Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 105.85. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast of the Japanese Yen rate on August 29, 2019, we should expect an attempt to grow and test the resistance area near the level of 106.65. Further, the rebound and continued growth of the pair USD/JPY to the…
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.
Brent 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 price of Brent crude oil is $ 60.21 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 60.75 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.05. BRENT Crude Oil Forecast and analysis August 29, 2019 In favor of lower quotes…
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 1.3298. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3315. Further, a rebound and continued decline in the currency pair. The potential target of this movement of quotes is the area below 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 1536 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 1515. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1615. XAU/USD Forecast and GOLD analysis August 29, 2019 In favor of raising the XAU/USD quotes, a test of the rising…
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 18.23 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce metal and test the support level near the area of 17.75. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.10. XAG/USD Forecast Silver and Analysis August 29, 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 correction. 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 0.6337. At the moment, we should expect an attempt to develop the upward movement and a test of the resistance level near the area of 0.6425. Further, within the framework of the forecast and Forex analysis for tomorrow, an attempt is expected to continue the…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Head and Shoulders» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9815. 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 0.9855. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a target below 0.9575. USD/CHF Forecast Dollar Franc August 29,…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 66.72. Moving averages indicate a bullish trend. As part of the USD/RUB forecast for tomorrow, August 29, 2019, we should expect an attempt to lower and test the support level near the area of 65.65 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the region above the level of 68.45. USD/RUB Forecast…
BTC/USD are trading at 9652 and continue to move as part of the reduction and development of the «Triangle» model. Bitcoin’s cryptocurrency capitalization at the time of the publication of the forecast is $174 620 545 665. Moving averages indicate a bearish trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, August 29, 2019, we should expect an attempt to grow and test the resistance level near the area of 9855. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below the area of 8405.…
ETH/USD are trading at 168.32 and continue to move as part of the start of development of the «Triangle» model. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $18 689 262 506. 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 175.00. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 145.00. Ethereum Forecast and ETH/USD Analysis August 29,…