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 traded at 29.03 and continue to move within the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $1 873 004 742. Moving averages indicate a bearish trend in Litecoin. At the moment, we should expect an attempt to test the resistance level near 30.80. Where can we again expect a rebound and the continuation of the fall of the Litecoin course with the goal below the level of 23.85. Litecoin Forecast and LTC/USD Analysis January 29, 2019 In favor of lowering LTC/USD quotes, a test of the downward trend line on the relative…

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Ripple XRP/USD are trading at 0.2874 and continue to move in line with the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $11 984 478 224. 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 0.2950 area. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2450. Ripple Forecast and XRP/USD Analysis January 29, 2019 In favor of falling XRP/USD quotes, a test of the downward trend line on the relative strength index…

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Bitcoin Cash BCH/USD are trading at 109 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $1 972 637 011. Sliding averages indicate the presence of a downward trend in Bitcoin Cash. At the moment, we should expect an attempt to test the resistance level near the region of 115. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with a goal below level 70. Bitcoin Cash Forecast and Analysis BCH/USD January 29, 2019 The test of the broken…

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Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.1326. The pair continues to move in decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.1505. 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 1.0935. EUR/USD Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of the EUR/USD currency pair at Forex, a test of the downward…

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BRENT crude oil complete the trading week near the area of ​​$ 61.17 per barrel. And it continues to move within the correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 54.95. Then, the continuation of the fall of oil into the region below the level of 49.65 dollars per barrel. BRENT oil Forecast and Analysis January 28 — February 1, 2019 An additional signal in favor of reducing the quotations of oil this week will be a test of the trend line…

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Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3078 area. The pair continues to move within the descending channel. Moving averages indicate a bearish trend. At this point we should expect an attempt to grow and test the resistance area near the level of 1.3155. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2395. GBP/USD Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI). Cancellation…

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Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 66.08 Rubles for the US Dollar. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate an uptrend. In the current trading week, January 28 — February 1, 2019, a decline is expected and a test of the support area near the level of 65.90. Where can we expect a rebound and the continued growth of the dollar above the level of 68.55. USD/RUB Forecast and Analysis January 28 — February 1, 2019…

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Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of ​​0.7097. The pair continues to move within the correction. 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 0.7165. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6765. AUD/USD Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength…

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The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3325. The pair continues to move within the correction. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the 1.3235 area. Then the growth of quotations continued with the goal above the level of 1.3685. USD/CAD Forecast and Analysis January 28 — February 1, 2019 The test of the rising trend line on the relative strength index (RSI) will be in favor of raising the USD/CAD currency pair. Cancellation of the growth…

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Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the 109.79 area. The pair continues to move within the upward correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​110.35. Then rebound and the continuation of the fall of the pair in the area below the level of 105.90. USD/JPY Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of the pair Dollar/Yen will test the downward trend line on the indicator…

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