GOLD completes the trading week near the area of 1436. Quotes XAU/USD continue to move as part of the growth. 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 1375. Further, the continuation of the growth in the price of Gold with a potential target above the level of 1505. GOLD Price Forecast and Analysis August 5 — 9, 2019 In favor of the rise in quotations and GOLD prices in the current trading week on August 5 — 9, 2019, a test of…
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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 New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6522. 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 0.6655. Then, the continuation of the fall of the currency pair with a potential target below the level of 0.6160. NZD/USD Forecast and Analysis August 5 — 9, 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 0.9851. 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 0.9745. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0275. USD/CHF Forecast and Analysis August 5 — 9, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of the support line on the relative strength index…
Bitcoin BTC/USD ends the trading week at 10499 and continues to move as part of the correction and the upward channel. Moving averages indicate a bullish trend. An important support area is located near the level of 9000. At the moment, we should expect an attempt to correct and test the support area near the level of 9750. 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 14250. Bitcoin Forecast and Analysis August 5 — 9, 2019 In favor of raising BTC/USD quotes…
Ethereum ETH/USD ends the trading week at 217.68 and continues to move as part of the correction 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 195.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 360.00. Ethereum Forecast and Analysis August 5 — 9, 2019 In favor of raising the ETH/USD quotes for the current trading week, August 5 — 9, 2019, a test of the…
Ripple XRP/USD complete the trading week at 0.3127 and continue to move as part of the decline and test of the support area. Moving averages indicate a downward trend. At the moment, we should expect an attempt to reduce and test the area of 0.2665. Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.6850. Ripple Forecast and Analysis August 5 — 9, 2019 In favor of the rise in XRP/USD quotes in the current trading week, August 5 — 9, 2019, a test of the ascending trend line…
Litecoin LTC/USD ends the trading week at 96.38 and continues to move as part of the correction. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue the correction and test the support area near the level of 80.05. Where again we should expect a rebound and an attempt to continue growth in Litecoin with a potential target above the level of 170.00. Litecoin Forecast and Analysis August 5 — 9, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading week on August 5 — 9, 2019…
Bitcoin Cash ends the trading week at 328.94 and continues to move as part of the decline and the rising channel. Moving averages indicate a lateral 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 support area near the level of 215.00. Where again, a rebound is expected and an attempt to continue the growth of Bitcoin Cash with a potential target above the level of 545.00. Bitcoin Cash Forecast and Analysis August 5 — 9, 2019 An additional signal in favor of the…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of a strong fall. Moving averages indicate a short-term bearish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1032. At the moment, we should expect an attempt to grow and test the upper boundary of the bearish channel near the area of 1.1080. 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 1.0915. EUR/USD Forecast Euro Dollar August 2, 2019 In favor of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2112. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to raise the course and test the resistance area near the level of 1.2165. 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 the Forex forecast…