BTC/USD are trading at 9457 and continue to move as part of the correction and the upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $179 458 805 813. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices pushed from the area between the lines up, indicating pressure from the buyers of Digital Gold. As part of the cryptocurrency rate forecast for tomorrow, May 21, 2020, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support level near…
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.
ETH/USD are trading at 212.71 and continue to move as part of strong growth and an upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $23 773 657 806. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of 205.05. Where again we should expect a rebound and continued growth of the Ethereum rate…
LTC/USD are trading at 45.36 and continue to move as part of the correction and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 950 306 980. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 46.25. Where again we should expect a rebound and a continued fall…
XRP/USD are trading at 0.2032 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 058 525 377. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating pressure from asset sellers. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the 0.2115 area. Further, the continuation of the fall of cryptocurrency to the area below the level…
BCH/USD are trading at 246.17 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 537 784 488. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset. As part of the cryptocurrency rate forecast for May 21, 2020, one should expect an attempt to develop the growth of the asset value and test the resistance level near the area of…
Currency pair Euro/Dollar EUR/USD continues to move as part of a strong upward correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0947. As part of the FOREX forecast for May 20, 2020, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0995. Further, the rebound and continued…
Currency pair Pound/Dollar GBP/USD continues to move as part of a strong upward correction and a downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2227. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and the potential continuation of the fall in quotes already from current levels. At the moment, we should expect an attempt to develop the correction of the British Pound against the US Dollar and a test of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a strong bullish correction and the formation of the next «Triangle» model. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6539. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6565. Further, the rebound and continued fall of quotations in the area…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of strong growth and the formation of the «Wolfe Wave» downward pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.97. Moving averages indicate a short-term bullish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from buyers of the US Dollar and the potential continuation of the rise in prices. As part of the Japanese Yen rate forecast for May 20, 2020, we should…
Brent continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 34.96 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have gone far up from the area between the signal lines, indicating pressure from «Black Gold» buyers. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of $ 31.85 per barrel. Further, the continued growth of the oil rate in the region above the level…