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.

Quotes of GOLD continue to move as part of the growth and formation of the Triangle model. At the time of the publication of the forecast, the price of Gold is 1289 Dollars per Troy Oz. At the moment, we should expect an attempt to reduce and test the level of support near the area of ​​1285. Where can we expect a rebound and continued growth in the price of GOLD with the goal above the level of 1325. XAU/USD Forecast and GOLD analysis January 16, 2019 In favor of the growth of XAU/USD quotes, a test of the rising…

Read More

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of growth. At the time of publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6824. At the moment, we should expect an attempt to continue growth and test the resistance level near 0.6835. Further, the continuation of the fall of the currency pair on Forex in the area below the level of 0.6645. NZD/USD Forecast New Zealand Dollar January 16, 2019 In favor of the fall of the pair NZD/USD, a test of the resistance…

Read More

Currency pair Dollar Franc USD/CHF continues to move within the descending channel. At the time of publication of the Forex forecast, the exchange rate of the US dollar to the Swiss Franc is 0.9862. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9885. Then, the continuation of the fall of the US dollar against the Swiss Franc with the target below the level of 0.9690. USD/CHF Forecast Dollar Franc January 16, 2019 In favor of reducing the pair Dollar/Franc will test a downward trend line on the indicator of…

Read More

Currency pair US Dollar Russian Ruble USD/RUB continues to move in a rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 67.05. At the moment, we should expect an attempt to reduce and test the support level near the region of 66.75 Rubles for the US Dollar. Then, the pair continues to grow to an area above 69.65. USD/RUB Forecast Russian Ruble January 16, 2019 The test of the trend line on the relative strength index (RSI) will be in favor of the growth of the…

Read More

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 USD rate to the South African Rand is 13.80. At the moment, we should expect an attempt to fall and a test of the support level near the area of ​​13.70. Further, the continued growth of the pair in the area above the level of 14.70. USD/ZAR forecast South African Rand January 16, 2019 In favor of the growth of quotations, the South African Rand will break the bearish trend line on…

Read More

Bitcoin BTC/USD are trading at 3631 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $64 438 123 208. Moving averages indicate a downward trend in Bitcoin. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of ​​3775. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with the goal below the level of 3170. Bitcoin Forecast and Analysis BTC/USD January 16, 2019 In favor of falling BTC/USD…

Read More

Ethereum ETH/USD are trading at 124 and continue to move as part of a decline. Cryptocurrency capitalization at the time of the publication of the forecast is $13 312 566 665. Moving averages indicate the presence of a lateral trend in Ethereum. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of ​​135. Where once again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential goal below the level of 100. Ethereum Forecast and ETH/USD Analysis January 16, 2019…

Read More

Litecoin LTC/USD are trading at 29.95 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 $1 922 673 014. Moving averages indicate the presence of a lateral trend in Litecoin. At the moment, we should expect an attempt to test the resistance level near 34.50. Where can we expect a rebound and the continuation of the fall of the Litecoin course with the goal below the level of 20.00. Litecoin Forecast and LTC/USD Analysis January 16, 2019 In…

Read More

Ripple XRP/USD are trading at 0.3261 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $13 569 699 604. 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 area of ​​0.3450. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2795. Ripple Forecast and XRP/USD Analysis January 16, 2019 In favor of falling XRP/USD quotes, a test of the downward trend line on the relative strength…

Read More

Bitcoin Cash BCH/USD are trading at 129 and continue to move in the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $2 312 313 230. Moving averages indicate a downward trend in Bitcoin Cash. At the moment, we can expect an attempt to test the resistance level near the area of ​​135. 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 100. Bitcoin Cash Forecast and Analysis BCH/USD January 16, 2019 In favor of the fall in BCH/USD…

Read More