Ripple XRP/USD are trading at 0.3668 and continue to move as part of the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $15 659 188 152. Moving averages indicate a short-term bullish trend on Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.3385. Further, the continuation of the growth of cryptocurrency in the region above the level of 0.4545. Ripple Forecast and XRP/USD Analysis May 24, 2019 In favor of the growth of XRP/USD quotes, a test of the…
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.
Bitcoin Cash BCH/USD are trading at 384.78 and continue to move as part of the correction and the formation of the «Triangle» pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $6 852 969 017. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 24, 2019, we should expect an attempt to decrease and test the support level near the area of 370.00. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential…
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 the level of 25558. Moving averages indicate a bearish 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 24, 2019 In favor…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction. Moving averages indicate a short-term bearish trend in the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1165. At the moment, we should expect an attempt to continue growth and test the resistance level near the 1.1185 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 1.1045. EUR/USD Forecast Euro Dollar May 23, 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 British Pound to the US Dollar is 1.2655. 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 1.2735. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the bearish movement of the currency pair, in the framework of the FOREX forecast for…
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 0.6884. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6925. 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 23, 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 bearish channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 110.42. 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 110.70. Further, the rebound and the continuation of the fall of the pair USD/JPY to the area below the level of 108.55.…
Quotes of BRENT continue to move as part of a decline. At the time of the publication of the forecast, the price of BRENT oil is $ 71.02 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 71.65 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 23, 2019 In favor of the fall in quotations and prices for oil BRENT will test a…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the side corridor. Uncertainty persists. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3386. Moving averages indicate a short-term bearish trend in the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near 1.3365. Further, the rebound and the continuation of the growth of the currency pair on FOREX. A potential target of such a movement of quotes is an area above the level of…
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 23, 2019 In favor of reducing the XAU/USD quotes, a test of the downward…