Bitcoin BTC/USD are trading at 6027 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $106 953 056 032. Moving averages indicate a bitcoin uptrend. As part of the cryptocurrency exchange rate forecast for tomorrow, we should expect an attempt to fall and a test of the support level near the 5865 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 6465 area. Bitcoin Forecast and Analysis BTC/USD May 10,…
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 166 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 $17 937 542 895. Moving averages indicate the presence of a short-term upward trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near the area of 160. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 185. Ethereum Forecast and ETH/USD Analysis May 10, 2019…
Litecoin LTC/USD traded at 72.49 and continue to move within the framework of the correction and the model «Triangle». Cryptocurrency capitalization at the time of the publication of the forecast is $4 534 807 260. Moving averages indicate the bullish trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 71.45. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 83.55. Litecoin Forecast and LTC/USD Analysis May 10, 2019 In favor of growth in LTC/USD…
Ripple XRP/USD traded at 0.2925 and continue to move in the framework of the decline and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $12 578 594 572. Moving averages indicate a short-term downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3030. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.2525. Ripple Forecast and XRP/USD Analysis May 10, 2019 In favor of falling XRP/USD quotes, a test of…
Bitcoin Cash BCH/USD are trading at 280.38 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $5 040 611 345. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for tomorrow, we can expect an attempt to decrease and test the support level near the 275.00 area. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above 325.00.…
Currency pair Euro/Dollar EUR/USD continues to move within the bearish channel and the formation of the «Triangle» model. Moving averages indicate the presence of a medium-term bearish trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1200. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1220 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 1.1065. EUR/USD Forecast Euro Dollar May 9, 2019…
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 1.305. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3105. 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 9, 2019, is the area at the level of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the decline and the downward channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.7000. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7025. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6910. AUD/USD Forecast Australian Dollar May 9, 2019 In favor of the fall of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of the decline and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 110.16. 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 level of 110.75. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below…
Quotes of BRENT continue to move within the correction and the downward channel. At the time of publication of the forecast, the price of BRENT oil is $ 70.36 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 67.45. BRENT Crude Oil Forecast and analysis May 9, 2019 In favor of the fall in quotations and prices for oil BRENT will test…