BCH/USD are trading at 289.60 and continue to move as part of the decline and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 069 529 475. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 30, 2019, one should expect an attempt to increase slightly and test the resistance level near the area of 290.55. Where again we should expect a rebound and the continued fall of the digital asset Bitcoin Cash with a potential target below…
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 as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the index is trading at 26301. Moving averages indicate a bearish trend on the index. At the moment, we should expect an attempt to develop a bullish correction of quotes and a test of the resistance level near the area of 26450. Here is the upper border of the «Triangle» model. Further, a rebound is expected and a continued fall in the quotes of the Dow Jones stock index to the area…
Currency pair Euro/Dollar EURUSD continues to move as part of the correction and the downward 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 1.1079. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1115. 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 1.0975. EUR/USD Forecast Euro Dollar August 29, 2019 An additional signal in favor…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. Quotes showed a rebound from the upper border of the channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2206. 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 1.2305. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The purpose of the downward…
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 0.6742. 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 0.6605. AUD/USD Forecast Australian Dollar August 29, 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 105.85. 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 29, 2019, we should expect an attempt to grow and test the resistance area near the level of 106.65. Further, the rebound and continued growth of the pair USD/JPY to the…
Brent continue to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 60.21 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 60.75 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.05. BRENT Crude Oil Forecast and analysis August 29, 2019 In favor of lower quotes…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3298. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3315. Further, a rebound and continued decline in the currency pair. The potential target of this movement of quotes is the area below the level of…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Gold is 1536 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1515. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1615. XAU/USD Forecast and GOLD analysis August 29, 2019 In favor of raising the XAU/USD quotes, a test of the rising…
Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 18.23 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce metal and test the support level near the area of 17.75. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.10. XAG/USD Forecast Silver and Analysis August 29, 2019 In favor of the growth of XAG/USD quotes, a test of the rising support line…