Bitcoin BTC/USD ends the trading week at 9507 and continues to move as part of the correction. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 8450. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 13650. Bitcoin Forecast and Analysis September 2 — 6, 2019 In favor of raising BTC/USD quotes in the current trading week September 2 — 6, 2019, a test of…
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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.
Ethereum ETH/USD closes the trading week at 189.58 and continues to move as part of the decline and the formation of the bullish «Wolfe Wave» pattern. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and test the support level near the area of 130.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 255.00. Ethereum Forecast and Analysis September 2 — 6, 2019 In favor of raising the ETH/USD quotes for the current trading week September 2 — 6,…
Ripple XRP/USD end the trading week at 0.2512 and continue to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to rise and test the resistance area near 0.3115. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1495. Ripple Forecast and Analysis September 2 — 6, 2019 In favor of reducing the XRP/USD quotes in the current trading week September 2 — 6, 2019, a test of the downward trend line on the relative strength index (RSI)…
Litecoin LTC/USD ends the trading week at 62.64 and continues to move as part of the decline. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 75.00. Where again we should expect a rebound and an attempt to continue the decline in Litecoin with a potential target below the level of 27.55. Litecoin Forecast and Analysis September 2 — 6, 2019 An additional signal in favor of a drop in LTC/USD quotes in the current trading week September 2 — 6, 2019 will be…
Bitcoin Cash ends the trading week at 277.44 and continues to move as part of the decline and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a bearish trend. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to correct and test the resistance area near the level of 305.00. Where again, a rebound is expected and an attempt to continue the fall of Bitcoin Cash with a potential target below 110.00. Bitcoin Cash Forecast and Analysis September 2 — 6, 2019 An additional signal in…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the bearish channel. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1071. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1105 area. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0965. EUR/USD Forecast Euro Dollar August 30, 2019 An additional signal in favor…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the bearish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2199. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to the next course growth and test the resistance area near the level of 1.2255. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The target of the downward movement of the currency pair, in the framework of the FOREX…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Triangle» model. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6748. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6755. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6615. AUD/USD Forecast Australian Dollar August 30, 2019 In favor of reducing the pair AUD/USD, a test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.22. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast of the Japanese Yen rate on August 30, 2019, we should expect an attempt to grow and test the resistance area near the level of 106.45. Further, the rebound and continued growth of the USD/JPY pair to the…
Brent continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 60.03 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 62.05 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.65. Brent Crude Oil Forecast and analysis August 30, 2019 In favor of lower quotes and Brent oil…