Bitcoin Cash BCH/USD are trading at 329.01 and continue to move as part of the growth and the beginning of the development of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $5 866 607 499. Moving averages indicate the presence of a short-term bullish trend on Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for August 1, 2019, we should expect an attempt to continue the decline and a test of the support level near the 315.00 area. Where can we again expect a rebound and continued growth of the digital…
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 in the correction and the upward channel. At the time of publication of the forecast, the index is trading at the level of 27188. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 26705. Where is the rebound expected and the continuation of the fall of the Dow Jones stock index quotations to the area below 27735. Dow Jones Index Forecast and Analysis August 1, 2019 In favor of the growth of quotations of the stock index on…
Currency pair Euro/Dollar EUR/USD continues to move as part of a decline and a downward 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 1.1145. 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. A potential goal of such a movement is the area below the level of 1.1025. EUR/USD Forecast Euro Dollar July 31, 2019…
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 1.2176. 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 1.2265. 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 Forex forecast for July…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in frames of the fall. 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 0.6904. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6960. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6765. AUD/USD Forecast Australian Dollar July 31, 2019 In favor of reducing the pair AUD/USD will test the downward resistance…
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 108.52. Moving averages indicate a short-term bearish trend for the pair. As part of the forecast of the Japanese Yen rate for July 31, 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 to the area…
Brent continue to move in the correction. At the time of the publication of the forecast, the price of BRENT oil is $ 63.99 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 64.35 dollars per barrel. Further, the continuation of the fall in the rate of oil in the region below the level of 60.05. BRENT Crude Oil Forecast and analysis July 31, 2019 In favor of reducing the quotations and prices of oil BRENT will test the…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in growth. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3177. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3115. Further, the rebound and the continued growth of the currency pair. The potential target of such a movement of quotes is an area above the level of 1.3225. USD/CAD Forecast Canadian Dollar July 31, 2019 In favor…
GOLD continue to move within the correction and the ascending channel. At the time of the publication of the forecast, the price of GOLD is 1428 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 level of support near the area of 1405. Where should we expect a rebound and continued growth in the price of GOLD with a target above 1480. XAU/USD Forecast and GOLD analysis July 31, 2019 In favor of lifting quotes XAU/USD will test the rising trend line on the indicator…
Silver continue to move through the growth and the rising channel. At the time of the publication of the forecast, the price of Silver is 16.47 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 16.00. Where can we expect a rebound and continued growth in the price of Silver with the goal above the level of 17.25. XAG/USD Forecast Silver and Analysis July 31, 2019 In favor of the growth of XAG/USD quotes, a test of the support…