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.

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and development of the «Triangle» model. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6209. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the area of ​​0.6245. Further, within the framework of the forecast and Forex analysis for tomorrow, a…

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Currency pair Dollar Franc USD/CHF continues to move as part of the growth and upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0007. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to develop a downward correction and a test of the support area near the level of 0.9950. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with a potential target above the level of 1.0085. USD/CHF Forecast Dollar Franc…

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Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.18. Moving averages indicate a downward trend. As part of the USD/RUB forecast for tomorrow, October 2, 2019, we should expect an attempt to reduce and test the support level near the area of ​​64.15 rubles per US dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 67.45. USD/RUB Forecast Russian Ruble…

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BTC/USD are trading at 8332 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $150 646 497 136. Moving averages indicate the presence of a short-term downward trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, October 2, 2019, we should expect an attempt to continue the correction and test the resistance level near the area of ​​8455. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below…

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ETH/USD are trading at 177.63 and continue to move as part of a bullish momentum. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $19 430 221 739. Moving averages indicate the presence of a short-term downward trend in Ethereum. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the area of ​​185.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 145.55. Ethereum Forecast and ETH/USD Analysis October 2, 2019 An…

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LTC/USD are trading at 54.81 and continue to move as part of the fall and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 507 040 667. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to correct and test the resistance level near the area of ​​58.65. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 44.45. Litecoin Forecast and LTC/USD Analysis October 2, 2019 In…

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XRP/USD are trading at 0.2496 and continue to move as part of the growth and the beginning of the development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 969 321 607. Moving averages indicate the presence of a short-term bearish trend for Ripple, which is nearing completion. At the moment, we should expect an attempt to depreciate the digital asset and a test of the support level near the 0.2385 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2915. Ripple Forecast…

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BCH/USD are trading at 224.93 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 $4 077 513 875. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for October 2, 2019, one should expect an attempt to rise and test the resistance level near the area of ​​240.05. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential target below the level…

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Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the beginning of the development of the «Triangle» model. Moving averages indicate the presence of a short-term bearish trend for the pair, prices continue to push from the area between the lines, which indicates pressure from sellers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0925. At the moment, we should expect an attempt to correct and test the resistance level near the area of ​​1.0970. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this…

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Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2348. Moving averages indicate a short-term bullish trend, however, prices have broken through the area between the signal lines, indicating pressure from the bears. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2275. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against…

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