Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3241. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3215. 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 1.3475.…
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.
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 1497 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 1465. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1575. XAU/USD Forecast and GOLD analysis August 9, 2019 In favor of raising the XAU/USD quotes, a test of the support line…
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 16.94 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the area of 16.45. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 17.85. XAG/USD Forecast Silver and Analysis August 9, 2019 In favor of the growth of XAG/USD quotes, a test of the support line…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the upward correction and the formation of the «5-0» model. Moving averages indicate the presence of a short-term downtrend 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 0.6481. At the moment, we should expect an attempt to grow the pair and test the resistance level near the area of 0.6535. Further, within the framework of the forecast and FOREX analysis, an attempt is expected to…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the bear channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9753. 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 0.9760. Then, a rebound and the beginning of the depreciation of the US Dollar against the Swiss Franc with a target below 0.9625. USD/CHF Forecast Dollar Franc August 9, 2019…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.09. Moving averages indicate a bearish trend. As part of the USD/RUB forecast for tomorrow, August 9, 2019, we should expect an attempt to reduce and test the support level near the area of 64.05 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 66.55. USD/RUB Forecast Russian Ruble August 9, 2019 In…
Bitcoin BTC/USD are trading at 11694 and continue to move as part of the growth and downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $209 722 748 634. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, August 9, 2019, we should expect an attempt to reduce and test the support level near the area of 10750. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area of 14175.…
Ethereum ETH/USD are trading at 219.84 and continue to move as part of the correction and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $23 744 999 670. Moving averages indicate the presence of a short-term downward trend in Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of 220.00. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below 165.00. Ethereum Forecast and ETHUSD Analysis August 9, 2019 An additional signal in…
Litecoin LTC/USD are trading at 87.78 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 $5 643 119 979. 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 95.00. Where again we should expect a rebound and a continued fall in the rate of Litecoin with a potential target below 65.00. Litecoin Forecast and LTCUSD Analysis August 9, 2019…
Ripple XRP/USD are trading at 0.3026 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 $13 184 591 974. Moving averages indicate the presence of a short-term downward trend for Ripple. At the moment, we should expect an attempt to raise the digital asset rate and test the resistance level near the 0.3185 area. Further, the continued fall of the cryptocurrency into the region below the level of 0.2350 as part of the development of the «Triangle» model. Ripple Forecast and…