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.

Ethereum ETH/USD are traded at 113 and continue to move as part of the decline and start to work on the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $12 193 415 662. Moving averages indicate a downward trend in Ethereum. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of ​​120. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below level 95. Ethereum Forecast and ETH/USD Analysis January…

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Litecoin LTC/USD traded at 29.04 and continue to move in the framework of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $1 860 969 726. Moving averages indicate a downward trend in Litecoin. At the moment, we should expect an attempt to test the resistance level near 29.45. Where once again we should expect a rebound and the continuation of the fall of the Litecoin course with the goal below the level of 27.55. Litecoin Forecast and LTC/USD Analysis January 23, 2019 In favor of reducing the…

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Ripple XRP/USD are trading at 0.3123 and continue to move as part of the fall. Cryptocurrency capitalization at the time of the publication of the forecast is $12 960 915 236. 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 area of ​​0.3320. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2545. Ripple Forecast and XRP/USD Analysis January 23, 2019 In favor of falling XRP/USD quotes, a test of the downward trend line on the relative strength…

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Bitcoin Cash BCH/USD are trading at 119 and continue to move as part of the decline and the beginning of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $2 143 851 592. Moving averages indicate a bearish trend in Bitcoin Cash. At the moment, we should expect an attempt to test the resistance level near the area of ​​125. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with the goal below the level of 100. Bitcoin Cash Forecast and Analysis BCH/USD January 23,…

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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 1.1382. At the moment, we should expect an attempt to reduce and test the support level near the 1.1355 area. Further, the continuation of the growth of the currency pair Euro/Dollar. A potential goal of such a movement is the area above the level of 1.1485. Where to expect the completion of the formation of the «Head and Shoulders» reversal pattern. EUR/USD Forecast Euro Dollar January 22, 2019 A test of the support line on the…

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Currency pair Pound/Dollar GBP/USD continues to move within the downward channel. At the time of the publication of the forecast, the pound/dollar rate is 1.2871. At the moment, we should expect an attempt to drop and test the area of ​​support near the level of 1.2735. 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 January 22, 2019, is the area at the level of 1.3135. GBP/USD Forecast Pound Dollar January 22, 2019 A test…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction and the downward channel. At the time of the publication of the forecast, the Australian Dollar to US dollar rate is 0.7166. At the moment, we should expect an attempt to grow and test the upper limit of the «Triangle» model near the level of 0.7195. Further, the continuation of the fall of quotations to the area below the level of 0.6995. In favor of reducing the pair AUD/USD, a test of the downward trend line on the relative strength index (RSI) will come out. Cancellation…

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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 109.60. 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 January 22, 2019 In favor of reducing the pair USD/JPY will test the downward trend line on the…

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Quotes of BRENT continue to move as part of the correction. At the time of the publication of the forecast, the price of BRENT oil is $ 62.49 per barrel. At the moment, we can expect an attempt to grow and test the resistance level near the area of ​​64.50 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 53.50. BRENT Crude Oil Forecast and analysis January 22, 2019 In favor of reducing the quotations and prices for oil BRENT will test the resistance line on the indicator of relative…

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Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3272. At the moment, we should expect an attempt to reduce and test the support level near 1.3240 area. Further, the continued growth of the currency pair on Forex. The potential goal of raising quotes is the area above the level of 1.3365. USD/CAD Forecast Canadian Dollar January 22, 2019 In favor of the growth of quotations of the Canadian Dollar will test the rising…

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