Ripple XRP/USD close the trading week at 0.3695 and continue to move in line with the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3325. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.6295. Ripple Forecast and Analysis May 20 — 24, 2019 In favor of the rise of XRP/USD quotes in the current trading week of May 20 — 24, 2019, a test of an uptrend trend…
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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.
Litecoin LTC/USD ends the trading week at 86.37 and continues to move through the growth and upward channel. Moving averages indicate a bullish trend. At the moment, we can expect an attempt to test the support area near the level of 73.05. 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 20 — 24, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading week of May 20 — 24, 2019 will be the…
Bitcoin Cash ends the trading week at 357 and continues to move through strong growth and a rising channel. Moving averages indicate a downward trend. As part of the BCH/USD exchange rate forecast for the next trading week, we can expect an attempt to reduce and test the support area near the 295 level. Where is the rebound expected again and the attempt to continue to grow Bitcoin Cash with a potential target above 655 level. Bitcoin Cash Forecast and Analysis May 20 — 24, 2019 An additional signal in favor of raising the BCH/USD quotes on the current trading…
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 1.1206. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1235 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 1.1070. EUR/USD Forecast Euro Dollar May 17, 2019 A test…
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 1.2824. 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 1.2905. 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 17, 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 downward trend. At the time of the publication of the forecast, the Australian Dollar rate to the US Dollar is 0.6923. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6965. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6815. AUD/USD Forecast Australian Dollar May 17, 2019 In favor of the fall of the pair AUD/USD…
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 109.63. 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 110.15. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 107.45. USD/JPY Forecast Japanese Yen…
Quotes of BRENT continue to move in the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of BRENT oil is $ 72.29 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 72.45 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 67.85. BRENT Crude Oil Forecast and analysis May 17, 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 USD/CAD Forecast Canadian Dollar May 17, 2019 model. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3405. 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 1.3385 area. Further, the rebound and the continuation of the growth of the currency pair on Forex.…
GOLD continue to move within the correction. At the time of the publication of the forecast, the price of GOLD is 1294 Dollars per Troy Oz. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 1290. Where can we expect a rebound and continued growth in the price of Gold with the goal above the level of 1325. XAU/USD Forecast and GOLD analysis May 17, 2019 In favor of the growth of XAU/USD quotes, a test of the rising trend…