Bitcoin Cash BCH/USD are trading at 310.99 and continue to move as part of an upward correction. Cryptocurrency capitalization at the time of the publication of the forecast is $5 583 994 838. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 27, 2019, one should expect an attempt to continue growth and test the resistance level near the area of 325.00. Where again we should expect a rebound and continued fall of the Bitcoin Cash digital asset with a potential target below the level of 215.00.…
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 25842. Moving averages indicate a bearish trend in the index. At the moment, we should expect an attempt to increase the index quotes and test the resistance level near the area of 26035. Where is the rebound expected and the continuation of the fall of the Dow Jones stock index quotes in the region below the level of 24345. Dow Jones Index Forecast and Analysis August 27,…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1145. 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 grow and test the resistance area near the level of 1.1275. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the decline is the area below the level of 1.0745. EUR/USD Forecast and Analysis August 26 — 30, 2019 In favor of the fall of the EUR/USD currency…
BRENT complete the trading week near the area of 58.41 dollars per barrel. And it continues to move as part of the decline. 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 60.15. Then, the continuation of the fall in oil to the area below the level of 47.35 dollars per barrel. BRENT oil Forecast and Analysis August 26 — 30, 2019 An additional signal in favor of reducing oil quotes this week will be a test of the resistance line on the relative…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2229. The pair continues to move within the correction and the bearish 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 1.2365. Further, the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1475. GBP/USD Forecast and Analysis August 26 — 30, 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 65.93 Rubles per US Dollar. The pair continues to move in the framework of growth and the rising channel. Moving averages indicate a bullish trend. In the current trading week August 26 — 30, 2019, we should expect a decrease and a test of the support area near the level of 63.45. Where can we expect a rebound and continued growth of the Dollar above the level of 70.45. USD/RUB Forecast and Analysis August 26 — 30, 2019 In favor of the rise of…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6741. 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 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 0.6420. AUD/USD Forecast and Analysis August 26 — 30, 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 1.3319. The pair continues to move in the framework of growth and the rising 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 1.3765. USD/CAD Forecast and Analysis August 26 — 30, 2019 In favor of the rise of the USD/CAD currency pair, a test of the support line on the relative strength index…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 106.47. The pair continues to move within the correction and the bearish 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 104.65. Then the rebound and continued growth of the pair in the region above the level of 109.75. USD/JPY Forecast and Analysis August 26 — 30, 2019 A test of the support line on the relative strength index (RSI) will be in favor of…
GOLD closes the trading week near the area of 1502. 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 1420. Further, the continuation of the growth of the price of GOLD with a potential target above the level of 1625. GOLD Price Forecast and Analysis August 26 — 30, 2019 In favor of the rise in quotations and GOLD prices in the current trading week from August 26 to 30, 2019,…