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 66.72. Moving averages indicate an uptrend. As part of the USD/RUB forecast for tomorrow, August 30, 2019, we should expect an attempt to reduce and test the support level near the area of ​​65.70 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the region above the level of 68.65. USD/RUB Forecast Russian Ruble August…

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BTC/USD are trading at 9413 and continue to move as part of the decline and the bearish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $170 247 766 333. Moving averages indicate a bearish trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, August 30, 2019, we should expect an attempt to correct and test the resistance level near area 9835. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below area 8805. Bitcoin Forecast and Analysis BTC/USD August…

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ETH/USD are trading at 166.27 and continue to move in the framework of the bearish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $18 223 592 369. 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 ​​175.25. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 150.00. Ethereum Forecast and ETH/USD Analysis August 30, 2019…

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LTC/USD are trading at 64.10 and continue to move as part of the decline. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $ 4 135 619 905. 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 ​​67.45. Where again we should expect a rebound and a continued fall in the rate of Litecoin with a potential target below the level of 58.05. Litecoin Forecast and LTC/USD Analysis August 30, 2019 In…

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XRP/USD are trading at 0.2491 and continue to move as part of the decline 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 $10 870 554 164. Moving averages indicate the presence of a short-term bearish 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 0.2575 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2235. Ripple Forecast and…

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BCH/USD are trading at 289.60 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 $5 069 529 475. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 30, 2019, one should expect an attempt to increase slightly and test the resistance level near the area of ​​290.55. Where again we should expect a rebound and the continued fall of the digital asset Bitcoin Cash with a potential target below…

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Stock index Dow Jones continue to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the index is trading at 26301. Moving averages indicate a bearish trend on the index. At the moment, we should expect an attempt to develop a bullish correction of quotes and a test of the resistance level near the area of ​​26450. Here is the upper border of the «Triangle» model. Further, a rebound is expected and a continued fall in the quotes of the Dow Jones stock index to the area…

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Currency pair Euro/Dollar EURUSD continues to move as part of the correction and the downward channel. 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 1.1079. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​1.1115. 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 1.0975. EUR/USD Forecast Euro Dollar August 29, 2019 An additional signal in favor…

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Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. Quotes showed a rebound from the upper border of the channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2206. 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 1.2305. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The purpose of the downward…

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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 0.6742. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6755. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6605. AUD/USD Forecast Australian Dollar August 29, 2019 In favor of reducing the pair AUD/USD, a test…

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