Bitcoin Cash ends the trading week at 311.72 and continues to move through the decline and the upward channel. Moving averages indicate a flat trend. As part of the BCH/USD exchange rate forecast for the next trading week, we can expect an attempt at a correction and a test of the support area near the level of 205.00. From where again, a rebound is expected and an attempt to continue to grow Bitcoin Cash with a potential target above the level of 525.00. Bitcoin Cash Forecast and Analysis July 29 — August 2, 2019 An additional signal in favor of…
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.
Being young might make you feel that the world is endless. You are free to do whatever you want, and you don’t have to worry about paying bills and mortgages. But in this day and age, that is not the case. You should lay a stable foundation for a smooth sailing financial future, especially in Australia, where the economy is one of the freest in the world. That said, here are the reasons why young Australians should invest early: More Time for Investments to Grow Once you start investing while you are young, you are giving more chances for your…
Currency pair Euro/Dollar EUR/USD continues to move within the fall and the 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 1.1156. At the moment, we should expect an attempt to grow and test the resistance area near the 1.1205 area. 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 July 26, 2019 The downward resistance test on the relative strength…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of a reversal pattern. At the time of the publication of the forecast, the pound rate to the US Dollar at Forex is 1.2493. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 1.2455. Where can we again expect a rebound and continued growth of the British Pound against the US Dollar. The target of the upward movement of the currency pair, in the framework of the Forex…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction and the upward channel. Moving averages indicate a short-term bullish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar is 0.6960. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6920. Further, the rebound from the level of support and the continuation of growth of quotations in the area above 0.7035. AUD/USD Forecast Australian Dollar July 26, 2019 In favor of the growth of the pair AUD/USD will test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction. At the time of the publication of the forecast, the exchange rate of the US dollar to the Japanese Yen is 108.54. Moving averages indicate a short-term bearish trend for the pair. As part of the forecast of the Japanese Yen rate for July 26, 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 decline of the pair USD/JPY to the area below the…
Brent continue to move as part of a bullish correction. At the time of the publication of the forecast, the price of BRENT oil is $ 63.73 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 64.25 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 26, 2019 In favor of reducing the quotations and prices of oil BRENT…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3132. 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 1.3110. Further, the rebound and the continued growth of the currency pair. A potential target of such a movement of quotes is an area above the level of 1.3235. USD/CAD Forecast Canadian Dollar July 26, 2019 In favor of the…
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 1418 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 1395. Where can we expect a rebound and the continuation of the growth in the price of Gold with the goal above the level of 1470. XAU/USD Forecast and GOLD analysis July 26, 2019 In favor of lifting quotes XAU/USD will test the rising…
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 16.46 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 16.05. Where can we expect a rebound and continued growth in the price of Silver with the goal above the level of 17.45. XAG/USD Forecast Silver and Analysis July 26, 2019 In favor of the growth of XAG/USD quotes, a test of the support…