Ripple XRP/USD are trading at 0.3081 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $13 334 567 687. Moving averages indicate a short-term downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3345. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2425. Ripple Forecast and XRP/USD Analysis July 24, 2019 In favor of reducing the XRP/USD quotes, a test of the downward trend line on the…
Author: forex24pro
Bitcoin Cash BCH/USD are trading at 300.89 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 391 308 976. Sliding averages indicate a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 24, 2019, we should expect an attempt to continue growth and test the resistance level near the 330.00 area. Where can we expect a rebound again and the continuation of the fall of Bitcoin Cash digital asset with a potential target below the level of 185.00. Bitcoin Cash…
Stock index Dow Jones continue to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the index is trading at 27272. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 27175. Where the rebound is expected from and the fall of the Dow Jones stock index quotes to the area below the level of 27845 is expected. Dow Jones Index Forecast and Analysis July 24, 2019 In favor of the growth…
Currency pair Euro/Dollar EUR/USD continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term side trend for the pair. At the time of the publication of the forecast, the Euro/Dollar exchange rate is 1.1215. At the moment, we should expect an attempt to continue growth and test the resistance area near the area of 1.1265. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential target of such a movement and the beginning of the development of the «Triangle» model…
Currency pair Pound/Dollar GBP/USD continues to move within the correction and the downward channel. At the time of the publication of the forecast, the pound rate to the US Dollar at Forex is 1.2482. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to fall and test the support area near the level of 1.2405. Where can we again expect a rebound and continued growth of the British Pound against the US Dollar. The aim of the upward movement of the currency pair, in the framework of the Forex forecast for July 23, 2019,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward correction and the formation of the downward pattern «Wolfe Wave». Moving averages indicate a short-term bullish trend. At the time of the publication of the forecast, the Australian Dollar to US dollar rate is 0.7043. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7075. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6835. AUD/USD Forecast Australian Dollar July 23, 2019 In…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of the decline. At the time of the publication of the forecast, the exchange rate of the US dollar to the Japanese Yen is 107.91. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for July 23, 2019, we should expect an attempt to grow and test the resistance area near the level of 108.75. Further, the rebound and the continuation of the USD/JPY pair decline to the area below the level…
Brent continue to move within the decline and the bearish channel. At the time of publication of the forecast, the price of BRENT oil is $ 62.99 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 64.85 dollars per barrel. Further, the continuation of the fall in the rate of oil in the area below the level of 57.10. BRENT Crude Oil Forecast and analysis July 23, 2019 In favor of reducing the quotations and prices of oil BRENT…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and the downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3107. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to fall and a test of the support level near the area of 1.3065. 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 1.3215. USD/CAD Forecast…
GOLD continue to move as part of the growth and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of Gold is 1426 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 1415. Where can we expect a rebound and continued growth in the price of GOLD with the target above the level of 1465. XAU/USD Forecast and GOLD analysis July 23, 2019 In favor of lifting quotes…