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.

Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of the correction and the formation of the Triangle model. At the time of the publication of the forecast, the exchange rate of the US dollar to the Russian ruble is 66.66. At the moment, we should expect an attempt to reduce and test the support level near the region of 66.35 Rubles for the US dollar. Then, the pair continues to grow to an area above 69.25. USD/RUB Forecast Russian Ruble January 17, 2019 The test of the trend line on the relative strength index (RSI) will…

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The currency pair of the US Dollar South African Rand USD/ZAR continues to move within the ascending channel. At the time of the publication of the forecast, the rate of the US Dollar to the South African Rand is 13.66. At the moment, we should expect an attempt to fall and a test of the support level near the area of ​​13.60. Further, the continuation of the growth of the pair to the area above the level of 14.35. USD/ZAR forecast South African Rand January 17, 2019 In favor of the growth of quotations, the South African Rand will break…

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Bitcoin BTC/USD are trading at 3599 and continue to move as part of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $63 986 662 485. Moving averages indicate a bearish trend in Bitcoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​3635. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below the level of 3250. Bitcoin Forecast and Analysis BTC/USD January 17, 2019 The formation of the «Head…

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Ethereum ETH/USD are trading at 120 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $12 960 081 358. Moving averages indicate a downward trend in Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​130. Where again we should expect a rebound and the continuation of the fall of the Ethereum rate with a potential goal below the level of 90. Ethereum Forecast and ETH/USD Analysis January 17, 2019 An additional signal in favor of a…

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Litecoin LTC/USD are trading at 29.59 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $1 911 882 105. Moving averages indicate a downward trend in Litecoin. At the moment, we should expect an attempt to test the resistance level near 30.50. Where can we again expect a rebound and the continuation of the fall of the Litecoin course with the goal below the level of 25.00. Litecoin Forecast and LTC/USD Analysis January 17, 2019 In favor of lowering LTC/USD quotes,…

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Ripple XRP/USD are trading at 0.3256 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $13 641 427 952. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the 0.3400 area. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2765. Ripple Forecast and XRP/USD Analysis January 17, 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 127 and continue to move in the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $2 288 695 223. Moving averages indicate a downward trend in Bitcoin Cash. At the moment, we should expect an attempt to test the resistance level near the area of ​​130. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with a goal below the level of 100. Bitcoin Cash Forecast and Analysis BCH/USD January 17, 2019 In favor of the fall in BCH/USD…

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Stock index DAX 30 continue to move within the bearish channel. At the moment of publication of the forecast, the exchange index rate is 10876. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​11005. Where should we expect a rebound and the continuation of the fall of the DAX 30 quotes to the area below the level of 10215. DAX 30 Index Forecast and Analysis January 17, 2019 In favor of reducing the stock index quotes, a test of the trend line on the relative strength index (RSI) will…

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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 1.1429. At the moment, we should expect an attempt to reduce and test the support level near the 1.1405 area. Where can we expect a rebound and continued growth of the euro/dollar currency pair. A potential goal of such a movement is the area above the level of 1.1595. EUR/USD Forecast Euro Dollar January 16, 2019 A test of the rising trend line on the relative strength index (RSI) will be in favor of raising…

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Currency pair Pound/Dollar GBP/USD continues to move in the upward channel. At the time of the publication of the forecast, the pound to dollar rate is 1.2833. At the moment, we should expect an attempt to grow and test the area of ​​resistance near the level of 1.2915. Where again we should expect a rebound and the continuation of the decline of the pound against the dollar. The purpose of the bearish movement of the currency pair, in the framework of the FOREX forecast for January 16, 2019, is the area at the level of 1.2535. GBP/USD Forecast Pound Dollar…

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