BCH/USD are trading at 307.61 and continue to move as part of the growth and the beginning of the development of the «Head and Shoulders» reversal pattern. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 572 467 542. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for September 10, 2019, we should expect an attempt to correct and test the support level near the area of 297.50. Where again we should expect a rebound and continued growth of the digital asset…
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.
Stock index Dow Jones continue to move in the framework of growth and the rising channel. At the time of the publication of the forecast, the index is trading at 26860. Moving averages indicate the presence of a bullish trend in the index. At the moment, we should expect an attempt to correct the quotes and test the support level near the area of 26375. Further, a rebound and continued growth of quotations of the Dow Jones stock index is expected to go above 28765. Dow Jones Index Forecast and Analysis September 10, 2019 In favor of the growth of…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1028. The pair continues to move as part of the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1175. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. A potential reduction target is the area below the level of 1.0705. EUR/USD Forecast and Analysis September 9 — 13, 2019 In favor of the fall of the EUR/USD currency pair at…
BRENT complete the trading week near the area of 60.03 dollars per barrel. And it continues to move within the correction and the downward channel. Moving averages indicate a downward trend. At the moment, we should expect an attempt to rise and test the resistance area near the level of 63.10. Then, the continuation of the fall in oil to the area below the level of 48.45 dollars per barrel. BRENT oil Forecast and Analysis September 9 — 13, 2019 An additional signal in favor of reducing oil quotes this week will be a test of the resistance line on…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2294. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At this, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.2445. Further, the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1575. GBP/USD Forecast and Analysis September 9 — 13, 2019 In favor of the fall of the British Pound, a test of the downward resistance line on the relative…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 68.81 Rubles per US Dollar. The pair continues to move within the correction and the upward channel. Moving averages indicate a bullish trend. In the current trading week September 9 — 13, 2019 we should expect a decrease and a test of the support area near the level of 63.95. Where can we expect a rebound and continued growth of the dollar above the level of 71.25. USD/RUB Forecast and Analysis September 9 — 13, 2019 In favor of the rise of the Dollar/Ruble…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6836. The pair continues to move as part of the decline and the bearish channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 0.6915. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6365. AUD/USD Forecast and Analysis September 9 — 13, 2019 In favor of the fall of the pair on FOREX, a test of the downward…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3227. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3155. Then continued growth of quotations with a target above the level of 1.3945. USD/CAD Forecast and Analysis September 9 — 13, 2019 In favor of the rise of the USD/CAD currency pair, a test of the support line on the relative strength index (RSI) will…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 107.00. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 104.85. Then a rebound and continued growth of the pair to the area above the level of 111.90. USD/JPY Forecast and Analysis September 9 — 13, 2019 A test of the support line on the relative strength index (RSI) will be in favor of…
GOLD completes the trading week near the area of 1507. Quotes XAU/USD continue to move as part of the growth and upward channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1440. Further, the continuation of the growth in the price of GOLD with a potential target above the level of 1675. GOLD Price Forecast and Analysis September 9 — 13, 2019 In favor of the rise in quotations and GOLD prices in the current trading week September 9 — 13, 2019, a…