Ethereum ETH/USD are trading at 156 and continue to move as part of the correction and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $17 064 615 613. Moving averages indicate the presence of an upward trend in Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of 160. Where again we should expect a rebound and the continuation of the fall of the Ethereum rate with a potential goal below the level of 130. Ethereum Forecast and ETH/USD Analysis May 3, 2019…
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.
Litecoin LTC/USD traded at 71.95 and continue to move within the correction and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 547 983 980. Moving averages indicate the presence of an upward trend in Litecoin. At the moment, we should expect an attempt to test the support level near the 65.00 area. From where it is again necessary to expect a rebound and the continuation of the growth of the course Litecoin with a goal above the level of 85.00. Litecoin Forecast and LTC/USD Analysis May 3, 2019 The test of the…
Ripple XRP/USD are trading at 0.2974 and continue to move as part of the correction and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $12 810 502 360. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.2875. Further, the continuation of cryptocurrency growth in the region above the level of 0.3355. Ripple Forecast and XRP/USD Analysis May 3, 2019 In favor of the growth of XRP/USD quotes, there will be a test of the…
Bitcoin Cash BCH/USD are trading at 271 and continue to move within the correction and channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 931 713 652. Sliding averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast, we should expect an attempt to fall and a test of the support level near area 255. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a potential target above the level of 295. Bitcoin Cash Forecast and Analysis BCH/USD…
Currency pair Euro/Dollar EUR/USD continues to move in the upward correction. Moving averages indicate the presence of a medium-term downward 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 continue growth and test the resistance level near the 1.1265 area. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential goal of such a movement is the area below the level 1.1135. EUR/USD Forecast Euro Dollar May 2, 2019 The test of the resistance line on…
Currency pair Pound/Dollar GBP/USD continues to move in an upward correction. At the time of the publication of the forecast, the pound to dollar rate is 1.3067. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and test the support area near the level of 1.3015. Where once again we can expect a rebound and continued growth of the pound against the dollar. The target of the upward movement of the currency pair, in the framework of the FOREX forecast for May 2, 2019, is the area at the level of 1.3175. GBP/USD Forecast…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction 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 0.7048. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7070. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6965. AUD/USD Forecast Australian Dollar May 2, 2019 In favor of the fall of the pair AUD/USD will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall. The pair left the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 111.30. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 111.55. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 110.50. USD/JPY Forecast Japanese Yen May…
Quotes of BRENT continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of BRENT oil is $ 72.12 per barrel. Moving averages indicate a short-term sideways trend in oil. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 72.75 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 67.50. BRENT Crude Oil Forecast and analysis May 2, 2019 In…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of a strong correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3395. Moving averages indicate the presence of a short-term upward trend for the pair. The quotes test the moving averages area, which is a strong support area. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the area of 1.3375. Further, the rebound and the continuation of the growth of the currency…