GOLD continue to move within the correction and the downward 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 continue the development of the correction and test the resistance level near the area of 1290. Where should we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1260. XAU/USD Forecast and GOLD analysis May 2, 2019 In favor of reducing the XAU/USD quotes, a test of the trend…
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.
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 14.86 Dollars. Fall risks still persist. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the 14.95 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 14.15. XAG/USD Forecast Silver and Analysis May 2, 2019 In favor of reducing the XAG/USD quotes, a test…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and the descending channel. At the time of the publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6655. At the moment, we should expect an attempt to continue the development of the correction and a test of the resistance level near 0.6685. Further, the continuation of the fall of the currency pair on Forex in the area below the level of 0.6545. NZD/USD Forecast New Zealand Dollar May 2, 2019 In favor of the…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the beginning of the Forex mining of the «Triangle» model. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0159. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.0175. Then, the continuation of the fall of the US Dollar against the Swiss Franc with a target below the level of 1.0025.…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and formation 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 64.63. At the moment, we should expect an attempt to continue the decline and a test of the support level near the 64.20 Ruble area for the US Dollar. Then, the pair continues to grow to an area above 66.25. USD/RUB Forecast Russian Ruble May 2, 2019 A test of the support line on the relative strength index (RSI)…
Bitcoin BTC/USD are trading at 5190 and continue to move as part of the formation of a reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $94 950 886 831. 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 area of 5395, where the right shoulder of the reversal pattern will be completed. Where once again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with the target below…
Ethereum ETH/USD are trading at 157 and continue to move as part of the correction and the beginning of the development of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $16 990 124 777. Moving averages indicate an upward trend in Ethereum. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of 160. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below the level of 125. Ethereum Forecast…
Litecoin LTC/USD are trading at 71.74 and continue to move as part of the correction and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 463 656 248. Moving averages indicate an upward trend in Litecoin. At the moment, we should expect an attempt to test the support level near the 65.05 area. From where it is again necessary to expect a rebound and the continuation of the growth of the course Litecoin with a goal above the level of 95.00. Litecoin Forecast and LTC/USD Analysis May 2, 2019 The test of the…
Ripple XRP/USD are trading at 0.2989 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $12 724 449 697. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.2905. Further, the continuation of cryptocurrency growth in the region above the level of 0.3375. Ripple Forecast and XRP/USD Analysis May 2, 2019 In favor of the growth of XRP/USD quotes, there will be a test of the line of the beaten…
Bitcoin Cash BCH/USD are trading at 266 and continue to move as part of the upward correction and the channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 745 536 495. Moving averages indicate a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast, we should expect an attempt to grow and test the resistance level near the area of 280. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with a potential target below the level of 225. Bitcoin Cash…