Ripple XRP/USD are trading at 0.3954 and continue to move as part of the decline and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $17 156 278 345. Moving averages indicate a short-term upward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.3835. Further, the continuation of cryptocurrency growth in the region above the level of 0.5120. Ripple Forecast and XRP/USD Analysis July 4, 2019 In favor of lifting XRP/USD quotes, a test of the rising trend line on…
Author: forex24pro
Bitcoin Cash BCH/USD are trading at 408.28 and continue to move within the downward correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 338 092 400. Moving averages indicate the presence of a short-term bullish trend on Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 4, 2019, we should expect an attempt to continue the decline and a test of the support level near the area of 390.00. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential…
Currency pair Euro/Dollar EUR/USD continues to move within the fall and the bearish channel. Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the Euro rate to the US Dollar is 1.1297. At the moment, we should expect an attempt to continue growth and test the upper boundary of the ascending channel near the area of 1.1345. Further, the rebound and the beginning of the decline in the currency pair Euro Dollar. The potential target of such a movement and the development of the «Wolfe Wave» model is the area…
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 1.2629. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to rise and test the resistance area near the level of 1.2685. Where again we should expect a rebound and the continuation of the 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 for…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward correction and the bullish channel. Moving averages indicate a short-term uptrend. At the time of publication of the forecast, the Australian Dollar to the US Dollar is 0.6992. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7005. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6815. AUD/USD Forecast Australian Dollar July 3, 2019 In favor of the fall of the pair…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the downward wave «Wolfe Wave» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.26. Moving averages indicate the presence of a short-term upward trend for the pair. As part of the forecast of the Japanese Yen rate for July 3, 2019, we should expect an attempt to grow and test the resistance area near the level of 108.55. Further, the rebound and the continuation…
Brent continue to move in the correction and the ascending channel. At the time of the publication of the forecast, the price of BRENT oil is $ 64.65 per barrel. Moving averages indicate a short-term bullish trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 66.55 dollars per barrel. Further, the continuation of the fall of the oil in the area below 59.35. BRENT Crude Oil Forecast and analysis July 3, 2019 In favor of lowering quotations and prices for oil BRENT will perform a test of…
Currency pair US Dollar Canadian Dollar USD/CAD continues 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 Canadian Dollar is 1.3114. Moving averages indicate a short-term downward trend in the pair. At the moment, we can expect an attempt to reduce and test the support level near the 1.3065 area. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such a movement of quotes is an area above the level of 1.3265.…
GOLD continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1391 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1405. Where should we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1345. XAU/USD Forecast and GOLD analysis July 3, 2019 In favor of reducing the XAU/USD quotes, a test of…
Silver continue to move within the bearish channel decline. At the time of the publication of the forecast, the price of silver is 15.09 dollars. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 15.20 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 14.65. XAG/USD Forecast Silver and Analysis July 3, 2019 In favor of the fall in XAG/USD quotes, a test of the resistance line…