Author: BYMARKETSCOM

Currency pair EUR/USD Euro to US Dollar is trading at 1.0864 and continues to move within the correction and the downward channel. The EUR/USD pair is moving inside the Cloud of the Ichimoku Kinko Hyo indicator. This indicates the presence of a sideways trend in the financial instrument. As part of the EUR/USD exchange rate forecast for August 31, 2023. An attempt is expected to develop a correction and test the upper border of the Cloud of the Ichimoku Kinko Hyo indicator near the level of 1.0875. Where should we expect an attempt to rebound down and continue the fall…

Brent is trading at $85.27 per barrel and is moving up as part of the growth and has left the bearish channel. Oil is moving above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a bullish trend for the instrument. As part of the forecast for the oil price on August 31, 2023, a bullish correction in the value of the asset is expected to develop and a test of the upper border of the Ichimoku Kinko Hyo indicator cloud near the level of 83. Where should we expect an attempt to rebound upwards…

Currency pair Pound Dollar GBP/USD is trading at 1.2643 and continues to move as part of the development of a bullish correction and a bearish channel. The pair is trading below the lower border of the Cloud indicator Ichimoku Kinko Hyo. This indicates a bullish trend for the Pound/Dollar pair. As part of the Forex forecast of the British Pound for today 31 August 2023. A test of the lower border of the Ichimoku Kinko Hyo indicator Cloud is expected near the level of 1.2665. Where should we expect a rebound down and the continuation of the fall of the…

GOLD is trading at the 1935 level and continues to move within the growth and bullish channel. XAU/USD quotes are moving above the upper border of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a bullish trend in Gold. As part of the Gold price forecast for August 31, 2023. An attempt is expected to develop a correction in prices for the precious metal and test the area of the signal lines of the Ichimoku Kinko Hyo indicator near the level of 1920. Where can we expect a rebound upwards and continued growth in Gold prices with a…

Silver is trading at 24.56. XAG/USD quotes are moving above the upper border of the Cloud of the Ichimoku Kinko Hyo indicator. This indicates the presence of a medium-term bullish trend for the instrument. As part of the Silver price forecast for today August 31, 2023, a correction is expected to develop and a test of the area of the signal lines of the Ichimoku indicator near the level of 24.35. Where can we expect a rebound upwards and a continuation of the fall in Silver prices with a potential target near the level of 25.75. Silver Forecast and XAG/USD…

Cryptocurrency Bitcoin is trading at 27447 and continues to move as part of the development of a correction and a bullish channel. BTC/USD quotes are located above the upper border of the Cloud of the Ichimoku Kinko Hyo indicator. This suggests a short-term bullish trend for the digital asset. As part of the Bitcoin price forecast for August 31, 2023. The development of a correction in the value of the asset and a test of the area of the signal lines of the Ichimoku indicator near the level of 26865 are expected. Where can we expect a rebound upwards and…

The Ethereum cryptocurrency is trading at the level of 1715 and continues to move as part of the correction and the start of the Triangle pattern. ETH/USD quotes are moving above the upper border of the Cloud indicator Ichimoku Kinko Hyo. This indicates a bullish trend for Ethereum. As part of the Ethereum exchange rate forecast for August 31, 2023. A correction of the digital asset is expected to develop and a test of the area of the signal lines of the Ichimoku Kinko Hyo indicator near the level of 1675. Where should we expect a rebound upwards and an…

Cryptocurrency Litecoin is trading at the level of 67 and continues to move within the correction and the bullish channel. LTC/USD quotes are moving above the upper border of the Cloud of the Ichimoku Kinko Hyo technical indicator. This indicates the presence of a bullish trend in the cryptocurrency. As part of the Litecoin price forecast for August 31, 2023. An attempt is expected to develop a bullish correction and test the upper border of the Ichimoku Kinko Hyo indicator Cloud near the level of 65. Where should we expect a rebound upwards and an attempt to continue the growth…

The Ripple cryptocurrency is trading at the level of 0.5275 and continues to move as part of the development of the correction and the downward channel. XRP/USD quotes are moving above the upper border of the Ichimoku Kinko Hyo Cloud. This indicates a bullish trend for Ripple. As part of the digital currency rate forecast for August 31, 2023. The development of an asset correction and a test of the upper border of the Cloud of the Ichimoku Kinko Hyo indicator near the level of 0.5205 is expected. Where should we expect the price to bounce up and an attempt…

Cryptocurrency Bitcoin Cash is trading at 217. Quotes continue to move as part of strong growth and have left the bearish channel. The BCH/USD rate is trading above the upper border of the Ichimoku Kinko Hyo Cloud. This indicates a medium-term bullish trend for Bitcoin Cash. As part of the forecast for the Bitcoin Cash cryptocurrency exchange rate on August 31, 2023. An attempt is expected to develop the growth in the price of a digital asset and test the area of the signal lines of the Ichimoku Kinko Hyo indicator near the level of 205. Where should we expect…