Bitcoin BTC/USD ends the trading week at the level of 6282 and continues to move through strong growth and a rising channel. Quotes were able to break through an important resistance area at 6000. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 5720. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 7600. Bitcoin Forecast and Analysis May 13 — 17, 2019 In the current trading…
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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.
Ethereum ETH/USD ends the trading week at 170 and continues to move as part of the growth and the bullish channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and maintain the test level near the area of 160. Where again we should expect a rebound and continued growth of the course Ethereum with a potential target above the level of 265. Ethereum Forecast and Analysis May 13 — 17, 2019 A test of the support line on the relative strength index (RSI) will be in favor of raising the ETH/USD quotes on…
Ripple XRP/USD close the trading week at 0.2933 and continue to move in line with the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support level near the 0.2835 area. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.4845. Ripple Forecast and Analysis May 13 — 17, 2019 In favor of the rise of XRP/USD quotes in the current trading week of May 13 — 17, 2019, a test of the rising trend line…
Litecoin LTC/USD ends the trading week at 74.97 and continues to move through the growth and upward channel. Moving averages indicate a bullish. At the moment, we should expect an attempt to test the support area near the level of 70.05. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a potential target above 110.55. Litecoin Forecast and Analysis May 13 — 17, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading week of May 13 — 17, 2019 will be the support line test on…
Bitcoin Cash ends the trading week at 284 and continues to move in the uplink. Moving averages indicate a downward trend. As part of the weekly BCH/USD rate forecast, we should expect an attempt to fall and a test of the support area near the level of 235. Where again we should expect a rebound and an attempt to continue to grow Bitcoin Cash with a potential target above the level of 495. Bitcoin Cash Forecast and Analysis May 13 — 17, 2019 An additional signal in favor of raising the BCH/USD quotes on the current trading week on May…
Currency pair Euro/Dollar EUR/USD continues to move within the downward channel and the formation of the «Triangle» model. Moving averages indicate the presence of a medium-term bearish trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1200. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1220 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 10, 2019…
Currency pair Pound/Dollar GBP/USD continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the pound to dollar rate is 1.305. 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 1.3015. 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 10, 2019, is…
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 downward trend. At the time of the publication of the forecast, the Australian Dollar rate to the US Dollar is 0.6972. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7020. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6885. AUD/USD Forecast Australian Dollar May 10, 2019 In favor of the fall of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of the decline and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.83. 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 grow 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…
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 $ 70.37 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we can expect an attempt to grow and test the resistance level near the area of $ 71.25 per barrel. Further, the continuation of the fall of the oil in the region below the level of 66.90. BRENT Crude Oil Forecast and analysis May 10, 2019 In favor of the…