GOLD completes the trading week near the area of 1436. XAU/USD quotes continue to move as part of growth. Moving averages indicate a bullish trend. At the moment, it is worth expecting an attempt to fall and a test of the support level near the area of 1365. Further continuation of the rise in the price of GOLD with a potential target above the level of 1495. GOLD Price Forecast and Analysis July 22 — 26, 2019 In favor of the rise of quotations and prices for GOLD in the current trading week of 22 — 26, 2019, a test…
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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.
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6770 area. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6825. Then, the currency pair will continue to fall with a potential target below the level of 0.6255. NZD/USD Forecast and Analysis July 22 — 26, 2019 In favor of the fall of the currency pair NZD/USD test will perform a downward resistance line on the indicator of relative strength. The second signal…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9821. The pair continues to move within the correction and the ascending channel. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9745. Further, the rebound and attempt to grow a pair with a potential target above the level of 1.0255. USD/CHF Forecast and Analysis July 22 — 26, 2019 The test of the support line on the relative strength indicator will be in favor of the rise of the dollar franc…
Bitcoin BTC/USD ends the trading week at the level of 10319 and continues to move in the framework of the downward correction and the upward channel. Moving averages indicate a bullish trend. An important area of support is located near the level of 9450. At the moment, we should expect an attempt of correction and a test of the area of support near the level of 10150. Where once again should we expect a rebound and an attempt to continue the growth of Bitcoin with a potential target above the level of 15350. Bitcoin Forecast and Analysis July 22 —…
Ethereum ETH/USD ends the trading week at 216.34 and continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to fall and support the test level near the area of 205.00. Where can we expect a rebound again and the continuation of the growth rate of Ethereum with a potential target above the level of 375.00. Ethereum Forecast and Analysis July 22 — 26, 2019 In favor of the rise of ETH/USD quotes on the current trading week of July 22 — 26, 2019, a test…
Ripple XRP/USD close the trading week at 0.3113 and continue to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3725. Where again we should expect a rebound and the continuation of the fall of cryptocurrency in the region below the level of 0.1915. Ripple Forecast and Analysis July 22 — 26, 2019 In favor of reducing the quotes of XRP/USD in the current trading week of July 22 — 26, 2019, a test of the broken trend…
Litecoin LTC/USD ends the trading week at 97.22 and continues to move as part of the correction. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue the decline and test the support area near the level of 80.00. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a potential target above the level of 170.00. Litecoin Forecast and Analysis July 22 — 26, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading week of July 22 — 26, 2019…
Bitcoin Cash ends the trading week at 303.30 and continues to move as part of the fall and the bullish channel. Moving averages indicate a bullish trend. As part of the BCH/USD exchange rate forecast for the next trading week, we can expect an attempt at a correction and a test of the support area near the level of 205.00. From where again, a rebound is expected and an attempt to continue the growth of Bitcoin Cash with a potential target above the level of 550.00. Bitcoin Cash Forecast and Analysis July 22 — 26, 2019 An additional signal in…
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 rate is 1.1219. At the moment, we should expect an attempt to continue growth and test the resistance area near the 1.1255 area. 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 is the…
Currency pair Pound/Dollar GBP/USD continues to move within the growth and the downward channel. At the time of the publication of the forecast, the pound rate to the US Dollar at Forex is 1.2487. 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 1.2545. 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, in the Forex forecast for July 19, 2019,…