Bitcoin BTC/USD are traded at 7801 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $139 163 713 695. Moving averages indicate a bullish Bitcoin trend. As part of the cryptocurrency exchange rate forecast for May 23, 2019, we expect an attempt to develop a correction and a test of the support level near the 7205. Where will the rebound again be expected and an attempt to continue the growth of the Bitcoin rate with a target above the 9275 area. Bitcoin Forecast and Analysis…
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.
Ethereum ETH/USD aare trading at 250.49 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $26 875 905 975. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to decline and a test of the support level near area 235. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 305. Ethereum Forecast and ETH/USD Analysis May 23, 2019 An additional signal in favor of the growth…
Litecoin LTC/USD are trading at 88.96 and continue to move as part of the correction and the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $5 596 011 755. 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 86.55 area. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 110.65. Litecoin Forecast and LTC/USD Analysis May 23, 2019 In favor of growth in LTC/USD quotes,…
Ripple XRP/USD are trading at 0.3870 and continue to move as part of the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $16 476 657 095. Sliding averages indicate the presence of a short-term upward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.3635. Further, the continuation of cryptocurrency growth in the region above the level of 0.4995. Ripple Forecast and XRP/USD Analysis May 23, 2019 In favor of the growth of XRP/USD quotes, a test of…
Bitcoin Cash BCH/USD are trading at 400.49 and continue to move as part of the growth and bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 252 829 060. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 23, 2019, we should expect an attempt to decline and a test of the support level near the area of 345.00. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline. Moving averages indicate the presence of a medium-term downward trend for the pair. At the time of the publication of the forecast, the euro/dollar exchange rate is 1.1148. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1180 area. 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 1.1065. EUR/USD Forecast Euro Dollar May 22, 2019 A test of the resistance…
Currency pair Pound/Dollar GBP/USD continues to move in the framework of the fall and the bearish channel. At the time of the publication of the forecast, the pound to dollar rate is 1.2690. 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 1.2805. 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 framework of the FOREX forecast for May 22, 2019,…
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 0.6915. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6950. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6790. AUD/USD Forecast Australian Dollar May 22, 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 fall. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 110.15. Moving averages indicate a short-term bearish 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 110.65. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 107.95. USD/JPY Forecast Japanese Yen…
Quotes of BRENT continue to move in the framework of a strong correction and the formation of the downward wave «Wolfe Wave». At the time of the publication of the forecast, the price of BRENT oil is $ 71.97 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 73.35 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 67.15. BRENT Crude Oil Forecast and analysis May 22, 2019 In…