Bitcoin BTC/USD traded at 7981 and continue to move as part of the growth and formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $140 466 107 952. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, May 22, 2019, we expect an attempt to develop a correction and a test of the support level near the 7515 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target…
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.
Ethereum ETH/USD are trading at 252.54 and continue to move as part of the growth and formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $26 741 479 854. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near the area of 245. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 305. Ethereum Forecast and ETH/USD Analysis May 22, 2019 An…
Litecoin LTC/USD are trading at 90.60 and continue to move as part of the correction and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $5 626 780 170. Moving averages indicate a bullish trend on Litecoin. At the moment, we should expect an attempt to decrease and test the support level near the 88.75 area. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential goal above the level of 110.55. Litecoin Forecast and LTC/USD Analysis May 22, 2019 In favor of growth in LTC/USD quotes,…
Ripple XRP/USD are trading at 0.3975 and continue to move as part of the correction and the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $16 697 869 354. Moving averages indicate the presence of a short-term upward trend in Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3825. Further, the continuation of cryptocurrency growth in the region above the level of 0.4735. Ripple Forecast and XRP/USD Analysis May 22, 2019 In favor of the growth of XRP/USD quotes, a…
Bitcoin Cash BCH/USD are trading at 414.88 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 309 661 044. Sliding averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 22, 2019, we should expect an attempt to decrease and test the support level near the area of 390.00. Where can we expect a rebound again and the continued growth of the digital asset Bitcoin Cash with a potential target above 495.00.…
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 25799. Moving averages indicate a downward 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 22, 2019 In favor of falling stock…
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 1.1156. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1185. 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 21, 2019 A…
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 1.2742. 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 1.2845. 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 21, 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 bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6915. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6950. 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 21, 2019 In favor of the fall of the pair AUD/USD will…
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 109.88. 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 110.25. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 107.55. USD/JPY Forecast Japanese Yen…