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 close the trading week near the 1283 area. The quotes continue to move within the bullish channel. Moving averages indicate a lateral trend. At the moment, it is worth expecting an attempt to reduce and test the support level near the area of ​​1265. Further continuation of the growth of the price of GOLD with a potential target above the level of 1355. GOLD Forecast and Analysis January 28 — February 1, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week January 28 — February 1, 2019 will test the rising…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6769 area. The pair continues to move within the correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6825. Then, the currency pair will continue to fall with a potential target below the level of 0.6445. NZD/USD Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative…

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Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9961. The pair continues to move in growth. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9865. Further, the continuation of the pair with a goal above 1.0235. USD/CHF Forecast and Analysis January 28 — February 1, 2019 In favor of the growth of the Dollar/Franc will perform a test line of support on the indicator of relative strength index (RSI). Cancellation of the growth option USD/CHF will be the fall and…

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Bitcoin BTC/USD ends the trading week at 3541 and continues to move as part of the decline and the formation of the «Triangle» model. 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 3765. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below the level of 2250. Bitcoin Forecast and Analysis January 28 — February 1, 2019 In favor of reducing the BTC/USD quotes in the current trading week of…

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Ethereum ETH/USD ends the trading week at level 113 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt of growth and a test of the upper boundary of the downward channel near the area of ​​135. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below level 60. Ethereum Forecast and Analysis January 28 — February 1, 2019 In favor of the fall in ETH/USD quotes on the current trading week of January…

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Ripple XRP/USD close the trading week at the level of 0.3105 and continue to move as part of the decline. 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 ​​0.3670. Where once again we should expect a rebound and the continuation of the decline of cryptocurrency in the region below the level of 0.2150. Ripple Forecast and Analysis January 28 — February 1, 2019 In favor of the fall of XRP/USD quotes in the current trading week of January 28 — February 1, 2019,…

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Litecoin LTC/USD ends the trading week at 30.93 and continues to move as part of the correction and the formation of a reversal pattern. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 32.50. Where can we expect a rebound again and an attempt to continue the decline of Litecoin with a target below the level of 18.50. Litecoin Forecast and Analysis January 28 — February 1, 2019 In favor of lowering the LTC/USD quotes in the current trading week of January 28 — February 1,…

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Bitcoin Cash ends the trading week at 124 and continues to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt of growth and a test of the resistance area near the level of 155. Where again we should expect a rebound and an attempt to continue the decline in Bitcoin Cash with a goal below 65. Bitcoin Cash Forecast and Analysis January 28 — February 1, 2019 An additional signal in favor of the fall of BCH/USD quotes on the current trading week January 28 — February 1, 2019…

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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 1.1342. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1465 area. 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 1.1150. EUR/USD Forecast Euro Dollar January 25, 2019 In favor of reducing the EUR/USD quotes, a test of the resistance line on the relative strength index (RSI) will come out. As…

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Currency pair Pound/Dollar GBP/USD continues to move in the upward channel. At the time of publication of the forecast, the pound to dollar rate is 1.3044. At the moment, we should expect an attempt to grow and test the area of ​​resistance near the level of 1.3095. Where again we should expect a rebound and the continuation of the decline of the pound against the dollar. The target of the downward movement of the currency pair, in the framework of the FOREX forecast for January 25, 2019, is the area at the level of 1.2865. GBP/USD Forecast Pound Dollar January…

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