Bitcoin Cash BCH/USD are trading at 280.38 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $5 040 611 345. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for tomorrow, we can expect an attempt to decrease and test the support level near the 275.00 area. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above 325.00.…
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.
Currency pair Euro/Dollar EUR/USD continues to move within the bearish 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 9, 2019…
Currency pair Pound/Dollar GBP/USD continues to move in line with the decline. At the time of the publication of the forecast, the pound to dollar rate is 1.305. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3105. 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 9, 2019, is the area at the level of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the decline and the downward channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.7000. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7025. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6910. AUD/USD Forecast Australian Dollar May 9, 2019 In favor of the fall of the…
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