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.

Litecoin LTC/USD are trading at 32.41 and continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $2 048 741 414. Moving averages indicate the presence of a side trend for Litecoin. At the moment, we should expect an attempt to test the resistance level near the 33.10 area. Where can we again expect a rebound and the continuation of the fall of the Litecoin course with the target below the level of 26.85. Litecoin Forecast and LTC/USD Analysis February…

Read More

Ripple XRP/USD are trading at 0.2921 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $12 291 708 413. Moving averages indicate a bearish trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the 0.3000 area. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2765. Ripple Forecast and XRP/USD Analysis February 6, 2019 In favor of falling XRP/USD quotes, a test of the downward trend line on the relative strength index…

Read More

Bitcoin Cash BCH/USD are trading at 115 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $2 077 048 764. Sliding averages indicate the presence of a bearish trend in Bitcoin Cash. At the moment, we should expect an attempt to test the resistance level near area 120. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with a target below the level of 90. Bitcoin Cash Forecast and Analysis BCH/USD February 6, 2019 In favor of reducing the…

Read More

Currency pair Euro/Dollar EUR/USD continues to move in the ascending channel. At the time of the publication of the forecast, the euro/dollar rate is 1.1439. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​1.1485. Further, the continuation of the fall of the currency pair Euro/Dollar. A potential target of such a movement is the area below the level of 1.1235. EUR/USD Forecast Euro Dollar February 5, 2019 In favor of reducing the EUR/USD quotes, a test of the resistance line on the relative strength index (RSI) will come out.…

Read More

Currency pair Pound/Dollar GBP/USD continues to move in the ascending channel. At the time of publication of the forecast, the pound to dollar rate is 1.3070. At the moment, we should expect an attempt to decrease and test the support area near the level of 1.2995. Where again we should expect a rebound and continued growth of the pound against the dollar. The purpose of the upward movement of the currency pair, in the framework of the FOREX forecast for February 5, 2019, is the area at the level of 1.3375. GBP/USD Forecast Pound Dollar February 5, 2019 A test…

Read More

Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the correction and the formation of the bearish wave «Wolfe Wave». At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.7230. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7295. Further, the continuation of the fall of quotations to the area below the level of 0.7105. AUD/USD Forecast Australian Dollar February 5, 2019 In favor of reducing the pair AUD/USD, a test of the downward trend…

Read More

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.78. At the moment, we should expect an attempt to grow and test the resistance area near the level of 109.95. Further, the continuation of the fall of the USD/JPY pair to the area below the level of 106.25. USD/JPY Forecast Japanese Yen February 5, 2019 In favor of reducing the pair USD/JPY will test the downward trend line on the…

Read More

Quotes of BRENT continue to move as part of the correction and the formation of the bearish wave «Wolfe Wave». At the time of the publication of the forecast, the price of BRENT oil is $ 62.75 per barrel. At the moment, we can expect an attempt to grow and test the resistance level near the area of ​​63.75 dollars per barrel. Further, the continuation of the fall of the oil in the region below the level of 59.75. BRENT Crude Oil Forecast and analysis February 5, 2019 In favor of lowering quotations and prices for oil BRENT will test…

Read More

Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the correction. At the time of publication of the forecast, the exchange rate of the US dollar to the Canadian Dollar is 1.3103. At the moment, we should expect an attempt to fall and a test of the support level near 1.3055. Further, the continued growth of the currency pair in Forex. The potential goal of raising quotes is the area above the level of 1.3345. USD/CAD Forecast Canadian Dollar February 5, 2019 In favor of the growth of quotations of the Canadian Dollar will test…

Read More

Quotes of GOLD continue to move within the correction. At the time of the publication of the forecast, the price of GOLD is 1312 Dollars per Troy Oz. At the moment, we should expect an attempt to fall and a test of the support level near the area of ​​1300. Where should we expect a rebound and continued growth in the price of GOLD with the goal above the level of 1345. XAU/USD Forecast and GOLD analysis February 5, 2019 In favor of the growth of quotations XAU/USD will speak of the rising trend line on the indicator of relative…

Read More