Author: BYMARKETSCOM

Currency pair EUR/USD Euro to US Dollar is trading at 1.0827 and continues to move as part of the fall and the downward channel. The EUR/USD pair is moving below the lower border of the Cloud of the Ichimoku Kinko Hyo indicator. This indicates the presence of a bearish trend in the financial instrument. As part of the forecast for the Euro against the US Dollar on August 24, 2023. An attempt is expected to develop a correction and test the lower boundary of the Cloud of the Ichimoku Kinko Hyo indicator near the level of 1.0865. Where should we…

Brent is trading at $83.49 per barrel and is moving as part of a correction and the formation of a Head and Shoulders reversal pattern. Oil is moving below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a bearish trend for the instrument. As part of the oil price forecast for August 24, 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 84. Where should we expect an attempt to rebound…

Currency pair Pound Dollar GBP/USD is trading at 1.2731 and continues to move as part of the development of the correction and has left the bearish channel. The pair is trading above the upper 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 24 August 2023. A test of the lower border of the Cloud of the Ichimoku Kinko Hyo indicator is expected near the level of 1.2715. Where should we expect a rebound upwards and continued growth of the…

GOLD is trading at 1904 and continues to move within the correction and bearish channel. XAU/USD quotes are moving below the lower border of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a bearish trend in Gold. As part of the Gold price forecast for August 24, 2023. An attempt is expected to develop a price correction for the precious metal and test the lower border of the Ichimoku Kinko Hyo indicator Cloud near the level of 1915. Where can we expect a rebound down and a continued fall in Gold prices with a potential target near the…

Silver is trading at 23.76. 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 bearish trend for the instrument. As part of the Silver price forecast for today August 24, 2023, a correction is expected to develop and a test of the area of the Ichimoku indicator signal lines near the level of 23.55. Where can we expect a rebound upwards and a continuation of the fall in Silver prices with a potential target near the level of 24.85. Silver Forecast and XAG/USD analysis for…

Cryptocurrency Bitcoin is trading at the level of 26057 and continues to move as part of the development of a sideways correction and a downward channel. BTC/USD quotes are below the lower border of the Ichimoku Kinko Hyo indicator cloud. This suggests a short-term bearish trend for the digital asset. As part of the Bitcoin price forecast for August 24, 2023. It is expected to develop a correction in the value of the asset and test the area of the signal lines of the Ichimoku indicator near the level of 26705. Where can we expect a rebound down and an…

The Ethereum cryptocurrency is trading at the level of 1644 and continues to move as part of the correction and the formation of the “Triangle” model. ETH/USD quotes are moving below the lower border of the Cloud of the Ichimoku Kinko Hyo indicator. This indicates a bearish trend for Ethereum. As part of the Ethereum exchange rate forecast for August 24, 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 1670. Where should we expect a rebound down…

Cryptocurrency Litecoin is trading at the level of 64 and continues to move as part of the fall and the bearish channel. LTC/USD quotes are moving below the lower border of the Cloud of the Ichimoku Kinko Hyo technical indicator. This indicates the presence of a bearish trend in the cryptocurrency. As part of the Litecoin price forecast for August 24, 2023. An attempt is expected to develop a bullish correction and test the lower border of the Ichimoku Kinko Hyo indicator Cloud near the level of 67. Where should we expect a rebound down and an attempt to continue…

The Ripple cryptocurrency is trading at the level of 0.5129 and continues to move as part of the development of the correction and the downward channel. XRP/USD quotes are moving inside the Ichimoku Kinko Hyo Cloud. This indicates the presence of a sideways trend for Ripple. As part of the digital currency rate forecast for August 24, 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 0.5175 is expected. Where should we expect the price to bounce down and an attempt to…

Cryptocurrency Bitcoin Cash is trading at 186. Quotes continue to move as part of a correction and a bearish channel. BCH/USD is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a medium-term sideways trend for Bitcoin Cash. As part of the forecast for the Bitcoin Cash cryptocurrency exchange rate on August 24, 2023. An attempt is expected to develop a rise in the price of a digital asset and test the lower boundary of the Ichimoku Kinko Hyo Indicator Cloud near the level of 190. Where should we expect a rebound down…