Litecoin LTC/USD ends the trading week at 94.63 and continues to move through the growth and bullish channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to test the support area near the level of 76.55. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a potential target above the level of 125.55. Litecoin Forecast and Analysis May 27 — 31, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading week of May 27 — 31, 2019 will be the…
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 Cash ends the trading week at the level of 414 and continues to move as part of the growth and bullish channel. Moving averages indicate a bearish trend. As part of the BCH/USD exchange rate forecast for the next trading week, we can expect an attempt at a correction and a test of the support area near the level of 335. Where is the rebound expected again and an attempt to continue to grow Bitcoin Cash with a potential target above the level of 605. Bitcoin Cash Forecast and Analysis May 27 — 31, 2019 An additional signal in…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction. Moving averages indicate a short-term downward trend in 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 growth and test the resistance level near the 1.1175 area. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential goal of such a movement is the area below the level of 1.1040. EUR/USD Forecast Euro Dollar May 24, 2019 A test of the resistance line on…
Currency pair Pound/Dollar GBP/USD continues to move in the framework of a strong fall and a downward channel. At the time of the publication of the forecast, the Pound to the US Dollar is 1.2655. 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 1.2700. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The purpose of the downward movement of the currency pair, in the framework of the FOREX forecast for May…
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 the US Dollar is 0.6874. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6905. 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 May 24, 2019 In favor of the fall of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 110.10. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate, we should expect an attempt to rise and test the resistance area near the level of 110.35. Further, the rebound and the continuation of the fall of the pair USD/JPY to the area below the level of…
Quotes of BRENT continue to move as part of a decline. At the time of the publication of the forecast, the price of BRENT oil is 68.85 dollars per barrel. Moving averages indicate a short-term upward trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 70.15 dollars per barrel. Further, the continuation of the fall of the oil in the area below 65.35. BRENT Crude Oil Forecast and analysis May 24, 2019 In favor of the fall in quotations and prices for oil BRENT will perform a…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the side corridor. Uncertainty persists. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3465. 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 of quotes is an area above…
GOLD continue to move as part of the decline and formation of the «Head and Shoulders» downward pattern. At the time of the publication of the forecast, the price of GOLD is 1277 Dollars per Troy Oz. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1290. Where can we expect a rebound and the continuation of the fall in the price of GOLD with the goal below the level of 1250. XAU/USD Forecast and GOLD analysis May 24, 2019 In favor of…
Silver 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 Silver is 14.47 Dollars. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 14.65 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 13.85. XAG/USD Forecast Silver and Analysis May 24, 2019 In favor of raising the XAG/USD quotes, a test…