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 ends the week at 105 and continues to move as part of the correction and the formation of the head and shoulders reversal pattern. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and maintain the test level near area 90. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 285. Ethereum Forecast and Analysis February 11 — 15, 2019 A test of the support line on the relative strength index (RSI) will be in favor of the…

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Ripple XRP/USD close the trading week at 0.2932 and continue to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support level near the 0.2800 area. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.5145. Ripple Forecast and Analysis February 11 — 15, 2019 In favor of the growth of XRP/USD quotes in the current trading week on February 11 — 15, 2019, a test of the rising trend line…

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Litecoin LTC/USD ends the trading week at 35.72 and continues to move as part of growth. Moving averages indicate a bearish trend. At the moment, we can expect an attempt to test the support area near the level of 30.50. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a target above the level of 47.00. Litecoin Forecast and Analysis February 11 — 15, 2019 The test of the support line on the relative strength index (RSI) will be in favor of raising LTC/USD quotes on the current trading week of February 11…

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Bitcoin Cash ends the trading week at level 116 and continues to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to decline and a test of the support area near the level of 90. Where again we should expect a rebound and an attempt to continue growth on Bitcoin Cash with a goal above the level of 235. Bitcoin Cash Forecast and Analysis February 11 — 15, 2019 An additional signal in favor of the growth of BCH/USD quotes on the current trading week of February 11 —…

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Currency pair Euro/Dollar EUR/USD continues to move in the framework of decline. At the time of the publication of the forecast, the euro/dollar rate is 1.1350. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1415 area. Further, the continuation of the fall of the currency pair Euro/Dollar. The potential target of such a movement is the area below the level 1.1125. EUR/USD Forecast Euro Dollar February 8, 2019 In favor of reducing the EUR/USD quotes, a test of a broken trend line on the relative strength index (RSI) will be made.…

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Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound to dollar rate is 1.2946. At the moment, we should expect an attempt to rise and test the resistance area near the level of 1.3035. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the downward movement of the currency pair, in the framework of the FOREX forecast for February 8, 2019, is the…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move in decline. At the time of publication of the forecast, the Australian Dollar to US Dollar rate is 0.7107. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7155. Further, the continuation of the fall of quotations to the area below the level of 0.6935. AUD/USD Forecast Australian Dollar February 8, 2019 In favor of reducing the pair AUD/USD, a test of the bearish trend line on the relative strength index (RSI) will be performed. The second signal will…

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Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.76. At the moment, we should expect an attempt to fall and test the support area near the level of 109.05. Further, the continued growth of the USD/JPY pair to the area above the level of 112.55. USD/JPY Forecast Japanese Yen February 8, 2019 A test of the rising trend line on the relative strength index (RSI) will be in…

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Quotes of BRENT continue to move as part of the correction. At the time of publication of the forecast, the price of BRENT oil is $ 62.12 per barrel. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​63.35 dollars per barrel. Further, the continuation of the fall of the oil in the area below 58.30. BRENT Crude Oil Forecast and analysis February 8, 2019 In favor of lowering quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). As well…

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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 1.3261. At the moment, we should expect an attempt to fall and a test of the support level near the area of ​​1.3195. Further, the continued growth of the currency pair in FOREX. The potential target of raising quotes is the area above the level of 1.3425. USD/CAD Forecast Canadian Dollar February 8, 2019 In favor of the growth of quotations of the Canadian Dollar…

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