Currency pair Pound/Dollar GBP/USD continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the pound to dollar rate is 1.305. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3015. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the downward movement of the currency pair, in the framework of the FOREX forecast for May 10, 2019, is…
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forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the fall and the downward channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar rate to the US Dollar is 0.6972. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7020. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6885. AUD/USD Forecast Australian Dollar May 10, 2019 In favor of the fall of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of the decline and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.83. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate, we should expect an attempt to grow and test the resistance area near the level of 110.35. Further, the rebound and the continuation of the fall of the pair USD/JPY to the area below…
Quotes of BRENT continue to move in the framework of the correction and the formation of the Triangle model. At the time of the publication of the forecast, the price of BRENT oil is $ 70.37 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we can expect an attempt to grow and test the resistance level near the area of $ 71.25 per barrel. Further, the continuation of the fall of the oil in the region below the level of 66.90. BRENT Crude Oil Forecast and analysis May 10, 2019 In favor of the…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of a slight growth and the formation of the «Triangle» model. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3482. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the area of 1.3445. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential target…
GOLD continue to move in the framework of a decline and a bearish channel. At the time of the publication of the forecast, the price of GOLD is 1281 Dollars per Troy Oz. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 1282. Where should we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1245. XAU/USD Forecast and GOLD analysis May 10, 2019 In favor of reducing the XAU/USD quotes, a test of the trend…
Silver continue to move as part of the decline and the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of Silver is $ 14.71. At the moment, we can expect an attempt to falling asset and test support levels near 14.65 area. Where should we expect a rebound and continued growth in the price of Silver with the goal above the level of 15.25. XAG/USD Forecast Silver and Analysis May 10, 2019 In favor of raising the XAG/USD quotes, a test of the rising trend line on the relative…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the fall and the downward channel. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6573. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6620. Further, the continuation of the fall of the currency pair on Forex in the area below the level of 0.6465. NZD/USD Forecast New Zealand Dollar May 10, 2019 In favor of the fall of the pair NZD/USD will rebound from the…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0181. Moving averages indicate the presence of a bullish trend in the pair. At the moment, we should expect an attempt to continue the decline and test the support area near the level of 1.0125. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0335. USD/CHF Forecast Dollar Franc May 10, 2019 In favor of the growth…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and development of the «Triangle» Forex model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.97. As part of the USD/RUB forecast, we should expect an attempt to decline and a test of the support level near the 64.75 Ruble area per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 66.50. USD/RUB Forecast Russian Ruble May 10, 2019 A test of…