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.

Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of ​​108.12. The pair continues to move within the framework of the correction and the bearish channel, and there is also the potential for the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​106.25. Then the rebound and continued growth of the pair in the region above the level of 111.55. USD/JPY Forecast and Analysis September 30 —…

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GOLD completes the trading week near the area of ​​1492. XAU/USD quotes continue to move as part of the correction and the bullish channel. Moving averages indicate a bullish trend for GOLD, which continues its steady development. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​1460. Further, the continuation of the growth in the price of Gold with a potential target above the level of 1605. GOLD Price Forecast and Analysis September 30 — October 4, 2019 In favor of the rise in quotations and gold prices in the…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of ​​0.6290. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to develop an upward correction and test the resistance area near the level of 0.6345. Then, the continuation of the fall of the currency pair with a potential target below the level of 0.5855. NZD/USD Forecast and Analysis September 30 — October 4, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on the relative…

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Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9931. The pair continues to move within the correction and the upward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9735. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0335. USD/CHF Forecast and Analysis September 30 — October 4, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of the support line on the relative strength…

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Bitcoin BTC/USD ends the trading week at 7969 and continues to move as part of a strong fall and the development of the «Triangle» model has begun. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 6405. Where again we should expect a rebound and continued growth of the Bitcoin rate with a potential target above the level of 11275. Bitcoin Forecast and Analysis September 30 — October 4, 2019 In favor of raising the BTC/USD quotes in the current trading week…

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Ethereum ETH/USD closes the trading week at 163.34 and continues to move as part of a strong fall and the formation of the bullish «Wave Wolfe» pattern. Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to continue the fall and test the support level near the area of ​​145.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 235.00. Ethereum Forecast and Analysis September 30 — October 4, 2019 In favor of raising the ETH/USD quotes for the current…

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Ripple XRP/USD complete the trading week at the level of 0.2343 and continue to move as part of the correction and the formation of the upward «Wave Wolfe» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue the decline and test the support area near 0.2010. Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.3445. Ripple Forecast and Analysis September 30 — October 4, 2019 In favor of the growth of XRP/USD quotes in the current trading week September 30…

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Litecoin LTC/USD closes the trading week at 53.83 and continues to move as part of the correction and the formation of the upward «Wave Wolfe» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 45.00. Where again we should expect a rebound and an attempt to start growth in Litecoin with a potential target above the level of 80.05. Litecoin Forecast and Analysis September 30 — October 4, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current…

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Bitcoin Cash ends the trading week at 211.84 and continues to move as part of a strong fall and the development of the «Head and Shoulders» reversal model has begun. Moving averages indicate a bearish trend. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to correct and test the resistance area near the level of 245.55. Where is the rebound expected again and an attempt to continue the fall of Bitcoin Cash with a potential target below the level of 110.05. Bitcoin Cash Forecast and Analysis September 30 —…

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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 0.9920. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9955. Then, a rebound and the beginning of the fall of the US Dollar against the Swiss Franc with a potential target below 0.9735 as part of the development of the «Head and…

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