Litecoin LTC/USD traded at 102.52 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $6 396 198 961. Moving averages indicate a downward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 100.65. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 125.55. Litecoin Forecast and LTC/USD Analysis June 6, 2019 In favor of the growth of LTC/USD quotes, the upward…
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.
Ripple XRP/USD are trading at 0.3969 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $16 961 206 655. Moving averages indicate the presence of a short-term bullish trend on Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3810. Further, the continuation of cryptocurrency growth in the region above the level of 0.4885. Ripple Forecast and XRP/USD Analysis June 6, 2019 In favor of the growth of…
Bitcoin Cash BCH/USD are trading at 399.48 and continue to move as part of the correction and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 053 972 942. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for June 6, 2019, we should expect an attempt to decrease and test the support level near the area of 380.00. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above the…
Stock index Dow Jones continues to move in the framework of a strong correction and the downward channel. At the time of the publication of the forecast, the index is trading at 25411. Moving averages indicate a bearish trend. At the moment, we should expect a fall and a test of the support level near the area of 25045. Where should we expect a rebound and the continuation of the rise of the Dow Jones stock index quotes to the area above the level of 26095. Dow Jones Index Forecast and Analysis June 6, 2019 In favor of the growth…
Currency pair Euro/Dollar EUR/USD continues to move as part of a strong correction. Moving averages indicate a short-term bearish trend in the pair. At the time of the publication of the forecast, the euro rate to the US Dollar is 1.1247. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 1.1285. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential target of such a movement is the area below the level 1.1105. EUR/USD Forecast Euro Dollar June 5, 2019 The downward resistance…
Currency pair Pound/Dollar GBP/USD continues to move in the upward correction and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar is 1.2677. Moving averages indicate a short-term side trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2695. Where once again we should expect a rebound and the continuation of the decline of the pound against the dollar. The purpose of the downward movement of the currency pair, in the framework of the Forex forecast for June 5, 2019,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move through strong growth and a bearish channel. Moving averages indicate a short-term uptrend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6985. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7005. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6785. AUD/USD Forecast Australian Dollar June 5, 2019 In favor of the fall of the pair AUD/USD test will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the bullish «Wolfe Wave» model. Quotes testing area «Sweet Zone». 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 downward trend in the pair. As part of the forecast of the Japanese Yen rate for June 5, 2019, we should expect an attempt to fall and a test of the support area near the level of 107.35. Further, the…
BRENT continue to move in the fall and the bearish channel. At the time of the publication of the forecast, the price of BRENT oil is $ 60.74 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt of correction and a test of the resistance level near the area of $ 63.15 per barrel. Further, the continuation of the fall of the oil in the region below the level of 55.85. BRENT Crude Oil Forecast and analysis June 5, 2019 In favor of the fall in quotations and prices for…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of a strong bearish correction and the upward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3510. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to continue the fall of the asset and a test of the support level near the 1.3405 area. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such a…