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 to Russian Ruble USD/RUB completes the trading week near the level of 65.93 Rubles per US Dollar. The pair continues to move in the framework of growth and the rising channel. Moving averages indicate a bullish trend. In the current trading week August 26 — 30, 2019, we should expect a decrease and a test of the support area near the level of 63.45. Where can we expect a rebound and continued growth of the Dollar above the level of 70.45. USD/RUB Forecast and Analysis August 26 — 30, 2019 In favor of the rise of…

Read More

Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of ​​0.6741. The pair continues to move as part of the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 0.6915. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6420. AUD/USD Forecast and Analysis August 26 — 30, 2019 In favor of the fall of the pair on Forex, a test of the downward…

Read More

The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3319. The pair continues to move in the framework of growth and the rising channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​1.3155. Then continued growth of quotations with a target above the level of 1.3765. USD/CAD Forecast and Analysis August 26 — 30, 2019 In favor of the rise of the USD/CAD currency pair, a test of the support line on the relative strength index…

Read More

Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of ​​106.47. The pair continues to move within the correction and the bearish channel. 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 ​​104.65. Then the rebound and continued growth of the pair in the region above the level of 109.75. USD/JPY Forecast and Analysis August 26 — 30, 2019 A test of the support line on the relative strength index (RSI) will be in favor of…

Read More

GOLD closes the trading week near the area of ​​1502. Quotes XAU/USD continue to move as part of the growth and upward channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​1420. 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 August 26 — 30, 2019 In favor of the rise in quotations and GOLD prices in the current trading week from August 26 to 30, 2019,…

Read More

Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of ​​0.6372. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6535. Then the continuation of the fall of the currency pair with a potential target below the level of 0.6075. NZD/USD Forecast and Analysis August 26 — 30, 2019 In favor of the fall of the currency pair NZD/USD, a test of the downward resistance line on the relative strength index (RSI) will…

Read More

Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9839. 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 0.9725. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0055. USD/CHF Forecast and Analysis August 26 — 30, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of the support line on the relative strength index…

Read More

Bitcoin BTC/USD ends the trading week at 10175 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 reduce and test the support area near the level of 9100. 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 15350. Bitcoin Forecast and Analysis August 26 — 30, 2019 In favor of raising the BTC/USD quotes in the current trading week on August…

Read More

Ethereum ETH/USD ends the trading week at 189.58 and continues to move as part of the decline and the formation of the bullish pattern. Moving averages indicate a flat trend. At the moment, we should expect an attempt to fall and test the support level near the area of ​​135.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 315.00. Ethereum Forecast and Analysis August 26 — 30, 2019 In favor of raising the ETH/USD quotes for the current trading week August 26 — 30, 2019, a…

Read More

Ripple XRP/USD end the trading week at 0.2697 and continue to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to rise and test the resistance area near 0.3105. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1545. Ripple Forecast and Analysis August 26 — 30, 2019 In favor of reducing the XRPUSD quotes in the current trading week August 26 — 30, 2019, a test of the downward trend line on the relative strength index (RSI)…

Read More