Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.53. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast for the Japanese Yen on August 23, 2019, we should expect an attempt to reduce and test the support area near the level of 105.85. Further, the rebound and continued growth of the…
Author: forex24pro
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 oil is $ 60.31 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 60.65 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 52.95. BRENT Crude Oil Forecast and analysis August 23, 2019 In favor of reducing quotes and BRENT oil prices,…
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 1.3283. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3255. Further, the rebound and continued growth of the currency pair. The potential target of this movement of quotes is the area above 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 1495 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 1485. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1590. XAU/USD Forecast and GOLD analysis August 23, 2019 In favor of raising the XAU/USD quotes, a test of the rising…
Silver continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Silver is $ 17.01. 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 16.65. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 18.25. XAG/USD Forecast Silver and Analysis August 23, 2019 In favor of the growth of XAG/USD quotes, a test of the rising support line…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall. 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 0.6374. At the moment, we should expect an attempt to develop the upward movement and test the resistance level near the area of 0.6445. Further, within the framework of the forecast and Forex analysis, an attempt is expected to continue the fall of the currency…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the bearish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9840. Moving averages indicate the presence of a short-term downtrend for the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9850. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a target below 0.9565. USD/CHF Forecast Dollar Franc August 23, 2019 In favor of…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.57. Moving averages indicate a bullish trend. As part of the USD/RUB forecast for tomorrow, August 23, 2019, we should expect an attempt to reduce and test the support level near the area of 64.80 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the region above the level of 68.55. USD/RUB Forecast Russian Ruble August 23, 2019 In…
Bitcoin are trading at 10028 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $181 566 620 227. Moving averages indicate the presence of a lateral trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, August 23, 2019, we should expect an attempt to decrease and test the support level near the area of 9655. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the…
Ethereum are trading at 186.22 and continue to move as part of the fall. Cryptocurrency capitalization at the time of the publication of the forecast is $20 369 073 265. 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 200.00. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below 135.00. Ethereum Forecast and ETHUSD Analysis August 23, 2019 An additional signal in favor of falling ETHUSD quotes…