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.

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 exchange rate of the US Dollar to the South African Rand is 13.87. At the moment, we should expect an attempt to fall and a test of the support level near the 13.75 area. Further, the pair continues to grow to the area above the level of 14.45. USD/ZAR forecast South African Rand January 22, 2019 In favor of the growth of quotations, the South African Rand will test the broken trend…

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Bitcoin BTC/USD are trading at 3513 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $63 502 356 553. 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 ​​3575. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with the goal below 3260. Bitcoin Forecast and Analysis BTC/USD January 22, 2019 In favor of the fall in BTC/USD quotes, a…

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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 $ 12,254,576,158. 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 region of 115. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below the level of 90. Ethereum Forecast and ETH/USD Analysis January…

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Litecoin LTC/USD are trading at 29.22 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $1 865 830 967. Moving averages indicate a bearish trend in Litecoin. At the moment, we should expect an attempt to test the resistance level near the area of ​​31.25. From where it is again necessary to expect a rebound and the continuation of the fall of the Litecoin course with the target below the level of 24.50. Litecoin Forecast and LTC/USD Analysis January 22, 2019 The test of the broken trend line…

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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 $13 061 108 247. 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 ​​0.3300. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2655. Ripple Forecast and XRP/USD Analysis January 22, 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 $2 146 857 256. 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 105. Bitcoin Cash Forecast and Analysis BCH/USD January 22,…

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Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1394 area. The pair continues to move within the bullish 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 1.1525. Where is expected to rebound and the continuation of the fall of the euro/dollar. The potential target of the decline is the area below the level of 1.1025. EUR/USD Forecast and Analysis January 21 — 25, 2019 In favor of the fall of the EUR/USD currency pair at Forex, a test…

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BRENT crude oil complete the trading week near the area of ​​61.68 dollars per barrel. And it continues to move within the framework of the correction and the formation of a reversal pattern. Moving averages indicate a downward trend. At the moment, we should expect an attempt to fall and test the support area near the level of 57.50. Then continued growth of oil in the area above the level of 69.20 dollars per barrel. BRENT crude oil Forecast and Analysis January 21 — 25, 2019 An additional signal in favor of raising quotations of oil this week will be…

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Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2935 area. The pair continues to move within the bearish channel. Moving averages indicate a downward trend. At this point we should expect an attempt to grow and test the resistance area near the level of 1.3015. Further, the continuation of the decline in quotations of the pound/dollar to the area below the level of 1.2375. GBP/USD Forecast and Analysis January 21 — 25, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI). Cancellation of…

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Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 66.42 Rubles for the US Dollar. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate an uptrend. In the current trading week of January 21 — 25, 2019, a decline is expected and a test of the support area near the level of 66.00. Where can we expect a rebound and continued growth of the dollar above 69.25. USD/RUB Forecast and Analysis January 21 — 25, 2019 In favor of the growth…

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