Ripple XRP/USD close the trading week at 0.4147 and continue to move as part of the correction and the bullish channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3825. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.6295. Ripple Forecast and Analysis June 3 — 7, 2019 In favor of the rise of XRP/USD quotes in the current trading week from 3 to 7 June 2019, a test…
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.
Litecoin LTC/USD ends the trading week at 106.54 and continues to move through the growth and bullish channel. Moving averages indicate a bullish trend. The potential for continued growth is maintained. At the moment, we should expect an attempt to test the support area near the level of 86.75. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a potential target above the level of 140.55. Litecoin Forecast and Analysis June 3 — 7, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading week June 3…
Bitcoin Cash ends the trading week at 420 and continues to move as part of the correction and the upward channel. Moving averages indicate a bearish trend, which is already coming to an end. As part of the BCH/USD exchange rate forecast for the next trading week, we expect an attempt at a correction and a test of the support area near the level of 365. Where does a rebound be expected again and an attempt to continue to grow Bitcoin Cash with a potential target above the level of 635. Bitcoin Cash Forecast and Analysis June 3 — 7,…
Stock quotes of the Boeing Company traded at 348.63. BA continues to move below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a bearish trend for the Boeing Company. As part of the stock price forecast as of May 31, 2019. The Ichimoku Kinko Hyo Cloud lower test is expected to be near the 355.00 level, from where we can expect an attempt to rebound and continue reducing the cost of the Boeing Company with a target near the 286.00 level. Boeing Company Forecast for May 31, 2019 An additional signal in favor of…
Quotations of shares of the company Advanced Micro Devices traded at 27.75. AMD continues to move above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates a bullish trend in Advanced Micro Devices. As part of the stock price forecast for May 31, 2019. A test of the lower border of the Ichimoku Kinko Hyo Cloud is expected near the level of 27.15. Where can we expect an attempt to rebound and continue the growth of the cost of Advanced Micro Devices with a goal above the level of 34.05. Advanced Micro Devices Forecast for May 31, 2019…
Currency pair Euro/Dollar EUR/USD continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a short-term bearish trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1138. At the moment, we should expect an attempt to continue the correction and test the resistance level near the area of 1.1220. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential target of this movement is the area below 1.0965. EUR/USD Forecast Euro Dollar May 31, 2019 The downward…
Currency pair Pound/Dollar GBP/USD continues to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to dollar rate is 1.2626. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2685. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the downward movement of the currency pair, in the Forex forecast for May 31, 2019,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of growth and the formation of the bearish pattern «Wolfe Wave». Moving averages indicate a short-term uptrend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6929. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6945. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6855. AUD/USD Forecast Australian Dollar May 31, 2019 In favor of the…
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 «Double Bottom» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.67. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate as of May 31, 2019, we should expect an attempt to fall and test the support area near the level of 108.85. Further, the rebound and continued growth of the…
Quotes of BRENT continue to move in the framework of the decline and the downward channel. At the time of the publication of the forecast, the price of BRENT oil is $ 67.55 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 68.35 dollars per barrel. Further, the continuation of the fall of the oil in the area below 61.75. BRENT Crude Oil Forecast and analysis May 31, 2019 In favor of the fall in quotations and prices for…