Daily Forex Market Analyses and Forecast

Gold Price Forecast, Aug 28 – 50 EMA Crosser to Drive Buying!

  The precious metal gold is looking to trade bullish above 1,944 level amid weaker U.S. dollar. The Federal Reserve Chair Jarom Powell is expected to keep policy dovish for the extended period, driving bullish bias the precious metal gold. Check out the gold price forecast video to learn more about it. Read more

USD/CAD Price Forecast, Aug 27 – Descending Triangle Pattern in Focus!

  The USD/CAD is trading neutral at 1.3136, holding right above an immediate triple bottom support level of 1.3125 level. There are strong odds of bearish breakout as the the pair has formed a descending triangle pattern. Check out the forex forecast video to learn more about USD/CAD price forecast. Read more

BTC/USD Price Forecast, Aug 27 – 61.8% Fibonacci Retracement In-Play

  The Bitcoin prices traded precisely in line with our previous forecast and violated the resistance level of 11,350 level. On the higher side, the BTC/USD prices have completed 61.8% Fibonacci retracement. What next can we expect? Let’s find our Bitcoin price forecast video analysis. Read more

Gold Price Forecast, Aug 27 – Choppy Session Continues, Fed Chair Speech Ahead

  The precious metal gold price continues to trade sideways around 1,944 level as traders braces for the series of economic events from the U.S. economy. The U.S. Jobless Claims, Prelim GDP, and Fed Chair Jerome Powell speech may drive price action in gold prices. Checkout gold price forecast video. Read more

EUR/USD Price Forecast, Aug 26 – Ascending Triangle Pattern In Highlights

  The EUR/USD pair is trading with a slight bearish bias at 1.1815 level amid a stronger dollar. On the 2 hour chart, the EUR/USD pair has formed a descending triangle pattern that can support the pair at a 1.1810 level and resistance at 1.1847. Checkout video analysis to know more about EUR/USD currency pair. Read more

BTC/USD Price Forecast, Aug 26, 2020 – Fibonacci Retracement In Play!

  The BTC/USD prices are taking a bullish turn after testing the support level of 11,106. The oversold Bitcoin has bounced off to complete 38.2% Fibonacci retracement at 11,534 level. Can we expect Bitcoin to go after 61.8% Fibonacci level? Well, let’s find out in Bitcoin price forecast video. Read more

Gold Price Forecast, Aug 26 – Bearish Bias Dominates the Market

  The precious metal gold continues trading sharply bearish below 1,925 level to test the triple bottom support level of 1,914. Can we expected further selling trend in gold, consider three black crows pattern on two hourly charts? Let’s find out in gold price forecast video analysis. Read more

Bitcoin Forecast, Aug 25 – BTC/USD Violates Upward Channel, What’s Next?

  The leading cryptocurrency BTC/USD pair has violated the upward channel at 11,700 level, and it’s looking to close a candle below this level. There’s a strong odds of bearish trend continuation, checkout Tradingpedia Bitcoin analysis video to learn more about trade setup. Read more

Gold Price Forecast, Aug 25 – Gold Sideways Trading Continues – Eyes on Breakout

  The yellow metal gold continues trading sideways between 1,956 to 1,924, having violated the symmetric triangle pattern. Later today, the U.S. economy will be releasing CB Consumer Confidence data that can drive some price action in the market. Let’s brace to capture a quick movement in gold. Read more

Bitcoin Price Forecast Aug 24 – BTC/USD Set to Test Triple Top

  The BTC/USD pair bounces off the support level of 11,585 level, driving bullish bias in the market. On the higher side, the pair may find an immediate resistance around the triple top level of 11,800. Is it worth selling below this level? Let’s get to know in a Bitcoin price forecast video above. Read more