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 to US Dollar rate is 0.7021. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7045. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6925. AUD/USD Forecast Australian Dollar May 3, 2019 In favor of the fall of the…
Author: forex24pro
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall. The pair left the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 111.48. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 111.75. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 110.45. USD/JPY Forecast Japanese Yen May…
Quotes of BRENT continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of publication of the forecast, the price of BRENT oil is $ 71.24 per barrel. Moving averages indicate a short-term upward trend in oil. At the moment, we can expect an attempt to grow and test the resistance level near the area of 72.45 dollars per barrel. Further, the continuation of the fall of the oil in the area below 64.15. BRENT Crude Oil Forecast and analysis May 3, 2019 In favor of the fall in…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of a strong correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3433. 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 1.3415. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential goal of raising quotes is the area above…
GOLD continue to move in the framework of a decline and a downward channel. At the time of the publication of the forecast, the price of GOLD is 1272 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 1275. Where should we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1255. XAU/USD Forecast and GOLD analysis May 3, 2019 In favor of reducing the XAU/USD quotes, a test of the trend…
Silver continue to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the price of Silver is 14.67 Dollars. At the moment, we should expect an attempt to grow the asset and test the resistance level near the area of 14.95. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 14.85. XAG/USD Forecast Silver and Analysis May 3, 2019 In favor of reducing the XAG/USD quotes, a test of the downward trend line on…
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 forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6628. At the moment, we should expect an attempt to develop a correction and test the resistance level near the 0.6675 area. Further, the continuation of the fall of the currency pair on FOREX in the area below the level of 0.6495. NZD/USD Forecast New Zealand Dollar May 3, 2019 In favor of the fall of the pair…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the beginning of the downward channel. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 1.0189. Moving averages indicate the presence of a bullish trend in the pair. At the moment, we should expect an attempt to continue falling and test the support area near the level of 1.0155. Then, the continued growth of the US Dollar against the Swiss Franc with the target above the level of 1.0295. USD/CHF Forecast Dollar Franc May…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the beginning of the development 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 65.20. At the moment, we should expect an attempt to reduce and test the support level near the region of 64.75 Rubles for the US Dollar. Then, the pair continues to grow to an area above 66.75. USD/RUB Forecast Russian Ruble May 3, 2019 A test of the support line on the relative strength index…
Bitcoin BTC/USD are trading at the level of 5365 and continue to move as part of the formation of the «Head and Shoulders» reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $96 549 678 554. Moving averages indicate the presence of an upward trend in Bitcoin. At the moment, we should expect an attempt to grow and test the resistance level near the 5405 area, where the right shoulder of the model will be completed. Where can we expect a rebound again and an attempt to continue the fall of the Bitcoin rate with…