Bitcoin Cash BCH/USD are trading at 469.68 and continue to move within the growth and channel. Cryptocurrency capitalization at the time of the publication of the forecast is $8 318 881 252. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 31, 2019, we expect an attempt at a correction and a test of the support level near the 440.00 area. Where can we expect a rebound again and the continued growth of the digital asset Bitcoin Cash with a potential target above the level of…
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.
Stock index DAX 30 continue to move in the framework of the correction and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the exchange index rate is 11902. Moving averages indicate a downward trend. As part of the DAX 30 stock exchange rate forecast, on May 31, 2019, we should expect an attempt to grow and test the resistance level near the area of 11985. Where should we expect a rebound and the continuation of the fall of the DAX 30 quotes to the area below the level of 11605.…
Stock index Dow Jones continue to move within the correction and the downward channel. At the time of publication of the forecast, the index is trading at the level of 25178. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 24755. Where should we expect a rebound and the continuation of the fall of the Dow Jones stock index quotes to the area below the level of 24455. Dow Jones Index Forecast and Analysis May 31, 2019 In favor of falling stock index quotes,…
FTSE 100 stock index continues to move within the correction and the downward channel. At the time of the publication of the forecast, the index is trading at 7210. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue the correction and test the resistance level near the area of 7265. Where should we expect a rebound and the continuation of the fall in FTSE 100 quotes to the area below the level 7005. FTSE 100 Forecast and Analysis May 31, 2019 In favor of the fall of the stock index quotes, a test…
Stock index NIKKEI 225 continue to move in the framework of the decline. At the time of the publication of the forecast, the exchange index rate is 20,922. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 21035. Where should we expect a rebound and the continuation of the fall of the NIKKEI 225 quotes to the area below the level of 20275. NIKKEI 225 Forecast and Analysis May 31, 2019 A test of the trend line on the relative strength index (RSI) will…
NASDAQ stock index continue to move in the downward channel. At the time of publication of the forecast, the index is trading at 7245. At this point, an attempt should be expected to grow and test the resistance level near the area of 7345. Where should we expect a rebound and the continuation of the fall in NASDAQ quotes to the area below the level of 7040. NASDAQ Forecast and Analysis May 31, 2019 In favor of falling stock index quotes, a test of the downward trend line on the relative strength index (RSI) will be made. The second signal…
Stock index S&P 500 continue to move within the downward channel. At the time of publication of the forecast, the index is trading at 2790. At this point, we should expect an attempt to continue the correction and test the resistance level near the area of 2810. Where should we expect a rebound and the continuation of the fall of the S&P 500 quotes to the area below the level of 2745. S&P 500 Forecast and Analysis May 31, 2019 In favor of the fall of the stock index quotes, a test of the resistance line on the indicator of…
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 1.1151. At the moment, we should expect an attempt to continue the correction and test the resistance level near the 1.1205 area. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. A potential goal of such a movement is the area below the level of 1.1035. EUR/USD Forecast Euro Dollar May 30,…
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 1.2636. Moving averages indicate a short-term downward 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 30, 2019,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the fall and the downward channel. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6919. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6935. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6780. AUD/USD Forecast Australian Dollar May 30, 2019 In favor of the fall of the…