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 rise and the bull channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 66.93. Moving averages indicate an uptrend. As part of the USD/RUB forecast for tomorrow, September 4, 2019, we should expect an attempt to reduce and test the support level near the area of ​​65.35 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 70.25. USD/RUB Forecast Russian Ruble September…

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BTC/USD are trading at 10415 and continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Bitcoin’s cryptocurrency capitalization at the time of the publication of the forecast is $191 241 070 024. Moving averages indicate a bearish trend in Bitcoin. As part of the cryptocurrency forecast for September 4, 2019, we should expect an attempt to continue to fall and test the support level near the area of ​​9705. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above…

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ETH/USD are trading at 175.31 and continue to move as part of the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $19 301 864 126. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to grow 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 135.00. Ethereum Forecast and ETH/USD Analysis September 4, 2019 An…

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LTC/USD are trading at 67.83 and continue to move as part of the decline and the bearish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4 368 447 748. Moving averages indicate the presence of a short-term bearish trend for Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​75.05. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 50.05. Litecoin Forecast and LTC/USD Analysis September…

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XRP/USD are trading at 0.2566 and continue to move as part of the decline and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 361 594 477. Moving averages indicate the presence of a short-term downward trend for Ripple. At the moment, we should expect an attempt to correct the course of the digital asset and test the resistance level near the 0.2735 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2105. Ripple Forecast and XRP/USD Analysis September 4, 2019 In…

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BCH/USD are trading at 295.64 and continue to move as part of the decline and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 420 673 673. Moving averages indicate the presence of a short-term bearish trend for Bitcoin Cash. As part of the cryptocurrency rate forecast for September 3, 2019, one should expect an attempt to increase slightly and test the resistance level near the area of ​​310.00. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential target below the…

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Stock index Dow Jones continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 26043. Moving averages indicate a bearish trend on the index. At the moment, we should expect an attempt to upward correction of quotes and a test of the resistance level near the area of ​​26315. Further, a rebound and a continued decline in the quotes of the Dow Jones index in the region below the level of 24575 is expected. Dow Jones Index Forecast and Analysis September 4, 2019 In…

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Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the start of 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 forecast, the Euro/Dollar rate is 1.0983. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​1.1025. 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 1.0825. EUR/USD Forecast Euro Dollar September 3, 2019…

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Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2158. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to the next course growth and test the resistance area near the level of 1.2220. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The target of the downward movement of the currency pair, in the framework of the Forex…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Triangle» model. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6728. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6745. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6575. AUD/USD Forecast Australian Dollar September 3, 2019 In favor of reducing the pair AUD/USD, a test…

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