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 ​​107.97. The pair continues to move within the framework of the correction and the downward 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 ​​106.05. Then the rebound and continued growth of the pair in the region above the level of 112.45. USD/JPY Forecast and Analysis September 23 —…

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GOLD completes the trading week near the area of ​​1503. XAU/USD quotes continue to move as part of the correction and the rising channel. Moving averages indicate a bullish trend for GOLD, which has just begun to develop. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​1465. Further, the continuation of the growth of the price of GOLD with a potential target above the level of 1625. GOLD Price Forecast and Analysis September 23 — 27, 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 ​​0.6268. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6375. Then, the continuation of the fall of the currency pair with a potential target below the level of 0.5885. NZD/USD Forecast and Analysis September 23 — 27, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on the relative strength index (RSI) will…

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Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9910. 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 0.9705. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0305. USD/CHF Forecast and Analysis September 23 — 27, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of the support line on the relative strength index…

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Bitcoin BTC/USD ends the trading week at 10156 and continues to move as part of the correction and the formation of the «Triangle» model. 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 9505. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 14250. Bitcoin Forecast and Analysis September 23 — 27, 2019 In favor of raising BTC/USD quotes in the current trading week September…

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Ethereum ETH/USD closes the trading week at 215.34 and continues to move as part of the growth and formation of the inverted Head and Shoulders model. Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to fall and test the support level near the area of ​​170.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 325.00. Ethereum Forecast and Analysis September 23 — 27, 2019 In favor of raising the ETH/USD quotes for the current trading week September 23…

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Ripple XRP/USD complete the trading week at 0.2892 and continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a correction and test the support area near 0.2575. Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.4480. Ripple Forecast and Analysis September 23 — 27, 2019 In favor of the growth of XRP/USD quotes in the current trading week September 23 — 27, 2019,…

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Litecoin LTC/USD ends the trading week at 74.75 and continues to move as part of the correction and the bullish channel. Moving averages indicate the presence of a lateral trend, which will soon change in favor of a downtrend. At the moment, we should expect an attempt to correct and test the support area near the level of 70.00. Where again we should expect a rebound and an attempt to continue growth in Litecoin with a potential target above the level of 130.05. Litecoin Forecast and Analysis September 23 — 27, 2019 An additional signal in favor of the growth…

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Bitcoin Cash ends the trading week at 295.35 and continues to move as part of the correction and the formation of the «Triangle» model. 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 support area near the level of 280.55. Where again, a rebound is expected and an attempt to continue the growth of Bitcoin Cash with a potential target above the level of 455.00. Bitcoin Cash Forecast and Analysis September 23 — 27, 2019 An additional signal in…

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Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bearish trend for the pair, which has been going on for quite some time. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1066. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​1.1075. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0820.…

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