Canadian Dollar Forecast USDCAD for May 13, 2025 suggests an attempt to test the support area near the level of 1.3925.
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.
GOLD Forecast and Analysis for May 13, 2025 suggests an attempt to develop a bullish price correction and test the resistance area near the level of 3265.
Silver forecast XAGUSD for May 13, 2025 suggests an attempt to test the resistance area near the level of 32.35.
NZDUSD Forecast and Analysis for May 13, 2025 suggests an attempt to test the resistance area near the level of 0.5905.
USDCHF Forecast Dollar Franc for May 13, 2025suggests an attempt to develop a bearish correction and test the support area near the level of 0.8375.
Bitcoin Forecast and Analysis for May 13, 2025 suggests an attempt to test the support level near the 102065 area.
Ethereum Forecast and Analysis for May 13, 2025 suggests a bearish correction attempt and a test of the support area near the 2405 level.
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The Euro Dollar EUR/USD currency pair ends the trading week with growth near the level of 1.1227. The moving averages indicate a bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the European currency and a probable continuation of growth from the current levels. As part of the Euro exchange rate forecast for the trading week, we should expect an attempt to develop growth in the EUR/USD pair and a test of the resistance area near the level of 1.1375. From where a downward rebound and continued…
BRENT oil quotes are ending the trading week near the area of 63.82 dollars per barrel. Moving averages indicate the presence of a bearish trend. Prices broke through the area with signal lines downwards, which indicates pressure from raw material sellers and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a fall and a test of the support area near the level of 59.45. Then, it is worth considering an upward rebound and continued growth of oil to the area above the level of 71.05 dollars per barrel.…