Litecoin LTC/USD traded at 114.15 and continue to move within the growth and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 115 316 457. Moving averages indicate a bullish trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 110.05. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 135.55. Litecoin Forecast and LTC/USD Analysis May 30, 2019 In favor of growth in LTC/USD quotes, a test 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.
Ripple XRP/USD traded at 0.4370 and continue to move within the growth and bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $18 439 207 353. 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 0.4055. Further, the continued growth of cryptocurrency in the region above the level of 0.5165. Ripple Forecast and XRP/USD Analysis May 30, 2019 In favor of the growth of XRP/USD quotes, a test of the rising…
Bitcoin Cash BCH/USD are trading at 442.38 and continue to move as part of the growth and the beginning of the development of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $7 892 564 159. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 30, 2019, we should expect an attempt to decrease and test the support level near the 420.00 area. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with…
Stock index DAX 30 continue to move in the fall. At the time of the publication of the forecast, the exchange-rate index is 11855. Moving averages indicate a bearish trend. As part of the DAX 30 stock exchange rate forecast, on May 30, 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 11650. DAX 30 Index Forecast and Analysis May 30, 2019 In favor of falling stock…
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 publication of the forecast, the euro/dollar rate is 1.1187. At the moment, we should expect an attempt to continue the correction and test the resistance level near the area of 1.1230. 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 of 1.1030. EUR/USD Forecast Euro Dollar May 29,…
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 1.2669. 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 1.2715. 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 29, 2019, is…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction and the bearish channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6922. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6930. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6775. AUD/USD Forecast Australian Dollar May 29, 2019 In favor of the fall of the pair AUD/USD 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 upward «Wolfe Wave» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.48. Moving averages indicate a short-term bearish trend in the pair. As part of the forecast of the Japanese Yen rate for May 29, 2019, we should expect an attempt to fall and test the support area near the level of 108.65. Further, the rebound and continued growth of the pair…
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 $ 69.17 per barrel. Moving averages indicate a short-term sideways trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 69.95 dollars per barrel. Further, the continuation of the fall of the oil in the area below 62.65. BRENT Crude Oil Forecast and analysis May 29, 2019 In favor of the fall in quotations and prices for…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3470. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the area of 1.3405. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential target of such a movement…