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 the formation of the «Double Bottom» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.22. Moving averages indicate a short-term downtrend. As part of the USD/RUB forecast for tomorrow, October 15, 2019, we should expect an attempt to lower and test the support level near the area of ​​63.70 Russian Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level…

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BTC/USD are trading at 8301 and continue to move as part of the growth a bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $149 498 344 570. Moving averages indicate the presence of a short-term flat trend for Bitcoin. As part of the cryptocurrency forecast for tomorrow October 15, 2019, one should expect an attempt to reduce asset quotes and test the support level near the area of ​​8055. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area…

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ETH/USD are trading at 181.24 and continue to move as part of the correction. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $19 802 656 250. Moving averages indicate the presence of a short-term bullish trend for Ethereum, but seller pressure is increasing. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area of ​​178.35. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 210.55. Ethereum Forecast and…

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LTC/USD are trading at 56.19 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 609 418 249. Moving averages indicate the presence of a short-term flat trend in Litecoin. At the moment, we should expect an attempt to fall and test the support level near the area of ​​53.45. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above 64.35. Litecoin Forecast and LTC/USD Analysis October 15, 2019 In favor of the growth of…

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XRP/USD are trading at 0.2873 and continue to move as part of the growth and bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 442 773 999. Moving averages indicate the presence of a short-term bullish trend for Ripple. At the moment, we should expect an attempt to depreciate the digital asset and a test of the support level near the 0.2755 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3175. Ripple Forecast and XRP/USD Analysis October 15, 2019 In favor of reducing the…

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BCH/USD are trading at 225.36 and continue to move as part of the correction and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 075 821 578. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for October 15, 2019, one should expect an attempt to raise the value of the asset and test the resistance level near the area of ​​230.05. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a…

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Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1008 area. The pair continues to move as part of a minor correction and a bearish channel. The pair was able to update the next minimum. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 1.1145. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. A potential reduction target is the area below the level of 1.0585. EUR/USD Forecast and Analysis October 14 — 18, 2019 In favor…

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BRENT complete the trading week near the area of ​​60.56 dollars per barrel. And it continues to move within the correction and the downward channel. Moving averages indicate the presence of a downward trend, prices several times repelled from the signal lines, which indicates the strength of the bears. At the moment, we should expect an attempt to upward correction and test the resistance area near the level of 61.75. Then a rebound and continued fall of oil to the area below the level of 49.65 dollars per barrel. BRENT oil Forecast and Analysis October 14 — 18, 2019 An…

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Currency pair Pound Dollar GBP/USD completes the trading week near the area of ​​1.2454. The pair continues to move as part of the correction against the background of the approaching Brexit and the bearish channel. Moving averages indicate a bearish trend. At this, we should expect an attempt to develop a correction and test the resistance area near the level of 1.2505. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1405. GBP/USD Forecast and Analysis October 14 — 18, 2019 In favor of the fall of the British…

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Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.13 Rubles per US Dollar. The pair continues to move within the correction and the upward channel. Moving averages indicate a flat trend that is nearing completion. In the current trading week October 14 — 18, 2019, we should expect an attempt to reduce and test the support area near the level of 63.75. Where can we expect a rebound and continued growth of the dollar above the level of 68.60. USD/RUB Forecast and Analysis October 14 — 18, 2019 In favor of raising…

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