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 downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3062. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to rise and test the resistance level near the area 1.3110. Further, the rebound and the continuation of the fall of the currency pair. The potential target of such a movement of quotations is the area below the level of 1.2925. USD/CAD Forecast Canadian…

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GOLD continue to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1,417 Dollars 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 ​​1410. Where can we expect a rebound and continued growth in the price of GOLD with the goal above the level of 1485. XAU/USD Forecast and GOLD analysis July 18, 2019 In favor of lifting quotes XAU/USD will…

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Silver continue to move through strong growth and a rising channel. At the time of the publication of the forecast, the price of Silver is 15.81 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 ​​15.60. Where can we expect a rebound and continued growth in the price of Silver with the goal above the level of 16.15. XAG/USD Forecast Silver and Analysis July 18, 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 as part of the growth and formation of the downward wave «Wolfe Wave». 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 0.6727. At the moment, we should expect an attempt to grow the pair and test the resistance level near the area of ​​0.6765. Further, in the framework of FOREX forecast and analytics, an attempt is expected to continue the fall of the currency…

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Currency pair Dollar Franc USD/CHF continues to move in the framework of a slight growth and the formation of a reversal pattern of an inverted «Head and Shoulders». At the time of publication of the Forex forecast, the rate of the US dollar to the Swiss Franc is 0.9876. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9810. Then, a rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the target above…

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Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a decline 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 62.82. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 18, 2019, we should expect an attempt of growth and a test of the support level near the area of ​​62.35 rubles for the US dollar. Then, the rebound and the continued growth of the currency pair in the region above…

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Bitcoin BTC/USD are trading at 10698 and continue to move as part of the correction and the formation of the «Wolfe Wave» bull model. Cryptocurrency capitalization at the time of the publication of the forecast is $173 459 986 377. Moving averages indicate the presence of a downward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 18, 2019, we should expect an attempt to decline and a test of the support level near the region of 8850. Where should we again expect a rebound and an attempt to continue the growth of the Bitcoin rate…

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Ethereum ETH/USD are trading at 210.65 and continue to move as part of a decline and a downward channel. Cryptocurrency capitalization at the time of publication of the forecast is $22 638 605 563. Moving averages indicate a short-term bearish trend in Ethereum. At the moment, we should expect an attempt to continue growth and test the upper boundary of the downward channel near the area of ​​255.00. Where once again we should expect a rebound 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…

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Litecoin LTC/USD are trading at 89.29 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 593 533 046. 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 ​​105.65. 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 60.00. Litecoin Forecast and LTC/USD Analysis July 18, 2019 In favor of the growth of…

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Ripple XRP/USD are trading at 0.3097 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $13 268 779 072. 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 ​​0.3575. Further, the continuation of the fall of cryptocurrency in the area below the level of 0.2355. Ripple Forecast and XRP/USD Analysis July 18, 2019 In favor of reducing the XRP/USD quotes, a test of the downward trend line on the…

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