Bitcoin Cash ends the trading week at 328.94 and continues to move as part of the decline and the rising channel. Moving averages indicate a lateral 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 support area near the level of 215.00. Where again, a rebound is expected and an attempt to continue the growth of Bitcoin Cash with a potential target above the level of 545.00. Bitcoin Cash Forecast and Analysis August 5 — 9, 2019 An additional signal in favor of the…
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.
Currency pair Euro/Dollar EUR/USD continues to move in the framework of a strong fall. Moving averages indicate a short-term bearish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1032. At the moment, we should expect an attempt to grow and test the upper boundary of the bearish channel near the area of 1.1080. Further, a rebound and the beginning of a decline in the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0915. EUR/USD Forecast Euro Dollar August 2, 2019 In favor of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2112. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to raise the course and test the resistance area near the level of 1.2165. 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 Forex forecast…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. 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 0.6843. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6865. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6745. AUD/USD Forecast Australian Dollar August 2, 2019 In favor of reducing the pair AUD/USD, the formation of the…
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 109.12. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast for the Japanese Yen on August 2, 2019, we should expect an attempt to reduce and test the support area near the level of 108.75. Further, the rebound and continued growth of the pair USD/JPY to the area above the level of…
Brent continue to move as part of an upward correction. At the time of the publication of the forecast, the price of BRENT oil is $ 64.36 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 66.75 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 59.45. BRENT Crude Oil Forecast and analysis August 2, 2019 In favor of reducing the quotations and prices of oil BRENT will…
Currency pair US Dollar 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 1.3217. 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 1.3160. Further, the rebound and the continued growth of the currency pair. The potential target of this movement of quotes is the area above the level of 1.3325. USD/CAD Forecast Canadian…
GOLD continue to move as part of the decline and the upward channel. At the time of the publication of the forecast, the price of Gold is 1403 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1420. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1340. XAU/USD Forecast and GOLD analysis August 2, 2019 In favor of raising the XAU/USD quotes, a…
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 15.96 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce the asset and test the support level near the area of 15.75. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 17.05. XAG/USD Forecast Silver and Analysis August 2, 2019 In favor of the growth of XAG/USD quotes, a test of the support line on…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the bearish channel. Moving averages indicate the presence of a short-term downtrend for the pair. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6550. At the moment, we should expect an attempt to correct the pair and test the resistance level near the area of 0.6580. Further, within the framework of the forecast and Forex analysis, an attempt is expected to continue the fall of…