Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0028. The pair continues to move within the framework of the correction and the formation of the «Wedge» model. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue the correction and test the support area near the level of 0.9980. Further, the rebound and continued growth of the pair with the goal above the level of 1.0385. USD/CHF Forecast and Analysis May 27 — 31, 2019 In favor of the growth of a pair of dollar franc will test the rising…
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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.
Bitcoin BTC/USD ends the trading week at 7999 and continues to move as part of the correction. Quotes will continue to test the resistance of 8000. Moving averages indicate a bullish trend. An important area of support is located near the 6500 level. At the moment, we should expect an attempt to correct and test the area of support near the 6700 level. Where can we again expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 9750. Bitcoin Forecast and Analysis May 27 — 31, 2019 In…
Ethereum ETH/USD ends the trading week at the level of 249 and continues to move as part of the growth and upward channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to decrease and test the level of support near area 210. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 365. Ethereum Forecast and Analysis May 27 — 31, 2019 A test of the support line on the relative strength index (RSI) will be in favor of raising the ETH/USD…
Ripple XRP/USD close the trading week at 0.3835 and continue to move as part of a bearish correction. 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 area of 0.3455. Where once again we can expect a rebound and continued growth of cryptocurrency in the region above the level of 0.5750. Ripple Forecast and Analysis May 27 — 31, 2019 In favor of the rise of XRP/USD quotes in the current trading week of May 27 — 31, 2019, a test of an uptrend…
Litecoin LTC/USD ends the trading week at 94.63 and continues to move through the growth and bullish channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to test the support area near the level of 76.55. 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 27 — 31, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading week of May 27 — 31, 2019 will be the…
Bitcoin Cash ends the trading week at the level of 414 and continues to move as part of the growth and bullish channel. Moving averages indicate a bearish trend. As part of the BCH/USD exchange rate forecast for the next trading week, we can expect an attempt at a correction and a test of the support area near the level of 335. Where is the rebound expected again and an attempt to continue to grow Bitcoin Cash with a potential target above the level of 605. Bitcoin Cash Forecast and Analysis May 27 — 31, 2019 An additional signal in…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction. Moving averages indicate a short-term downward trend in the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1138. At the moment, we should expect an attempt to continue growth and test the resistance level near the 1.1175 area. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential goal of such a movement is the area below the level of 1.1040. EUR/USD Forecast Euro Dollar May 24, 2019 A test of the resistance line on…
Currency pair Pound/Dollar GBP/USD continues to move in the framework of a strong fall and a downward channel. At the time of the publication of the forecast, the Pound to the US Dollar is 1.2655. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2700. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The purpose of the downward movement of the currency pair, in the framework of the FOREX forecast for May…
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 bearish trend. At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.6874. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6905. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6785. AUD/USD Forecast Australian Dollar May 24, 2019 In favor of the fall of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 110.10. 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 110.35. Further, the rebound and the continuation of the fall of the pair USD/JPY to the area below the level of…