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.

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and formation of the «Wedge» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.96. Moving averages indicate the presence of a short-term downtrend, prices continue to push off from signal lines, which indicates pressure from the bears. As part of the USD/RUB forecast for tomorrow November 26, 2019, we should expect an attempt to fall and test the support level near the area of ​​63.65 Rubles per US Dollar. Then, a rebound…

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BTC/USD are trading at 7161 and continue to move as part of the decline and the bearish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $129 472 762 557. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, November 26, 2019, we should expect an attempt to drop the value of a digital asset and test the support level near the 6900 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with…

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ETH/USD are trading at 145.61 and continue to move as part of the decline and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $15 987 961 472. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of ​​130.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above 201.55. Ethereum Forecast and ETH/USD Analysis…

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LTC/USD are trading at 45.33 and continue to move as part of the decline and formation of the «Expanding Formation» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 946 645 251. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to slightly fall and test the support level near the area of ​​42.80. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 70.05. Litecoin Forecast and LTC/USD Analysis November…

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XRP/USD are trading at 0.2160 and continue to move as part of the decline. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 539 632 728. Moving averages indicate the presence of a short-term downward trend for Ripple. Prices are below the signal line area, which indicates pressure from sellers. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the 0.2325 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1555. Ripple Forecast and XRP/USD Analysis November…

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BCH/USD are trading at 208.62 and continue to move as part of the decline and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 823 593 003. Moving averages indicate the presence of a short-term bearish trend for Bitcoin Cash. Prices fell far from the signal lines, indicating pressure from the bears. As part of the cryptocurrency rate forecast for November 26, 2019, one should expect an attempt to correct the asset value and test the resistance level near the area of ​​225.05. Where again we should expect a rebound and…

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Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.1057. The pair continues to move within the correction and the downward channel. The pair was able to repulse again from the area between the signal lines, which indicates pressure from the bears. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 1.1005. Where is the rebound expected and continued growth of the Euro/Dollar. The potential target of the rise is the area above the level of 1.1670.…

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BRENT complete the trading week near the area of ​​62.71 dollars per barrel. And it continues to move within the correction and the downward channel. Moving averages indicate a downward trend, prices have returned to the area between the signal lines, indicating a potential fall from current levels. At the moment, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 63.45. Then a rebound and continued fall of oil to the area below the level of 51.25 dollars per barrel. BRENT oil Forecast and Analysis November 25…

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Currency pair Pound Dollar GBP/USD completes the trading week near the area of ​​1.2878. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. However, prices broke through the area between the signal lines, which indicates pressure from the bulls. At this, we should expect an attempt to continue the development of the bullish correction and test the resistance area near the level of 1.2945. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.2075. GBP/USD Forecast and Analysis November 25…

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Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 63.65 Rubles per US Dollar. The pair continues to move within the correction and the bearish channel. Moving averages indicate a downward trend. In the current trading week November 25 — 29, 2019, we should expect an attempt to grow and test the resistance area near the level of 64.60. Where can we expect a rebound and the continuation of the fall of the Dollar below 60.45. USD/RUB Forecast and Analysis November 25 — 29, 2019 In favor of the fall of the Dollar/Ruble…

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