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 19.36 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to correct the metal and test the support level near the area of 18.95. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 20.15. XAG/USD Forecast Silver and Analysis September 5, 2019 In favor of the growth of XAG/USD quotes, a test of the rising support line on…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline 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 Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6345. At the moment, we should expect an attempt to develop correction and test the resistance level near the area of 0.6365. Further, within the framework of the forecast and Forex analysis for tomorrow, an attempt is expected to continue the…
Currency pair Dollar Franc USD/CHF continues to move as part of the upturn and the formation of the «Wolfe Wave» downward pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9843. 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 area near the level of 0.9885. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a target below 0.9645. USD/CHF Forecast Dollar Franc September 5, 2019…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the rise and the bull channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 66.14. Moving averages indicate an uptrend. As part of the USD/RUB forecast for tomorrow, September 5, 2019, we should expect an attempt to reduce and test the support level near the area of 64.85 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 69.45. USD/RUB Forecast Russian Ruble September…
BTC/USD are trading at 10400 and continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $187 586 517 470. Moving averages indicate a bearish trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, September 5, 2019, we should expect an attempt to continue to fall and test the support level near the area of 9645. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a…
ETH/USD are trading at 173.44 and continue to move as part of the correction and the bearish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $19 064 275 199. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of 190.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 120.05. Ethereum Forecast and ETH/USD Analysis September…
LTC/USD are trading at 66.10 and continue to move as part of the decline and the bearish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 265 136 738. Moving averages indicate the presence of a short-term bearish trend in Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 72.25. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 45.05. Litecoin Forecast and LTC/USD Analysis September 5, 2019 In…
XRP/USD are trading at 0.2543 and continue to move as part of the decline and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 154 355 510. Moving averages indicate the presence of a short-term downward trend for Ripple. At the moment, we should expect an attempt to correct the course of the digital asset and test the resistance level near the 0.2570 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2310. Ripple Forecast and XRP/USD Analysis September 5, 2019 In…
BCH/USD are trading at 292.34 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 $5 307 370 373. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for September 5, 2019, one should expect an attempt to increase slightly and test the resistance level near the area of 305.00. Where again we should expect a rebound and continued fall of the Bitcoin Cash digital asset with a potential target below the…
Stock index Dow Jones continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 26322. Moving averages indicate a bearish trend on the index. At the moment, we should expect an attempt to upward correction of quotes and a test of the resistance level near the area of 26385. Further, a rebound and a continued decline in the quotes of the Dow Jones stock index in the region below the level of 24745 is expected. Dow Jones Index Forecast and Analysis September 5, 2019…