The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3297. 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 1.3145. Then continued growth of quotations with a target above the level of 1.3745. USD/CAD Forecast and Analysis August 19 — 23, 2019 In favor of the rise of the USD/CAD currency pair, a test of the support line on the relative strength index…
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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.
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 106.37. The pair continues to move within the fall 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 104.75. Then the rebound and continued growth of the pair in the region above the level of 110.55. USD/JPY Forecast and Analysis August 19 — 23, 2019 A test of the support line on the relative strength index (RSI) will be in favor of…
GOLD completes the trading week near the area of 1505. 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 1425. Further, the continuation of the growth of the price of GOLD with a potential target above the level of 1635. GOLD Price Forecast and Analysis August 19 — 23, 2019 In favor of the rise in quotations and GOLD prices in the current trading week on August 19 — 23, 2019,…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6424. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6545. Then the continuation of the fall of the currency pair with a potential target below the level of 0.6065. NZD/USD Forecast and Analysis August 19 — 23, 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)…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9793. The pair continues to move within the correction and the upward 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 0.9685. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0100. USD/CHF Forecast and Analysis August 19 — 23, 2019 In favor of the rise of the Dollar Franc currency pair, a test of the support line on the relative strength…
Bitcoin BTC/USD ends the trading week at the level of 10072 and continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a bullish trend. An important support area is located near the level of 8650. At the moment, we should expect an attempt to correct and test the support area near the level of 9100. 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 14050. Bitcoin Forecast and Analysis August 19 — 23, 2019…
Ethereum ETH/USD ends the trading week at 180.75 and continues to move as part of the decline and the rising channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to fall and test the support level near the area of 155.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 245.00. Ethereum Forecast and Analysis August 19 — 23, 2019 In favor of raising the ETH/USD quotes for the current trading week of August 19 — 23, 2019, a test of…
Ripple XRP/USD end the trading week at 0.2564 and continue 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 0.2805. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1550. Ripple Forecast and Analysis August 19 — 23, 2019 In favor of reducing the XRPUSD quotes in the current trading week of August 19 — 23, 2019, a test of the downward trend line on the relative strength index…
Litecoin LTC/USD ends the trading week at 73.24 and continues to move as part of the fall. 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 80.00. Where again we should expect a rebound and an attempt to continue the decline in Litecoin with a potential target below the level of 30.55. Litecoin Forecast and Analysis August 19 — 23, 2019 An additional signal in favor of a drop in LTCUSD quotes in the current trading week on August 19 — 23, 2019 will…
Bitcoin Cash ends the trading week at 306.85 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 355.00. Where again, a rebound is expected and an attempt to continue the fall of Bitcoin Cash with a potential target below 115.00. Bitcoin Cash Forecast and Analysis August 19 — 23, 2019 An additional signal in…