Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 106.44. 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 104.75. Then the rebound and continued growth of the pair in the region above the level of 109.65. USD/JPY Forecast and Analysis September 2 — 6, 2019 A test of the support line on the relative strength index (RSI) will be in favor 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.
GOLD completes the trading week near the area of 1524. XAU/USD quotes 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 1435. Further, the continuation of the growth in the price of GOLD with a potential target above the level of 1655. GOLD Price Forecast and Analysis September 2 — 6, 2019 In favor of the rise in quotations and GOLD prices in the current trading week September 2 — 6, 2019, a…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6298. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6445. Then, the continuation of the fall of the currency pair with a potential target below the level of 0.5955. NZD/USD Forecast and Analysis September 2 — 6, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on the relative strength index (RSI) will…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9885. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9720. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0285. USD/CHF Forecast and Analysis September 2 — 6, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of the support line on the relative strength index…
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…
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…