Bitcoin Cash BCH/USD are trading at 311.99 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $5 641 298 470. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 31, 2019, we should expect an attempt to continue growth and test the resistance level near the 315.00 area. Where can we again expect a rebound and the continuation of the fall of the digital asset Bitcoin Cash…
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.
Stock index Dow Jones continue to move within the framework of the side correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the index is trading at 27046. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 27005. From where the rebound is expected and the continuation of the fall of the Dow Jones stock index quotes to the area below the level of 27515. Dow Jones Index Forecast and Analysis July 31, 2019 In favor of…
Currency pair Euro/Dollar EUR/USD continues to move as part of a decline and a 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 exchange rate is 1.1122. At the moment, we should expect an attempt to grow and test the resistance area near the 1.1195 area. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. A potential target of such a movement is the area below the level of 1.0095. EUR/USD Forecast Euro Dollar July 30, 2019 The downward resistance test…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the pound rate to the US Dollar at FOREX is 1.2275. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2355. Where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The aim of the downward movement of the currency pair,…
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 side trend. At the time of the publication of the forecast, the Australian Dollar to the US dollar is 0.6904. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6945. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6780. AUD/USD Forecast Australian Dollar July 30, 2019 In favor of the growth of the pair AUD/USD will…
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 108.65. Moving averages indicate a short-term bearish trend for the pair. As part of the forecast of the Japanese Yen rate as of July 30, 2019, we should expect an attempt to decrease and test the support area near the level of 108.05. Further, the rebound and continued growth of the pair USD/JPY to the area above the level of…
Brent continue to move in the correction. At the time of the publication of the forecast, the price of BRENT oil is $ 63.26 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 of the oil in the area below the level of 56.05. BRENT Crude Oil Forecast and analysis July 30, 2019 In favor of reducing the quotations and prices of oil BRENT will test the resistance line…
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 1.3158. 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 1.3125 area. 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 1.3405. USD/CAD Forecast Canadian Dollar July 30, 2019 In favor of…
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 1419 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 1400 area. Where can we expect a rebound and continued growth in the price of Gold with the goal above the level of 1485. XAU/USD Forecast and GOLD analysis July 30, 2019 In favor of lifting quotes XAU/USD will test the rising trend line on the…
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 16.37 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 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 30, 2019 In favor of the growth of XAG/USD quotes, a test of the support line on the…