Bitcoin Cash BCH/USD are trading at 328.22 and continue to move as part of the correction. The cryptocurrency capitalization at the time of the publication of the forecast is $5 943 225 816. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 9, 2019, one should expect an attempt to grow and test the resistance level near the area of 345.00. Where again we should expect a rebound and continued fall of the Bitcoin Cash digital asset with a potential target below the level of 215.00. Bitcoin…
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.
Stock index Dow Jones continue to move as part of the correction. At the time of the publication of the forecast, the index is trading at 26228. Moving averages indicate a downward trend. At the moment, we should expect an attempt to increase the index quotes and test the resistance level near the area of 26665. Where is the rebound expected and the fall of the Dow Jones stock index quotes to continue to fall below 24365. Do not exclude the attempt to form a «Head and Shoulders» reversal pattern. Dow Jones Index Forecast and Analysis August 9, 2019 In…
Currency pair Euro/Dollar EURUSD continues to move as part of the upward correction and the downward 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 1.1222. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1240. Further, a rebound and the beginning of a decline in 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 8, 2019 An…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US dollar at FOREX is 1.2154. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to correct the course and test the resistance area near the level of 1.2185. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The target of the downward movement of the currency pair, in the framework of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6747. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6805. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6595. AUD/USD Forecast Australian Dollar August 8, 2019 In favor of reducing the pair AUD/USD, a test of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong decline 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 Japanese Yen is 106.56. 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 8, 2019, we should expect an attempt to develop a correction and test the resistance area near the level of 106.20. Further, the rebound and continued fall…
Brent continue to move in the framework of a strong fall. At the time of the publication of the forecast, the price of BRENT oil is $ 57.10 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 59.45 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.65. BRENT Crude Oil Forecast and analysis August 8, 2019 In favor of rising quotes and BRENT oil prices, a test…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the growth and downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3309. 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 1.3235. 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 1.3485. USD/CAD…
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 1,501 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 1450 area. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1585. XAU/USD Forecast and GOLD analysis August 8, 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 16.99 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce the asset and test the support level near the area of 16.70. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 17.45. XAG/USD Forecast Silver and Analysis August 8, 2019 In favor of the growth of XAG/USD quotes, a test of the support line…