Author: BYMARKETSCOM

Gold quotes are traded at the level of at 1301.31. Gold moves above the level of the moving average with a period of 55, which indicates the existence of a bullish trend for Gold. At the moment, Gold quotes test the upper boundary of the bands of the Bollinger Bands indicator. A 1288.0 level test is expected, from which one should expect an attempt to continue growth and further development of the upcoming trend for gold with a target near the level of 1318.50. GOLD forecast and XAU/USD analysis on October 16, 2017 The conservative buying area is located near…

Quotes Oil WTI traded at the level of 51.40 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 moving near the middle border of the Bollinger Bands indicator bars. A test of the level of 50.70 dollars per barrel is expected, where again one should expect an attempt to continue growth and further development of the upward trend in oil near the level of 52.80 dollars per barrel. WTI crude oil forecast and analysis on October 16, 2017 The conservative buying area…

Currency USD/JPY is trading at 111.86. Quotes of the pair are traded below the moving average with a period of 55, which indicates the presence of a bearish trend for the Dollar/Yen. At the moment, quotes of the pair test the lower boundary of the bands of the indicator Bollinger Bands. A test of level 112.40 is expected, from which one should expect an attempt to continue the fall and further development of a downward trend with a target near the level of 110.60. USD/JPY forecast Japanese Yen on October 16, 2017 The conservative sales area is located near the…

Currency pair GBP/USD is trading at 1.3298. 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 pair Pound/Dollar. At the moment, quotes of the pair test the upper boundary of the bars of the indicator Bollinger Bands. A test of the level of 1.3250 is expected, where again we should expect an attempt to continue growth and further development of the upward trend near the level of 1.3450. GBP/USD forecast Pound Dollar on October 16, 2017 The conservative buying area is near the lower…

Currency pair EUR/USD is trading at 1.1824. 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 Euro/Dollar. At the moment, quotes of the pair test the average border of the bands of the indicator Bollinger Bands. A test of level 1.1790 is expected, where again we should expect an attempt to continue growth and further development of the upward trend for the pair Euro Dollar near the level of 1.1930. EUR/USD forecast Euro Dollar on October 16, 2017 The conservative area for Euro/Dollar pair…

Cryptocurrency Ripple (XRP/USD) is trading at 0.2356. Quotes of the cryptocurrency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for Ripple. At the moment, the quotes of the cryptocurrency are moving near the lower border of the Bollinger Bands indicator bars. A test of the level of 0.2310 is expected, from which one should expect an attempt to continue growth and further development of the upward trend with a target near the level of 0.2770. Ripple (XRP/USD) forecast and analysis on October 16, 2017 The conservative area for buying…

Cryptocurrency Litecoin (LTC/USD) is trading at 57.33. Quotes of the cryptocurrency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for Litecoin. At the moment, the quotes of the cryptocurrency test the upper boundary of the bands of the indicator Bollinger Bands. A test of level 53.60 is expected, from which one should expect an attempt to continue growth and further development of an upward trend with a target near the level of 61.50. Litecoin (LTC/USD) forecast and analysis on October 16, 2017 The conservative area for buying is near…

Cryptocurrency Ethereum (ETH/USD) is trading at 299.78. Quotes of the cryptocurrency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for Ethereum. At the moment, the cryptocurrency quotes test the average border of the Bollinger Bands indicator bars. A test of level 295.50 is expected, from which one should expect an attempt to continue growth and further development of an upward trend with a target near the level of 325.50. Ethereum (ETH/USD) forecast and analysis on October 16, 2017 The conservative area for buying is near the lower border of…

Gold quotes are traded at the level of at 1290.32. Gold moves above the level of the moving average with a period of 55, which indicates the existence of a bullish trend for Gold. At the moment, Gold quotes are moving near the middle border of the Bollinger Bands indicator bars. A test of level 1285.50 is expected, from which one should expect an attempt to continue growth and further development of the upward trend in gold with a target near the level of 1310.50. GOLD forecast and XAU/USD analysis on October 13, 2017 The conservative buying area is located…