Bitcoin Cash ends the trading week at 416.38 and continues to move as part of the correction 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 385.00. 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 745.00. Bitcoin Cash Forecast and Analysis July 1 — 5, 2019 An additional signal in…
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 within the correction and the upward channel. Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1372. At the moment, we should expect an attempt to continue growth and test the upper boundary of the ascending channel near the 1.1400 area. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential target of such a movement and model development is the area below the level of 1.1225. EUR/USD Forecast Euro Dollar June 28,…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound rate to the US Dollar at FOREX is 1.2700. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to continue the rise and test the resistance area near the level of 1.2750. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the bullish correction and the bearish channel. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.6705. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7015. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6835. AUD/USD Forecast Australian Dollar June 28, 2019 In favor of the fall of…
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 107.84. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for June 28, 2019, we should expect an attempt to rise and test the resistance area near the level of 108.05. Further, the rebound and the continuation of the USD/JPY pair decline to the area below the…
BRENT continue to move as part of the growth and formation of the «Wedge» model. At the time of the publication of the forecast, the price of BRENT oil is $ 65.05 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 65.65 dollars per barrel. Further, the continuation of the fall of the oil in the region below the level of 57.45. BRENT Crude Oil Forecast and analysis June 28, 2019 In favor of lowering quotations and prices for…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the decline and the formation of a bull pattern «Wolfe Wave». At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3131. Moving averages indicate a short-term bearish trend in the pair. At the moment, we should expect an attempt to reduce and test the support level near 1.3085. 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…
GOLD continue to move within the growth and the rising channel. At the time of the publication of the forecast, the price of Gold is $ 1404 per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we can expect an attempt at correction and a test of the support level near the area of 1390. Where can we expect a rebound and the continuation of the growth in the price of Gold with the target above the level of 1465. XAU/USD Forecast and GOLD analysis June 28, 2019 In favor of reducing the XAU/USD quotes, a…
Silver continue to move in the downward correction and the bullish channel. At the time of the publication of the forecast, the price of Silver is 15.28 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 15.15 area. Where can we expect a rebound and continued growth in the price of Silver with the goal above the level of 15.85. XAG/USD Forecast Silver and Analysis June 28, 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 in the upward correction and the bearish channel. Moving averages indicate the presence of a short-term side trend for the pair. At the time of publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6685. At the moment, we should expect an attempt to grow the pair and test the resistance level near the 0.6705 area. Further, in the framework of the Forex forecast, an attempt to continue the fall of the currency pair to the area…