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 Canadian Dollar USD/CAD continues to move within the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3137. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near 1.3110. Further, the rebound and the continued growth of the currency pair. A potential target of such a movement of quotes is an area above the level of 1.3235. USD/CAD Forecast Canadian…

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GOLD continue to move within the correction and the ascending channel. At the time of the publication of the forecast, the price of Gold is $ 1,427 per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​1405. Where should we expect a rebound and continued growth in the price of Gold with the goal above the level of 1480. XAU/USD Forecast and GOLD analysis August 1, 2019 In favor of lifting quotes XAU/USD will test the rising trend line on…

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Silver continue to move through the growth and the rising channel. At the time of the publication of the forecast, the price of silver is 16.39 dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the area of ​​16.05. Where can we expect a rebound and continued growth in the price of Silver with the target above the level of 17.30. XAG/USD Forecast Silver and Analysis August 1, 2019 In favor of the growth of XAG/USD quotes, a test of the support…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the fall. Moving averages indicate the presence of a short-term bullish trend for the pair, which is nearing completion. At the time of publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6593. At the moment, we should expect an attempt to correct the pair and test the resistance level near 0.6635. Further, as part of FOREX forecast and analytics, an attempt is expected to continue the fall of the currency pair to the area below…

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Currency pair Dollar Franc USD/CHF continues to move in the framework of the growth and the upward channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9900. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9865. Then, the rebound and the beginning of the growth of the US dollar against the Swiss Franc with the goal above the level of 1.0070. USD/CHF Forecast Dollar Franc August 1,…

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Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the upward correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 63.39. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, August 1, 2019, we should expect an attempt to grow and test the resistance level near the area of ​​63.60 Rubles for the US Dollar. Then, a rebound and the continuation of the fall of the currency pair…

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Bitcoin BTC/USD are trading at the level of 10054 and continue to move as part of the growth and formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $179 398 328 352. Moving averages indicate a bitter trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, on August 1, 2019, we should expect an attempt to fall and a test of the support level near the 9150 area. Bitcoin Forecast and Analysis BTC/USD August 1, 2019 In favor of lifting the BTC/USD quotes, a test of the trend…

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Ethereum ETH/USD are trading at 214.62 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $23 336 429 700. Moving averages indicate a short-term bearish trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near the area of ​​200.00. Where can we again expect a rebound and continuation of the growth rate of Ethereum with a potential target above the level of 295.00. Ethereum Forecast and ETH/USD Analysis August 1,…

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Litecoin LTC/USD traded at 95.18 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $6 048 141 956. Moving averages indicate a short-term downward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 90.00 area. Where can we expect a rebound again and the continuation of the growth of the Litecoin rate with a potential target above the level of 135.00. Litecoin Forecast and LTC/USD Analysis August 1, 2019 In favor of the growth of LTC/USD quotes, the…

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Ripple XRP/USD are trading at 0.3167 and continue to move as part of the upward correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $13 771 797 416. Moving averages indicate a short-term downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​0.3215. Further, the continuation of the fall of cryptocurrency in the area below the level of 0.2380. Ripple Forecast and XRP/USD Analysis August 1, 2019 In favor of reducing the XRP/USD quotes, a…

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