Bitcoin Cash ends the trading week at 525.51 and continues to move as part of the rise and the start of the ”Wedge” pattern. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the coin’s sellers and a potential continuation of the fall. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to fall in the value of a digital asset and a test of the support area near the level of 405.05. From where a rebound is expected again and…
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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.
Silver ends the trading week near the 25.46 area. Quotes continue to move within the correction. Here the large “Triangle” pattern continues to form, buyers have not yet been able to break through the upper border of this model, and even prices went to test the lower border of the pattern. Moving averages indicate a bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from metal buyers and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a minor correction in the…
Currency pair Euro/Dollar EUR/USD continues to move as part of the bullish correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall in quotations from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1883. As part of the Forex forecast for July 30, 2021, we should expect an attempt to develop a slight bullish correction and a test of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the rise and the bullish channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3967. Moving averages indicate a short-term bullish trend. Prices broke up the area between the signal lines, which indicates pressure from the sellers of the currency pair and the potential continuation of the fall of the instrument. At the moment, we should expect an attempt to correct the British Pound against the US Dollar and test the support area near the level of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the bullish correction and the downward channel. Moving averages indicate a short-term bearish trend. Prices are again testing the areas between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7392. At the moment, we should expect an attempt to develop a rise and…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the formation of an inverted “Head and Shoulders” pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 109.79. Moving averages indicate a short-term bearish trend for the pair. The prices have broken the area between the signal lines downward, which indicates pressure from the sellers of the US Dollar and a potential continuation of the rise in prices from the current levels. As part of the forecast for…
Brent continue to move within the framework of the rise. At the time of the publication of the forecast, the price of Brent crude oil is $ 74.23 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken the area between the signal lines up, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop a decline and a test of the support level near the area of $ 73.05…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and left the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2467. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1.2505…
GOLD continue to move as part of the correction and the formation of the ”Triangle” pattern. At the time of the publication of the forecast, the price of GOLD is 1807 Dollars per Troy Oz. Moving averages indicate the presence of a short-term bearish trend. Prices have broken the area between the signal lines upward, indicating pressure from the buyers of the asset and the potential continued growth from the current levels.At the moment, we should expect an attempt to develop a decline and test the support level near the 1805 area. Where can we expect a rebound and continued…
Silver continues to move as part of the fall and the beginning of the “Wedge” pattern. At the time of the publication of the forecast, Silver prices are at 25.49. Moving averages indicate a bearish trend. Prices broke the area between the signal lines down, indicating pressure from the outside sellers of the asset and a potential continuation of the fall in value already from the current levels.At the moment, we should expect an attempt to develop a decline in the value of the metal and a test of the support level near the 25.05 area. XAG/USD Forecast Silver and…