Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.39. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate, tomorrow we should expect an attempt to decline and a test of the support level near the 64.05 Ruble area per US Dollar. Then, the rebound and the continued growth of the currency pair in the region 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.
Bitcoin BTC/USD are trading at 8743 and continue to move as part of strong growth and the beginning of the development of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $154 649 205 883. Moving averages indicate the presence of a bullish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for May 28, 2019, we expect an attempt to develop a correction and a test of the support level near the region 8375. Where should we again expect a rebound and an attempt to continue the growth of the Bitcoin…
Ethereum ETH/USD are trading at 266.10 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $28 422 425 704. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to fall and test the lower boundary of the channel near the area of 255. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 310. Ethereum Forecast and ETH/USD Analysis May 28, 2019 An additional signal in favor…
Litecoin LTC/USD are trading at 113.49 and continue to move through strong growth and an bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 048 390 532. Moving averages indicate a bullish trend in Litecoin. At the moment, we can expect an attempt to reduce and test the support level near the area of 107.65. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 125.65. Litecoin Forecast and LTC/USD Analysis May 28, 2019 In favor of growth in LTC/USD quotes, a…
Ripple XRP/USD are trading at 0.4066 and continue to move within the correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $17 257 861 284. Moving averages indicate the presence of a short-term bullish trend on Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.3855. Further, the continuation of cryptocurrency growth in the region above the level of 0.4595. Ripple Forecast and XRP/USD Analysis May 28, 2019 In favor of the growth of XRP/USD quotes, a test of the rising…
Bitcoin Cash BCH/USD are trading at 433.69 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 $7 720 345 744. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 28, 2019, we expect an attempt at a correction and a test of the support level near the 410.00 area. Where can we expect a rebound again and the continued growth of the digital asset Bitcoin Cash with…
Stock index Dow Jones continue 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 index is trading at 25635. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 25765. Where can we expect a rebound and the continuation of the fall of the Dow Jones stock index quotes to the area below the level of 24395. Dow Jones Index Forecast and Analysis May 28, 2019 In favor of…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1191 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1265. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target of the decline is the area below the level of 1.0775. EUR/USD Forecast and Analysis May 27 — 31, 2019 In favor of the fall of the EUR/USD currency pair at…
BRENT crude oil complete the trading week near the region of 67.34 dollars per barrel. And it continues to move in decline. Quotes were able to break through the important support area. Moving averages indicate an uptrend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 71.20. Then continued the fall of oil in the area below the level of 50.45 dollars per barrel. BRENT oil Forecast and Analysis May 27 — 31, 2019 An additional signal in favor of reducing the quotations of oil this week will be the…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.2712 area. The pair continues to move as part of the decline and start working out the «Head and Shoulders» model. Moving averages indicate a bearish trend. At present, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.2865. Further, the beginning of the decline in quotations of the Pound Dollar to the area below the level of 1.2065. GBP/USD Forecast and Analysis May 27 — 31, 2019 In favor of the fall of the British Pound will test…