Ripple XRP/USD are trading at 0.3918 and continue to move as part of a downward correction. Cryptocurrency capitalization at the time of the publication of the forecast is $16 699 846 184. Sliding 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 0.3635. Further, the continuation of cryptocurrency growth in the region above the level of 0.5065. Ripple Forecast and XRP/USD Analysis May 21, 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 402.18 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 180 394 097. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 21, 2019, we should expect an attempt to decrease and test the support level near the area of 385.00. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above the level…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1166 area. The pair continues to move within the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1255. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target of the decline is the area below the level of 1.0765. EUR/USD Forecast and Analysis May 20 — 24, 2019 In favor of the fall of the EUR/USD currency pair at…
BRENT crude oil complete the trading week near the region of $ 73.09 per barrel. And continues to move in growth. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance area near the 75.15 level. Then the continuation of the fall of oil in the area below the level of 57.65 dollars per barrel. BRENT oil Forecast and Analysis May 20 — 24, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the resistance line on the relative strength index…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2754 area. The pair continues to move as part of the decline and start working out the «Head and Shoulders» model. Moving averages indicate a bearish trend. At this point, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.2945. Further, the beginning of the decline in quotations of the Pound/Dollar to the area below the level of 1.2055. GBP/USD Forecast and Analysis May 20 — 24, 2019 In favor of the fall of the British Pound will test…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.57 Rubles for the US Dollar. The pair continues to move within the downward channel. Moving averages indicate an uptrend. In the current trading week May 20 — 24, 2019, a decline is expected and a test of the support area near the level of 64.05. Where can we expect a rebound and continued growth of the dollar above the level of 68.35. USD/RUB Forecast and Analysis May 20 — 24, 2019 In favor of the growth of the dollar/ruble pair will be a…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6877. The pair continues to move within the bounds of the fall and was able to break through the lower boundary of the «Triangle» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6945. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6475. AUD/USD Forecast and Analysis May 20 — 24, 2019 In favor of the fall of the…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3485. The pair continues to move within the bullish channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near 1.3355. Then the growth of quotations continued with the goal above the level of 1.3965. USD/CAD Forecast and Analysis May 20 — 24, 2019 A test of the rising support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal will be a rebound…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 109.61. The pair continues to move within the fall and the bearish channel. 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 110.65. Then rebound and the continuation of the fall of the pair in the area below the level of 105.95. USD/JPY Forecast and Analysis May 20 — 24, 2019 In favor of the fall of the pair Dollar/Yen will test a downward trend line…
GOLD completes the trading week near the area of 1285. The XAU/USD quotes continue to move within the correction and the ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue the correction and test the support level near the 1270 area. Further, the GOLD price will continue to rise with a potential target above the level of 1365. GOLD Price Forecast and Analysis May 20 — 24, 2019 In favor of the rise of quotations and prices for GOLD in the current trading week of May 20 — 24, 2019, a…