Bitcoin Cash BCH/USD are trading at 436.68 and continue to move as part of the correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 738 765 346. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for June 18, 2019, we should expect an attempt to continue the decline and a test of the support level near the 420.00 area. Where can we again expect a rebound and continued growth of Bitcoin Cash digital asset with a potential target…
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 growth and bearish channel. At the time of the publication of the forecast, the index is trading at 26145. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and a test of the support level near the area of 25710. Where the rebound is expected from and the rise of the Dow Jones stock index quotes to the area above the level of 27405 is expected. Dow Jones Index Forecast and Analysis June 18, 2019 In favor of the growth of quotations of the stock…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1266. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1385. Where is expected to rebound and the continuation of the fall of the euro/dollar. The potential target of decline is the area below 1.0805. EUR/USD Forecast and Analysis June 17 — 21, 2019 In favor of the fall of the EUR/USD currency pair at Forex, a test of…
BRENT crude oil complete the trading week near the area of 61.14 dollars per barrel. And it continues to move in the framework of the fall. Moving averages indicate a downward trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 63.75. Then the continuation of the fall of oil into the region below the level of 49.55 dollars per barrel. BRENT oil Forecast and Analysis June 17 — 21, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2652 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At this point, we should expect an attempt to continue the correction and test the resistance area near the level of 1.2875. Further, the beginning of the decline in quotations of the Pound/Dollar to the area below the level of 1.2095. GBP/USD Forecast and Analysis June 17 — 21, 2019 In favor of the fall of the British Pound will test the downward trend line on the indicator of…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.31 rubles for the US dollar. The pair continues to move within the descending channel and the formation of the «Triangle» model. Moving averages indicate an uptrend. In the current trading week, June 17 — 21, 2019, an increase in the resistance area test near the 64.85 level is expected. Where can we expect a rebound and the continuation of the fall of the dollar below 61.05. USD/RUB Forecast and Analysis June 17 — 21, 2019 In favor of the fall of the pair…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6897. The pair continues to move within the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 0.7055. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6525. AUD/USD Forecast and Analysis June 17 — 21, 2019 In favor of the fall of the pair on Forex will test the downward trend line on…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3335. The pair 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 reduce and test the support level near 1.3235. Then the growth of quotations continued with the goal above the level of 1.3825. USD/CAD Forecast and Analysis June 17 — 21, 2019 A test of the rising support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal will…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.19. The pair continues to move within the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near 109.70. Then rebound and the continuation of the fall of the pair in the area below 104.15. USD/JPY Forecast and Analysis June 17 — 21, 2019 In favor of the growth of the Dollar/Yen pair will test the downward trend line on the indicator of relative strength…
GOLD completes the trading week near the 1355 area. The XAU/USD quotes continue to move as part of strong growth. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue the correction and test the support level near the 1315 area. Further, the GOLD price will continue to rise with a potential target above the 1425 level. GOLD Price Forecast and Analysis June 17 — 21, 2019 In favor of the rise of quotations and prices for GOLD in the current trading week on June 17 — 21, 2019, a test of an uptrend…