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 trading at 103 and continue to move as part of a decline. Cryptocurrency capitalization at the time of the publication of the forecast is $11 254 677 915. 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 area 110. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential goal below level 80. Ethereum Forecast and ETH/USD Analysis February 1, 2019 An additional signal in favor of the drop…

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Litecoin LTC/USD are trading at 29.57 and continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $1 904 850 402. Moving averages indicate a bearish trend in Litecoin. At the moment, we should expect an attempt to test the resistance level near the 30.75 area. From where it is again necessary to expect a rebound and the continuation of the fall of the Litecoin course with the goal below the level of 24.45. Litecoin Forecast and LTC/USD Analysis February…

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Ripple XRP/USD are trading at 0.3030 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $12 628 005 787. Moving averages indicate a bearish trend in Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the 0.2975 area. Further, the continuation of cryptocurrency growth in the region above the level of 0.3670. Ripple Forecast and XRP/USD Analysis February 1, 2019 In favor of the growth of XRP/USD quotes, a test of the broken trend line on the relative strength…

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Bitcoin Cash BCH/USD are trading at 111 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $2 023 619 343. Moving averages indicate a bearish trend in Bitcoin Cash. At the moment, we should expect an attempt to test the resistance level near area 120. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with a target below 75. Bitcoin Cash Forecast and Analysis BCH/USD February 1, 2019 In favor of reducing the BCH/USD quotes, a test of the…

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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 1.1432. 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 1.1235. EUR/USD Forecast Euro Dollar January 31, 2019 In favor of reducing the EUR/USD quotes, the resistance line test on the relative strength index (RSI) will come out. Cancellation of the…

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Currency pair Pound/Dollar GBP/USD continues to move in the ascending channel. At the time of the publication of the forecast, the pound to dollar rate is 1.3110. At the moment, we should expect an attempt to decrease and test the support area near the level of 1.2975. Where again we should expect a rebound and continued growth of the pound against the dollar. The aim of the upward movement of the currency pair, in the framework of the FOREX forecast for January 31, 2019, is the area at the level of 1.3395. GBP/USD Forecast Pound Dollar January 31, 2019 A…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the correction and the formation of the bearish wave «Wolfe Wave». At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.7199. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7235. Further, the continuation of the fall of quotations to the area below the level of 0.7110. AUD/USD Forecast Australian Dollar January 31, 2019 In favor of reducing the pair AUD/USD, a test of the downward trend…

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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 109.37. At the moment, we should expect an attempt to grow and test the resistance area near the level of 109.60. Further, the continuation of the fall of the USD/JPY pair to the area below the level of 108.25. USD/JPY Forecast Japanese Yen January 31, 2019 The test of the broken trend line on the relative strength index (RSI) will…

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Quotes of BRENT continue 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 price of BRENT oil is $ 61.45 per barrel. At the moment, we can expect an attempt to grow and test the resistance level near the area of ​​62.55 dollars per barrel. Further, the continuation of the fall of the oil in the region below the level of 54.80. BRENT Crude Oil Forecast and analysis January 31, 2019 In favor of lowering quotations and prices for oil BRENT will…

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Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the correction. At the time of the publication of the forecast, the exchange rate of the US dollar to the Canadian Dollar is 1.3235. At the moment, we should expect an attempt to reduce and test the support level near 1.3215. Further, the continuation of the rise of the currency pair on Forex. The potential target of the growth of quotations is the area above the level of 1.3560. USD/CAD Forecast Canadian Dollar January 31, 2019 In favor of the growth of quotations of the Canadian…

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