Bitcoin Cash BCH/USD are trading at 414.88 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 309 661 044. Sliding averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 22, 2019, we should expect an attempt to decrease and test the support level near the area of 390.00. Where can we expect a rebound again and the continued growth of the digital asset Bitcoin Cash with a potential target above 495.00.…
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 Dow Jones continue to move within the fall and were able to leave the rising channel. At the time of the publication of the forecast, the index is trading at 25799. 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 25885. 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 24965. Dow Jones Index Forecast and Analysis May 22, 2019 In favor of falling stock…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. Moving averages indicate the presence of a medium-term upward trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1156. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1185. 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 1.1045. EUR/USD Forecast Euro Dollar May 21, 2019 A…
Currency pair Pound/Dollar GBP/USD continues to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the pound to dollar rate is 1.2742. 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 1.2845. 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 21, 2019, is the area…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction 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 0.6915. 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 21, 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 109.88. 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 110.25. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 107.55. 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 $ 72.51 per barrel. Moving averages indicate a short-term bearish trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 73.45 dollars per barrel. Further, the continuation of the fall of the oil in the area below 67.45. BRENT Crude Oil Forecast and analysis May 21, 2019 In favor of the…
Currency pair US Dollar Canadian Dollar USD/CAD 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 Canadian Dollar is 1.3435. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the 1.3395 area. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such…
GOLD continue to move in the fall. At the time of the publication of the forecast, the price of GOLD is 1275 Dollars per Troy Oz. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of 1285. Where can we expect a rebound and the continuation of the fall in the price of GOLD with the goal below the level of 1245. XAU/USD Forecast and GOLD analysis May 21, 2019 In favor of reducing the XAU/USD quotes, a test of the downward…
Silver continue to move as part of the decline and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is $ 14.39. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 14.55 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 13.95. XAG/USD Forecast Silver and Analysis May 21, 2019 In favor of raising…