Author: BYMARKETSCOM

Gold quotes are traded at the level of 1312.32. Gold moves below the level of the moving average with a period of 55, indicating a bearish trend for gold. At the moment, Gold quotes are moving near the upper border of the Bollinger Bands indicator bars. A test of level 1317.60 is expected, from which one should expect an attempt to continue the fall and further development of the downward trend in gold with a target near the level of 1290.50. GOLD forecast and XAU/USD analysis on May 7, 2018 The conservative sales area is located near the upper boundary…

Quotes Oil WTI traded at the level of 69.87 dollars per barrel. Oil moves above the moving average with a period of 55, indicating a bullish trend for Oil WTI. At the moment, oil quotes are testing the upper boundary of the Bollinger Bands indicator bars. A test of the level of 68.90 dollars per barrel is expected, where again we should expect an attempt to continue growth and further development of the upward trend for oil near the level of 72.10 dollars per barrel. WTI crude oil forecast and analysis on May 7, 2018 The conservative area for buying…

Currency USD/JPY is trading at 109.10. Quotations of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Dollar/Yen. At the moment, the quotes of the pair are moving near the lower border of the bands of the Bollinger Bands indicator. A test of the level of 108.80 is expected, where again one should expect an attempt to continue growth and further development of the upward trend for the Dollar/Yen pair near the level of 110.40. USD/JPY forecast Japanese Yen on May 7, 2018 The conservative buying…

Currency pair USD/RUB is trading at 62.38. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Dollar/Ruble. At the moment, quotes of the pair move near the middle border of the bands of the indicator Bollinger Bands. A level test 61.60 is expected, where again one should expect an attempt to continue growth and further development of the upward trend for the Dollar/Ruble pair near the level of 65.20. USD/RUB forecast Dollar Ruble on May 7, 2018 The conservative area for Dollar/Ruble pair buying…

Currency pair GBP/USD is trading at 1.3535. Quotes of the pair are traded below the moving average with a period of 55, indicating a bearish trend for the pair Pound/Dollar. At the moment, the quotes of the pair are moving near the lower border of the bands of the Bollinger Bands indicator. A test of the level of 1.3600 is expected, from which one should expect an attempt to continue falling and further development of the downward trend with the target near the level of 1.3310. GBP/USD forecast Pound Dollar on May 7, 2018 The conservative sales area is located…

Currency pair EUR/USD is trading at 1.1945. Quotes of the pair are trading below the moving average with a period of 55, indicating a bearish trend for the Euro/Dollar. At the moment, the quotes of the pair are moving near the lower border of the bands of the Bollinger Bands indicator. A test of level 1.1990 is expected, from which one should expect an attempt to continue falling and further development of a downward trend with a target near the level of 1.1810. EUR/USD forecast Euro Dollar on May 7, 2018 The conservative sales area is located near the upper…

Gold quotes are traded at the level of 1311.25. Gold moves below the level of the moving average with a period of 55, indicating a bearish trend for gold. At the moment, Gold quotes are moving near the lower border of the Bollinger Bands indicator bars. A test of the level of 1324.80 is expected, from which one should expect an attempt to continue the fall and further development of the downward trend for gold with a target near the level of 1280.60. XAU/USD weekly forecast on May 7 — 11, 2018 The conservative sales area is located near the…

Quotes Oil WTI traded at the level of 68.59 dollars per barrel. Oil moves above the moving average with a period of 55, indicating a bullish trend for WTI Oil. At the moment, oil quotes are moving near the upper boundary of the Bollinger Bands indicator bars. A test of the level of 67.00 dollars per barrel is expected, where again we should expect an attempt to continue growth and further development of the upward trend for oil near the level of 75.00 dollars per barrel. WTI weekly forecast on May 7 — 11, 2018 The conservative buying area is…

Currency USD/JPY is trading at 108.88. Quotations of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Dollar/Yen. At the moment, quotes of the pair move near the middle border of the bands of the indicator Bollinger Bands. A level test 108.20 is expected, where again one should expect an attempt to continue growth and further development of the upward trend for the Dollar/Yen pair near the level of 111.60. USD/JPY weekly forecast on May 7 — 11, 2018 The conservative buying area is near the…

Currency pair USD/RUB is trading at 62.87. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Dollar/Ruble. At the moment, the quotes of the pair move near the upper border of the Bollinger Bands indicator bars. A level test 61.70 is expected, where again one should expect an attempt to continue growth and further development of the upward trend for the Dollar/Ruble pair near the level of 65.80. USD/RUB weekly forecast on May 7 — 11, 2018 The conservative area for Dollar/Ruble pair buying…