Bitcoin Cash BCH/USD are trading at 321.10 and continue to move as part of the correction. The cryptocurrency capitalization at the time of the publication of the forecast is $5 702 127 748. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 21, 2019, one should expect an attempt to grow and test the resistance level near the area of 340.00. 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 and the formation of a large head and shoulders reversal pattern. At the time of the publication of the forecast, the index is trading at 26116. Moving averages indicate a downward trend in the index. At the moment, we should expect an attempt to increase the index quotes and test the resistance level near the area of 26265. From where the rebound is expected and the quotes of the Dow Jones exchange index to continue to fall below 24375. Dow Jones Index Forecast and Analysis August 21, 2019…
Provided by EagleFX Metals Down While Gold, Oil, & Natural Gas Show Weakness Precious metals including gold and silver were trading down on Friday as standard market traders locked in profits in advance of the weekend market closures. Nevertheless, both metals managed to close out the week with modest gains. Last week was nothing short of wild, and many traders are still trying to catch their breath after a roller coaster ride of ups and downs. After a number of tweets coming from U.S. President Donald Trump, China and the United States claims exchanges, the strong movements of the USD/CNY…
Currency pair Euro/Dollar EURUSD continues to move as part of the decline and the formation of the «Triangle» model. 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 1.1108. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1165. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0950. EUR/USD Forecast Euro Dollar August 20, 2019 An additional…
Currency pair Pound/Dollar GBP/USD continues to move as part of the upward correction and the downward channel. At the time of the publication of the forecast, the British Pound to the US Dollar at FOREX is 1.2129. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the rate 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 the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the Triangle model. 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 0.6772. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6795. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6605. AUD/USD Forecast Australian Dollar August 20, 2019 In favor of reducing the pair AUD/USD, a test…
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 106.61. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast for the Japanese Yen rate on August 20, 2019, we should expect an attempt to reduce and test the support area near the level of 105.95. Further, the rebound and continued growth of the USD/JPY pair to the…
Brent continue to move as part of the decline and the downward channel. At the time of the publication of the forecast, the price of BRENT oil is $ 59.23 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 59.85 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 51.75. BRENT Crude Oil Forecast and analysis August 20, 2019 In favor of reducing quotes and BRENT oil prices,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3264. 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 1.3235. 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 1.3555. USD/CAD Forecast Canadian…
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 1499 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 1480. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1590. XAU/USD Forecast and GOLD analysis August 20, 2019 In favor of raising the XAU/USD quotes, a test of the rising…