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 in an upward correction and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.73. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 10, 2019, we should expect an attempt to grow and test the resistance level near the region of 63.85 rubles for the US dollar. Then, a rebound and the continuation of the fall of the currency pair in the area below the…

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Bitcoin BTC/USD are trading at 12291 and continue to move as part of the growth and start of testing the «Head and Shoulders» reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $219 516 394 124. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 10, 2019, we should expect an attempt to decline and a test of the support level near the region of 11850. Where should we again expect a rebound and an attempt to continue the growth of the Bitcoin…

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Ethereum ETH/USD are trading at 309.91 and continue to move within the correction and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $33 332 477 150. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to continue the fall and test the lower boundary of the ascending channel near the area of ​​295.00. Where can we expect a rebound again and the continuation of the growth rate of Ethereum with a potential target above the level of 345.00. Ethereum Forecast and ETH/USD Analysis July 10,…

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Litecoin LTC/USD are trading at 119.44 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 $7 510 902 778. Moving averages indicate the presence of a short-term upward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 115.65 area. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 155.00. Litecoin Forecast and LTC/USD Analysis July 10, 2019 In…

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Ripple XRP/USD are trading at 0.3935 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $16 896 848 263. Sliding averages indicate the presence of a short-term downward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​0.3765. Further, the continuation of the growth of cryptocurrency in the region above the level of 0.4575. Ripple Forecast and XRP/USD Analysis July 10, 2019 In favor of lifting XRP/USD quotes, a test of the rising trend line…

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Bitcoin Cash BCH/USD traded at 417.78 and continue to move as part of the growth and the beginning of the development of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $7 469 657 502. Moving averages indicate the presence of a short-term bullish trend on Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 10, 2019, we should expect an attempt to continue the decline and a test of the support level near the area of ​​400.05. Where can we again expect a rebound and continued growth of the digital…

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Stock index Dow Jones continue to move in the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 26694. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​26505. Where is the rebound expected from and continued growth of the Dow Jones stock index in the region above the level of 27085. Dow Jones Index Forecast and Analysis July 10, 2019 In favor of the rise of quotations of the stock index on July 10,…

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Bitcoin Cash BCH/USD are trading at 411.68 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 $7 387 012 460. Moving averages indicate the presence of a short-term bullish trend on Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 9, 2019, we should expect an attempt to continue the decline and a test of the support level near the 400.05 area. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash…

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Currency pair Euro/Dollar EUR/USD continues to move as part of a decline and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. At the time of the publication of the forecast, the euro rate to the US Dollar is 1.1287. At the moment, we should expect an attempt to continue growth and test the resistance area near the 1.1345 area. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential goal of such movement and working out the head and shoulders reversal pattern is the area below the level of…

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Currency pair Pound/Dollar GBP/USD continues to move within the correction and the bearish channel. At the time of the publication of the forecast, the pound rate to the US Dollar at Forex is 1.2519. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to rise and test the resistance area near the level of 1.2575. Where again we should expect a rebound and the continuation of the fall of the British Pound against the US dollar. The aim of the downward movement of the currency pair, in the FOREX forecast for July 9, 2019,…

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