Bitcoin Cash BCH/USD are trading at 393.93 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 $6 970 846 972. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 3, 2019, we should expect an attempt to continue the correction and test 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 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 in growth. At the time of the publication of the forecast, the index is trading at 26673. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the 26575 area. Where the rebound is expected from and the growth of the Dow Jones stock index in the region above the level of 27345 is expected. Dow Jones Index Forecast and Analysis July 3, 2019 In favor of the rise of quotations of the stock index on July 3, 2019, a test of…
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 exchange rate is 1.1347. At the moment, we should expect an attempt to continue growth and test the upper boundary of the bullish channel near the area of 1.1370. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential target of such a movement and model testing is the area below the level of 1.1120. EUR/USD Forecast Euro Dollar…
Currency pair Pound/Dollar GBP/USD continues to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound rate to the US Dollar at Forex is 1.2644. 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 1.2735. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward correction and the bearish 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 0.6994. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7025. 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 2, 2019 In favor of the fall of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the growth 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 108.31. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for July 2, 2019, we should expect an attempt to reduce and test the support area near the level of 107.65. Further, the rebound and continued growth of the pair USD/JPY to the area above the level…
BRENT continue to move as part of the correction and the formation of the «Wedge» model. At the time of publication of the forecast, the price of BRENT oil is $ 66.55 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 66.85 dollars per barrel. Further, the continuation of the fall of the oil in the area below 59.25. BRENT Crude Oil Forecast and analysis July 2, 2019 In favor of lowering quotations and prices for oil BRENT will…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the correction and the formation of a bull pattern «Wolfe Wave». At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3096. 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 1.3060. 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…
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 1391 Dollars per Troy Oz. Moving averages indicate a short-term bullish 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 1340. XAU/USD Forecast and GOLD analysis July 2, 2019 In favor of reducing the XAU/USD quotes, a test of…
Silver continue to move within the correction and the bullish channel. At the time of the publication of the forecast, prices for Silver amount to 15.26 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 15.20 area. Where can we expect a rebound and continued growth in the price of Silver with the goal above the level of 15.75. XAG/USD Forecast Silver and Analysis July 2, 2019 In favor of the growth of XAG/USD quotes, a test of the support area…