Litecoin LTC/USD are trading at 93.35 and continue to move as part of a strong correction. Cryptocurrency capitalization at the time of the publication of the forecast is $5 904 368 669. Moving averages indicate a bullish trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 89.55 area. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 125.55. Litecoin Forecast and LTC/USD Analysis May 17, 2019 In favor of growth in LTC/USD quotes, a test of an…
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 are trading at 0.4087 and continue to move as part of a downward correction. Cryptocurrency capitalization at the time of the publication of the forecast is $17 612 033 410. Sliding averages indicate the presence of a short-term upward trend in Ripple. At the moment, we should expect an attempt to fall and test the support level near the area of 0.3655. Further, the continuation of cryptocurrency growth in the region above the level of 0.4995. Ripple Forecast and XRP/USD Analysis May 17, 2019 In favor of the growth of XRP/USD quotes, a test of the rising trend…
Bitcoin Cash BCH/USD are trading at 393.68 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 143 431 298. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 17, 2019, we should expect an attempt to decline and a test of the support level near the 360.00 area. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above the…
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 25,756. 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 25875. Where can we expect a rebound and the continuation of the fall of the Dow Jones stock index quotes to the area below the level of 24265. Dow Jones Index Forecast and Analysis May 17, 2019 In favor of falling stock…
Stock index DAX 30 continue to move in the ascending channel. At the time of the publication of the forecast, the exchange index rate is 12176. Moving averages indicate the presence of a bullish trend. As part of the DAX 30 stock exchange rate forecast, we should expect an attempt to reduce and test the support level near the area of 11985. Where should we expect a rebound and continued growth of the DAX 30 quotes to the area above the level of 12780. DAX 30 Index Forecast and Analysis May 17, 2019 In favor of the rise of quotations…
FTSE 100 stock index continue to move in the framework of growth and the ascending channel. At the time of the publication of the forecast, the index is trading at 7298. Moving averages indicate a bullish trend. At the moment, we should expect an attempt of correction and a test of the support level near the area of 7225. Where should we expect a rebound and continued growth of the FTSE 100 quotes to the area above the 7455 level. FTSE 100 Forecast and Analysis May 17, 2019 A test of the resistance line on the relative strength index (RSI)…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction. Moving averages indicate the presence of a medium-term upward trend for the pair. At the time of publication of the forecast, the euro/dollar rate is 1.1182. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1235 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 1.1075. EUR/USD Forecast Euro Dollar May 16, 2019 A test of the resistance line…
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 1.2855. 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 1.2925. 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 framework of the Forex forecast for May 16, 2019,…
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 downward trend. At the time of the publication of the forecast, the Australian Dollar rate to the US Dollar is 0.6920. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6940. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6765. AUD/USD Forecast Australian Dollar May 16, 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 fall. At the time of the publication of the forecast, the exchange rate of the US dollar to the Japanese Yen is 109.30. 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 110.15. 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…