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.

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 1322 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we can expect an attempt at correction and a test of the support level near the 1310 area. Where can we expect a rebound and continued growth in the price of Gold with the goal above the level of 1355. XAU/USD Forecast and GOLD analysis June 12, 2019 In favor of reducing the XAU/USD quotes, a test of the upward…

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Silver continue to move as part of the correction. At the time of the publication of the forecast, prices for Silver amount to 14.64 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 14.75 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with the goal below the level of 14.25. XAG/USD Forecast Silver and Analysis June 12, 2019 In favor of raising the XAG/USD quotes, a test of the resistance line on the…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the fall and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. Quotes broke through the moving averages area, which may indicate pressure from buyers. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6580. At the moment, we should expect an attempt to continue the growth of the pair and the test of the resistance level near 0.6640. Further, in the framework of the Forex forecast, an attempt is expected to fall…

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Currency pair Dollar Franc USD/CHF continues to move in the framework of the decline and the downward channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9914. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9965. Then, a rebound and the continuation of the fall of the US dollar against the Swiss Franc with the goal below the level of 0.9765. In favor of the fall of…

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Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the 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 64.47. Moving averages indicate a downward trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, June 12, 2019, we should expect an attempt to reduce and test the support level near 64.40 rubles per US dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of…

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Bitcoin BTC/USD are trading at 7790 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 $138 926 135 307. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for June 12, 2019, we should expect an attempt to decline and a test of the support level near the 7525 region. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target…

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Ethereum ETH/USD are trading at 238.84 and continue to move as part of the correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $25 749 012 026. Moving averages indicate the presence of a short-term upward trend in Ethereum. At the moment, we should expect an attempt to decrease and test the lower boundary of the ascending channel near area 235. Where again we should expect a rebound and continued growth of the rate of Ethereum with a potential target above level 310. Ethereum Forecast and ETH/USD Analysis June 12, 2019 An…

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Litecoin LTC/USD traded at 126.69 and continue to move within the growth and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 927 451 818. Moving averages indicate the presence of an upward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 120.05 area. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 140.05. Litecoin Forecast and LTC/USD Analysis June 12, 2019 The test of the support line on the…

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Ripple XRP/USD are trading at 0.3859 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 $16 503 965 708. Moving averages indicate a short-term bullish trend on Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the area of ​​0.3815. Further, the continuation of cryptocurrency growth in the region above the level of 0.5155. Ripple Forecast and XRP/USD Analysis June 12, 2019 In favor of the growth of XRP/USD quotes, a…

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Bitcoin Cash BCH/USD are trading at 382.00 and continue to move as part of the correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $6 848 947 042. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for June 12, 2019, we should expect an attempt to continue the decline and a test of the support level near the 325.00 area. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential…

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