Author: BYMARKETSCOM

Silver Forecast and XAG/USD for March 15, 2024

Gold XAU/USD is trading at the level of 1261.50. Gold is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is an bullish trend in GOLD. Gold prices are expected to drop to the level of 1255.00, from which one should expect an attempt of growth and further development of the bullish trend for Gold with a target to growth near the level of 1272.00. GOLD analysis and forecast XAU/USD on July 28, 2017 Earlier, we received a weak signal for the buying of GOLD, due to the intersection of the signal lines at the…

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WTI crude oil forecast and analysis on September 28, 2022

Brent crude oil is trading at $ 51.19 per barrel. Brent crude continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in oil. Oil prices are expected to drop to the level of $ 50.31 per barrel, from which one should expect an attempt of growth and further development of the bullish trend with the aim of growth near the level of $ 52.60 per barrel. Analysis and forecast Brent crude oil on July 28, 2017 Previously, a strong signal was received for the purchase of Brent Oil, due to the crossing…

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GOLD forecast and XAU/USD analysis on September 23, 2022

Gold quotes are traded at the level of 1248.24. 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 testing the average border of the Bollinger Bands indicator bars. A minor correction is expected near the level of 1241.70, 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 1272.00. Bollinger Bands forecast XAU USD on July 27, 2017 The conservative buying area is…

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WTI crude oil forecast and analysis on October 5, 2022

Quotes Oil WTI traded at the level of 48.19 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 upper boundary of the Bollinger Bands indicator strip. An insignificant correction is expected near the level of 47.20 dollars per barrel, where again we should expect an attempt to continue growth and further development of the upward trend in Oil WTI near the level of 50.70 dollars per barrel. Bollinger Bands forecast WTI on July 27, 2017 The conservative buying area…

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Japanese Yen Forecast USD/JPY for August 24, 2023

Currency USD/JPY is trading at 111.91. 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, the pair’s quotes are moving near the middle border of the Bollinger Bands indicator bars. An insignificant correction is expected near the level of 112.00, from which one should expect an attempt to continue falling and further development of the downward trend with the target near the level of 109.80. Bollinger Bands forecast USD JPY on July 27, 2017 The conservative sales area is located…

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GBP/USD forecast Pound Dollar on September 23, 2022

Currency pair GBP/USD is trading at 1.3036. 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, the quotes of the pair move near the upper border of the Bollinger Bands indicator bars. An insignificant correction is expected near the level of 1.2990, where again we should expect an attempt to continue growth and further development of the upward trend near the level of 1.3200. Bollinger Bands forecast GBP USD on July 27, 2017 The conservative buying area is near…

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Euro Dollar Forecast EUR/USD for September 7, 2023

Currency pair EUR/USD is trading at 1.1626. 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 Euro/Dollar. At the moment, quotes of the pair test the average border of the bars of the indicator Bollinger Bands. An insignificant correction is expected near the level of 1.1575, where again we should expect an attempt to continue growth and further development of the upward trend for the Euro Dollar pair near the level of 1.1840. Bollinger Bands forecast EUR USD on July 27, 2017 The conservative…

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GOLD Forecast and Analysis for March 15, 2024

Gold quotes are traded at the level of 1250.62. 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 testing the average border of the Bollinger Bands indicator bars. A minor correction is expected near the level of 1243.20, 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 1270.55. Bollinger Bands forecast XAU USD on July 26, 2017 The conservative buying area is…

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Brent Forecast March 11 — 15, 2024

Quotes Oil WTI traded at the level of 47.76 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 upper boundary of the Bollinger Bands indicator strip. An insignificant correction is expected near the level of 46.70 dollars per barrel, where again we should expect an attempt to continue growth and further development of the upward trend in Oil WTI near the level of 49.65 dollars per barrel. Bollinger Bands forecast WTI on July 26, 2017 The conservative buying area…

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USD/JPY forecast Japanese Yen on October 5, 2022

Currency USD/JPY is trading at 111.61. 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, the pair’s quotes are moving near the middle border of the Bollinger Bands indicator bars. An insignificant correction is expected near the level of 111.95, from which one should expect an attempt to continue falling and further development of the downward trend with the target near the level of 109.10. Bollinger Bands forecast USD JPY on July 26, 2017 The conservative sales area is located…

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