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.

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the framework of the decline and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6619. At the moment, we should expect an attempt to correct the pair and test the resistance level near 0.6650. Further, as part of Forex forecast and analytics, an attempt to continue the fall of the currency pair to the region below the level of 0.6485…

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Currency pair Dollar Franc USD/CHF continues to move within the framework of growth and the beginning of working out the inverted «Head and Shoulders» model. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9922. 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…

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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 63.48. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 30, 2019, we should expect an attempt of growth and a test of 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…

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Bitcoin BTC/USD are trading at 9491 and continue to move as part of the decline and downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $170 364 157 950. Moving averages indicate the presence of a bearish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, July 30, 2019, we should expect an attempt to fall and a test of the support level near the 8550 area. Bitcoin Forecast and Analysis BTC/USD July 30, 2019 A test of the support line on the relative strength indicator will be in favor of…

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Ethereum ETH/USD are trading at 207.30 and continue to move as part of the decline and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $22 503 644 686. Moving averages indicate a short-term bearish trend in Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the 210.00 area. Where can we expect a rebound again and the continuation of the fall in the rate of Ethereum with a potential target below the level of 135.00. Ethereum Forecast and ETH/USD Analysis July 30, 2019 An additional…

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Litecoin LTC/USD are trading at 88.75 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 644 561 816. Moving averages indicate a short-term downward trend in Litecoin. At the moment, we should expect an attempt to rise and test the resistance level near the area of ​​90.25. Where can we expect a rebound again and the continuation of the fall of the Litecoin course with a potential target below the level of 63.55. Litecoin Forecast and LTC/USD Analysis July 30, 2019 In favor of the growth of…

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Ripple XRP/USD are trading at 0.3061 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 $13 295 287 744. Moving averages indicate the presence of a short-term downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the 0.3235 area. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2435. Ripple Forecast and XRP/USD Analysis July 30, 2019 In favor of reducing the XRP/USD quotes,…

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Bitcoin Cash BCH/USD are trading at 307.34 and continue to move as part of the decline and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $5 528 525 732. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 30, 2019, we should expect an attempt to continue growth and test the resistance level near the 315.00 area. Where can we expect a rebound again and the continuation of the fall of Bitcoin Cash digital asset with…

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Stock index Dow Jones continue to move within the framework of the side correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the index is trading at level 27161. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​27145. Where is the rebound expected and the continuation of the fall of the Dow Jones stock index quotations to the area below the level of 27505. Dow Jones Index Forecast and Analysis July 30, 2019 In favor of…

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Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.1133. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1265. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target of the decline is the area below the level of 1.0625. EUR/USD Forecast and Analysis July 29 — August 2, 2019 In favor of the fall of the EUR/USD currency…

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