Bitcoin BTC/USD ends the trading week at the level of 10072 and continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a bullish trend. An important support area is located near the level of 8650. At the moment, we should expect an attempt to correct and test the support area near the level of 9100. 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 14050. Bitcoin Forecast and Analysis August 19 — 23, 2019…
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.
Ethereum ETH/USD ends the trading week at 180.75 and continues to move as part of the decline 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 155.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 245.00. Ethereum Forecast and Analysis August 19 — 23, 2019 In favor of raising the ETH/USD quotes for the current trading week of August 19 — 23, 2019, a test of…
Ripple XRP/USD end the trading week at 0.2564 and continue to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to rise and test the resistance area near 0.2805. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1550. Ripple Forecast and Analysis August 19 — 23, 2019 In favor of reducing the XRPUSD quotes in the current trading week of August 19 — 23, 2019, a test of the downward trend line on the relative strength index…
Litecoin LTC/USD ends the trading week at 73.24 and continues to move as part of the fall. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 80.00. Where again we should expect a rebound and an attempt to continue the decline in Litecoin with a potential target below the level of 30.55. Litecoin Forecast and Analysis August 19 — 23, 2019 An additional signal in favor of a drop in LTCUSD quotes in the current trading week on August 19 — 23, 2019 will…
Bitcoin Cash ends the trading week at 306.85 and continues to move as part of the decline and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a bearish 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 resistance area near the level of 355.00. Where again, a rebound is expected and an attempt to continue the fall of Bitcoin Cash with a potential target below 115.00. Bitcoin Cash Forecast and Analysis August 19 — 23, 2019 An additional signal in…
Currency pair Euro/Dollar EURUSD continues to move as part of the fall. 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 1.1102. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1145. 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 1.0960. EUR/USD Forecast Euro Dollar August 16, 2019 An additional signal in favor of reducing the EUR/USD…
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 1.2108. 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 1.2205. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The purpose 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 0.6775. 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 0.6630. AUD/USD Forecast Australian Dollar August 16, 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 decline and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.19. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast for the Japanese Yen on August 16, 2019, we should expect an attempt to reduce and test the support area near the level of 105.80. Further, the rebound and continued growth of the USD/JPY pair to the area…
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 $ 58.34 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 59.95 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 52.85. BRENT Crude Oil Forecast and analysis August 16, 2019 In favor of reducing quotes and BRENT oil prices,…