Author: 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.

ETH/USD are trading at 151.07 and continue to move as part of the correction and the upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $17 228 928 852. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of ​​155.05. Where again we should expect a rebound and a continued decline in the Ethereum rate…

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LTC/USD are trading at 39.69 and continue to move as part of the correction and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 637 442 070. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall already from current levels. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of ​​41.75.…

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XRP/USD are trading at 0.1803 and continue to move as part of the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 163 833 119. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from asset sellers and a potential drop already from current levels. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of ​​0.1895. Further, the continuation of…

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BCH/USD are trading at 219.90 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 129 640 262. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from buyers. As part of the cryptocurrency rate forecast for April 14, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the area of ​​245.05. Where again we…

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Stock index Dow Jones continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the index is trading at 23303. Moving averages indicate the presence of a bullish trend in the index. At the moment, we should expect an attempt to develop a correction of quotes and a test of the support level near the area of ​​22305. Further, a rebound and continued growth of quotations of the Dow Jones stock index is expected to go above 26255. Dow Jones Index Forecast and Analysis April 14, 2020 In favor of…

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Stock index S&P 500 continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the index is trading at 2742.6. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of ​​2615.0. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 2985.0. S&P 500 Forecast and Analysis April 14, 2020 In favor of the growth of stock market quotes, a test of the support line on…

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Stock index DAX 30 continue to move in the framework of growth and the upward channel. At the time of the publication of the forecast, the exchange rate is 10648.0. Moving averages indicate a bullish trend. As part of the forecast for the exchange rate of the DAX 30 index for April 14, 2020, we should expect an attempt to correct and test the support level near the area of ​​10025.0. Where can we expect a rebound and continued growth of DAX 30 quotes in the area above the level of 12375.0. DAX 30 Index Forecast and Analysis April 14,…

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Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.0932. The pair continues to move as part of the decline. Moving averages indicate a downward trend in the pair. Prices pushed from the area between the signal lines, indicating pressure from sellers of European currency. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.1135. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area below the level of 1.0255. EUR/USD…

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BRENT complete the trading week near the area of ​​$31.73 per barrel. And it continues to move as part of the correction and the formation of a reversal model. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating strong pressure from sellers of raw materials. At the moment, we should expect an attempt to develop a fall and test the support area near the level of 21.55. Then, a rebound and continued growth of oil in the region above the level of 52.05 dollars per barrel. BRENT crude oil Forecast and Analysis April…

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Currency pair Pound Dollar GBP/USD completes the trading week near the area of ​​1.2473. The pair continues to move as part of a strong bullish correction. Moving averages indicate a bearish trend. Prices have gone far down from the area between the signal lines down, indicating pressure from sellers. At this, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 1.2755. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1205. GBP/USD Forecast and Analysis April…

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