Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3460. 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 1.3425. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential target of…
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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.
GOLD continue to move as part of the decline and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of Gold is 1282 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 1285. Where should we expect a rebound and the continuation of the fall in the price of Gold with a goal below the level of 1245. XAU/USD Forecast and GOLD analysis May 9, 2019 In favor of reducing the XAU/USD quotes,…
Silver continue to move in the framework of the decline and the downward channel. At the time of the publication of the forecast, the price of Silver is $ 14.84. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 15.10 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with the goal below the level of 14.05. XAG/USD Forecast Silver and Analysis May 9, 2019 In favor of reducing the XAG/USD quotes, a test of the downward trend line on the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the downward channel. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6581. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 0.6640. Further, the continuation of the fall of the currency pair on Forex in the area below the level of 0.6455. NZD/USD Forecast New Zealand Dollar May 9, 2019 In favor of the fall of the pair NZD/USD…
Currency pair Dollar Franc USD/CHF continues to move within the framework of the correction and the formation of the «Triangle» model. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 1.0184. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to continue falling and test the support area near the level of 1.0170. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0325. USD/CHF Forecast…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move in line with the growth and the beginning of the Forex mining of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.02. As part of the USD/RUB forecast, we should expect an attempt to decline and a test of the support level near the 64.80 Ruble level per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 66.55. USD/RUB Forecast Russian Ruble May 9,…
Bitcoin BTC/USD are trading at 5891 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $105 039 714 445. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast, we should expect an attempt to fall and a test of the support level near the 5755 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 6250 area. Bitcoin Forecast and Analysis…
Ethereum ETH/USD are trading at 166 and continue to move as part of the downward correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $18 017 616 387. Moving averages indicate an upward trend in Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of 160. Where again we can expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 185. Ethereum Forecast and ETH/USD Analysis May 9, 2019 An additional signal in favor…
Litecoin LTC/USD traded at 72.67 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 773 832 716. Moving averages indicate the presence of an upward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 72.05 area. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 81.65. Litecoin Forecast and LTC/USD Analysis May 9, 2019 In favor of growth in LTC/USD quotes,…
Ripple XRP/USD are trading at 0.2943 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $12 650 602 419. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the 0.3000 area. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.2685. Ripple Forecast and XRP/USD Analysis May 9, 2019 In favor of falling XRP/USD quotes, a test of the downward…