Author: BYMARKETSCOM

Currency pair EUR/USD Euro to US Dollar is trading at 1.0919 and continues to move as part of the fall and the downward channel. The EUR/USD pair is moving below the lower boundary 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 17, 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 1.0955. Where should we…

Brent is trading at $84.77 per barrel and is moving within a strong fall and has left the bullish channel. 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 forecast for the oil price on August 17, 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 86. Where should we expect an attempt to rebound down and continue…

Currency pair Pound Dollar GBP/USD is trading at 1.2733 and continues to move as part of the development of a correction and a bearish channel. The pair is trading below the lower border of the Cloud indicator Ichimoku Kinko Hyo. This indicates a bearish trend for the Pound/Dollar pair. As part of the Forex forecast of the British Pound for today 17 August 2023. A test of the upper border of the Cloud of the Ichimoku Kinko Hyo indicator is expected near the level of 1.2755. Where should we expect a rebound down and the continuation of the fall of…

GOLD is trading at the level of 1904 and continues to move within the framework of the fall and the 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 17, 2023. An attempt is expected to develop a correction in prices for the precious metal and test the lower border of the Ichimoku Kinko Hyo indicator Cloud near the level of 1915. Where should we expect a rebound down and a continued fall in…

Silver is trading at 22.64. XAG/USD quotes are moving below the lower 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 17, 2023, a correction is expected to develop and a test of the lower boundary of the Ichimoku indicator Cloud near the level of 22.80. Where can we expect a rebound down and a continuation of the fall in Silver prices with a potential target near the level of 21.35. Silver Forecast and XAG/USD analysis for…

Cryptocurrency Bitcoin is trading at the level of 29188 continues to move as part of the development of the fall. 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 17, 2023. The development of a correction in the value of the asset and a test of the lower border of the Ichimoku indicator cloud near the level of 29405 are expected. Where should we expect a rebound down and an attempt to continue the fall of…

The Ethereum cryptocurrency is trading at the level of 1825 and continues to move within the correction and the bearish channel. 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 17, 2023. A correction of the digital asset is expected to develop and a test of the lower border of the Ichimoku Kinko Hyo indicator cloud near the level of 1835 is expected. Ethereum Forecast and Analysis for August 17, 2023 An additional signal in…

Cryptocurrency Litecoin is trading at the level of 78 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 17, 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 82. Where should we expect a rebound down and an attempt to continue…

The Ripple cryptocurrency is trading at 0.5958 and continues to move as part of the development of the decline and the downward channel. XRP/USD quotes are moving below the lower border of the Ichimoku Kinko Hyo Cloud. This indicates a bearish trend for Ripple. As part of the digital currency rate forecast for August 17, 2023. The development of an asset correction and a test of the area of the signal lines of the Ichimoku Kinko Hyo indicator near the level of 0.6165 is expected. Where should we expect the price to bounce down and an attempt to continue the…

Cryptocurrency Bitcoin Cash is trading at 225. Quotes continue to move as part of the fall and the 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 17, 2023. An attempt is expected to develop a rise in the price of a digital asset and a test of the upper border of the Ichimoku Kinko Hyo indicator cloud near the level of 230. Where should we expect a…