Litecoin LTC/USD are trading at 113.58 and continue to move in a strong growth and bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 116 269 553. Moving averages indicate a bullish trend on Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 105.85. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 130.65. Litecoin Forecast and LTC/USD Analysis May 29, 2019 In favor of growth in LTC/USD quotes, a test…
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.
Ripple XRP/USD traded at 0.4237 and continue to move within the growth and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $18 043 131 014. Moving averages indicate the presence of 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 0.4105. Further, the continuation of cryptocurrency growth in the region above the level of 0.4655. Ripple Forecast and XRP/USD Analysis May 29, 2019 In favor of the growth of XRP/USD quotes, a test of the rising trend…
Bitcoin Cash BCH/USD are trading at 431.38 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 716 671 239. Moving averages indicate the presence of a short-term bullish trend for Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 29, 2019, we expect an attempt at a correction and a test of the support level near the 415.00 area. Where can we again expect a rebound and continued growth of Bitcoin Cash digital asset with a potential target above 490.00.…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. 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 1.1197. At the moment, we should expect an attempt to continue growth and test the resistance level near the 1.1215 area. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. A potential goal of such a movement is the area below the level of 1.1025. EUR/USD Forecast Euro Dollar May 28, 2019 The downward resistance test…
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 the US dollar is 1.2706. 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 1.2755. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The aim of the downward movement of the currency pair, in the FOREX forecast for May 28, 2019, is the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward 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 0.6922. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6955. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6775. AUD/USD Forecast Australian Dollar May 28, 2019 In favor of the fall of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of a bullish «Wolfe Wave» pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.48. 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 fall and test the support area near the level of 108.75. Further, the rebound and continued growth of the pair USD/JPY to the area…
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 67.49 dollars 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 69.95 dollars per barrel. Further, the continuation of the fall of the oil in the area below 63.05. BRENT Crude Oil Forecast and analysis May 28, 2019 In favor of the fall in quotations and prices for oil BRENT will perform a…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3465. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the 1.3395 area. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such a movement of…
GOLD continue to move as part of the decline and formation of the «Head and shoulders» downward pattern. At the time of the publication of the forecast, the price of Gold is 1286 Dollars per Troy Oz. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1290. Where can we expect a rebound and the continuation of the fall in the price of GOLD with the target below the level of 1250. XAU/USD Forecast and GOLD analysis May 28, 2019 In favor of…