Ripple XRP/USD traded at 0.4281 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $17 856 394 509. 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 0.3885. Further, the continuation of the growth of cryptocurrency in the region above the level of 0.4955. Ripple Forecast and XRP/USD Analysis May 16, 2019 In favor of the growth of XRP/USD quotes, a test of the rising…
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 385.38 and continue to move as part of the growth and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $6 816 723 093. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 16, 2019, we should expect an attempt to decrease and test the support level near the 345.00 area. 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 continues to move within the framework of the correction and the formation of the «Triangle» model. 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 1.1232. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1245 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 1.1105. EUR/USD Forecast Euro Dollar May 15,…
Currency pair Pound/Dollar GBP/USD continues to move in line with the decline. At the time of the publication of the forecast, the pound to dollar rate is 1.2961. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3005. 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 15, 2019, is the area at the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the downward channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar to US dollar is 0.6946. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6965. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6905. AUD/USD Forecast Australian Dollar May 15, 2019 In favor of the fall of the pair AUD/USD will test the downward trend…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction. At the time of publication of the forecast, the exchange rate of the US dollar to the Japanese Yen is 109.61. 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 grow and test the resistance area near the 110.15 level. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 107.45. USD/JPY Forecast Japanese Yen May 15,…
Quotes of BRENT continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of BRENT oil is $ 71.13 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to grow and test the resistance level near the area of 71.55 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 67.15. BRENT Crude Oil Forecast and analysis May 15, 2019 In favor of the fall in quotations and prices for…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3461. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the area of 1.3425. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential target of…
GOLD continue to move through strong growth and a downward channel. At the time of the publication of the forecast, the price of GOLD is 1297 Dollars per Troy Oz. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 1290. Where should we expect a rebound and continued growth in the price of GOLD with a goal above the level of 1335. XAU/USD Forecast and GOLD analysis May 15, 2019 In favor of the growth of XAU/USD quotes, a test of the trend line on the…
Silver continue to move as part of the decline and the formation of the «Triangle» model. At the time of publication of the forecast, the price of Silver is $ 14.73. At the moment, we should expect an attempt to grow the asset and test the resistance level near the area of 14.80. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 13.85. XAG/USD Forecast Silver and Analysis May 15, 2019 In favor of raising the XAG/USD quotes, a test of the downward trend line…