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 Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7175 area. The pair continues to move within the correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7295. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6805. AUD/USD Forecast and Analysis January 21 — 25, 2019 In favor of the fall of the pair on Forex will test the downward trend line on the indicator of relative strength index (RSI).…

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The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3272. The pair continues to move within the downward correction. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and a test of the support level near 1.3235. Then, the growth of quotations with the goal above the level of 1.3665. USD/CAD Forecast and Analysis January 21 — 25, 2019 The test of the rising trend line on the relative strength index (RSI) will be in favor of raising the USD/CAD currency pair. Cancellation of the growth option…

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Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the 109.56 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 grow and test the resistance level near the area of ​​109.95. Then rebound and the continuation of the fall of the pair in the area below the level of 105.85. USD/JPY Forecast and Analysis January 21 — 25, 2019 In favor of the fall of the pair Dollar/Yen will test a downward trend line on the indicator of…

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GOLD close the trading week near the 1285 area. The quotes continue to move in the ascending channel. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​1265. Further, the continued increase in the price of GOLD with a potential target above the level of 1365. GOLD Forecast and Analysis January 21 — 25, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week of January 21 — 25, 2019, a test of the rising trend line…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6752 area. The pair continues to move within the 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 0.6840. Then, the currency pair will continue to fall with a potential target below the level of 0.6435. NZD/USD Forecast and Analysis January 21 — 25, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative strength…

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Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9943. The pair continues to move in growth. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9815. Further, the continuation of the growth of the pair with the target above level 1.0225 USD/CHF Forecast and Analysis January 21 — 25, 2019 In favor of the growth of the Dollar/Franc will perform a test line of support on the indicator of relative strength index (RSI). Cancellation of the growth option USD/CHF will be…

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Bitcoin BTC/USD ends the trading week at the level of 3613 and continues to move as part of the decline and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 3985. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below the level of 2250. Bitcoin Forecast and Analysis BTC/USD January 21 — 25, 2019 In favor of reducing the BTC/USD quotes in the current…

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Ethereum ETH/USD ends the trading week at 120 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt of growth and a test of the upper boundary of the downward channel near region 140. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below level 50. Ethereum Forecast and Analysis ETH/USD January 21 — 25, 2019 In favor of the fall in ETH/USD quotes on the current trading week of January 21 — 25,…

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Ripple XRP/USD close the trading week at 0.3210 and continue to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​0.3650. Where again we should expect a rebound and the continuation of the decline of cryptocurrency in the region below the level of 0.2200. Ripple Forecast and Analysis XRP/USD January 21 — 25, 2019 In favor of the fall of XRP/USD quotes in the current trading week of January 21 — 25, 2019, a test of the downward…

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Litecoin LTC/USD ends the trading week at 29.78 and continues to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to test the resistance area near the level of 34.50. From where it is again necessary to expect a rebound and an attempt to continue the decline of Litecoin with the goal below the level of 17.00. Litecoin Forecast and Analysis LTC/USD January 21 — 25, 2019 In favor of lowering LTC/USD quotes in the current trading week of January 21 — 25, 2019, a resistance line test on…

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