Currency pair US Dollar Canadian Dollar USD/CAD continues to move in growth. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3177. 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 1.3115. 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 1.3225. USD/CAD Forecast Canadian Dollar July 31, 2019 In favor…
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.
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 1428 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 level of support near the area of 1405. Where should we expect a rebound and continued growth in the price of GOLD with a target above 1480. XAU/USD Forecast and GOLD analysis July 31, 2019 In favor of lifting quotes XAU/USD will test the rising trend line on the indicator…
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 16.47 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 16.00. Where can we expect a rebound and continued growth in the price of Silver with the goal above the level of 17.25. XAG/USD Forecast Silver and Analysis July 31, 2019 In favor of the growth of XAG/USD quotes, a test of the support…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the upward channel. Moving averages indicate the presence of a short-term bullish trend for the pair. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6607. At the moment, we should expect an attempt to correct the pair and test the resistance level near the area of 0.6655. Further, as part of Forex forecast and analytics, an attempt is expected to continue the fall of the currency pair to the area below…
Currency pair Dollar Franc USD/CHF continues to move in the framework of the growth and the upward channel. At the time of publication of the FOREX forecast, the exchange rate of the US Dollar to Swiss Franc is 0.9902. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9870. Then, the rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0005. USD/CHF Forecast Dollar Franc July 31,…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move in an upward correction and a downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.29. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 31, 2019, we should expect an attempt to grow and test the resistance level near 63.55 rubles per US Dollar. Then, a rebound and the continuation of the fall of the currency pair in the area below the level of 60.65. USD/RUB Forecast…
Bitcoin BTC/USD are traded at 9526 and continue to move as part of a decline and a downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $170 865 335 509. Moving averages indicate a bearish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, July 31, 2019, we should expect an attempt to fall and a test of the support level near the 8600 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area of 11450.…
Ethereum ETH/USD are trading at 206.83 and continue to move as part of the decline and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $22 494 582 078. Moving averages indicate a short-term bearish trend on Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the 210.00 area. Where once again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential goal below the level of 125.00. Ethereum Forecast and ETH/USD Analysis July 31, 2019 An…
Litecoin LTC/USD are trading at 89.35 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 699 124 382. Moving averages indicate a short-term downward trend in Litecoin. At the moment, we should expect an attempt to rise and test the resistance level near the area of 98.30. Where can we expect a rebound again and the continuation of the fall of the Litecoin rate with a potential target below the level of 60.05. Litecoin Forecast and LTC/USD Analysis July 31, 2019 In favor of the growth of…
Ripple XRP/USD are trading at 0.3061 and continue to move as part of the upward correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $13 648 040 577. 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 0.3215. Further, the continuation of the fall of cryptocurrency in the area below the level of 0.2390. Ripple Forecast and XRP/USD Analysis July 31, 2019 In favor of reducing the XRP/USD quotes, a…