Ethereum ETH/USD are trading at 211.76 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 $22 895 613 545. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to fall and test the support level near the area of 200.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above 265.00. Ethereum Forecast and ETH/USD Analysis August 2, 2019 An additional…
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.
Litecoin LTC/USD are trading at 96.02 and continue to move as part of a slight increase. Cryptocurrency capitalization at the time of the publication of the forecast is $6 091 264 171. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 88.00. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above 120.00. Litecoin Forecast and LTC/USD Analysis August 2, 2019 In favor of the growth of LTC/USD quotes,…
Ripple XRP/USD are trading at 0.3116 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 $13 532 811 055. 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 0.3210 area. Further, the continued fall of the cryptocurrency into the region below the level of 0.2390 as part of the start of the development of the «Triangle» model.…
Bitcoin Cash BCH/USD are trading at 321.07 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 $5 781 982 129. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 2, 2019, one should expect an attempt to continue to decline and test the support level near the area of 305.00. Where again we should expect a rebound and continued growth of the digital asset Bitcoin Cash with a…
Stock index Dow Jones continue to move as part of the fall and the start of development of the «Triangle» model. At the time of the publication of the forecast, the index is trading at 26862. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to raise quotes and test the resistance level near the area of 27055. From where the rebound is expected and the fall of quotations of the Dow Jones exchange index to the area below the level of 26455. Dow Jones Index Forecast and Analysis August 2, 2019 In favor of…
Currency pair Euro/Dollar EUR/USD continues to move through a slight decline and a bearish channel. Moving averages indicate a short-term downward trend in the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1129. At the moment, we should expect an attempt to grow and test the upper boundary of the downward channel near the area of 1.1185. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential target of such a movement is the area below the level 1.1015. EUR/USD Forecast Euro Dollar August 1, 2019 In favor…
Currency pair Pound/Dollar GBP/USD continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the pound rate to the US Dollar at Forex is 1.2219. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2285. Where again we should expect a rebound and the continuation of the 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the fall and the formation of the bearish model «5-0». Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to the US dollar is 0.6885. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6935. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6795. AUD/USD Forecast Australian Dollar August 1, 2019 In favor of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within 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 108.60. Moving averages indicate a short-term bearish trend for the pair. As part of the forecast of the Japanese Yen rate on August 1, 2019, we should expect an attempt to grow and test the resistance area near the level of 108.95. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area…
Brent continue to move in an upward correction. At the time of the publication of the forecast, the price of BRENT oil is $ 64.90 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 $ 65.25 per barrel. Further, the continuation of the fall in the rate of oil in the area below the level of 59.55. BRENT Crude Oil Forecast and analysis August 1, 2019 In favor of reducing the quotations and prices of oil BRENT will test…