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 the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of ​​108.52. The pair continues to move in decline. Moving averages indicate an uptrend. At the moment, we can expect an attempt to grow and test the resistance level near the area of ​​109.90. Then rebound and the continuation of the fall of the pair in the area below the level 103.75. USD/JPY weekly forecast & analysis January 7 — 11, 2019 In favor of the fall of the pair Dollar/Yen will test the downward trend line on the indicator of relative strength…

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GOLD close the trading week near the 1284 area. The quotes continue to move in the uplink channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the 1245 area. Further, the GOLD price will continue to rise with a potential target above the level of 1345. GOLD weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week of January 7 — 11, 2019, a test of the rising trend line on…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6745 area. The pair continues to move within the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6650. Then, the growth of the currency pair continues with a potential target above the level of 0.7085. NZD/USD weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of the NZD/USD currency pair, a test of the rising trend line on the relative strength…

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Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9861. The pair continues to move within the correction. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9745. Further, the continued growth of the pair with a target above the level of 1.0175. USD/CHF weekly forecast & analysis January 7 — 11, 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…

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Bitcoin BTC/USD ends the trading week at the level of 3791 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 3650. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 5000. Bitcoin weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of BTC/USD quotes in the current trading week of January 7 —…

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Ethereum ETH/USD ends the trading week at 151 and continues to move as part of growth. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the upper limit of the descending channel near the area of ​​155. Where should we expect a rebound again and the continuation of the fall in the rate of Ethereum with a potential target below level 85. Ethereum weekly forecast & analysis January 7 — 11, 2019 The formation of the «Failure Swing» reversal pattern on the relative strength index (RSI) will be in favor of…

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Ripple XRP/USD close the trading week at 0.3539 and continue to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the 0.4400 area. Where once again we should expect a rebound and the continuation of the decline of cryptocurrency in the region below the level of 0.2250. Ripple weekly forecast & analysis January 7 — 11, 2019 In favor of the fall of XRP/USD quotes in the current trading week of January 7 — 11, 2019, a test of the downward…

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Litecoin LTC/USD ends the trading week at 30.62 and continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a bearish trend. At the moment, we can expect an attempt to test the support area near the level of 28.50. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a target above the level of 38.50. Litecoin weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of LTC/USD quotes in the current trading week of January 7 — 11, 2019,…

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Bitcoin Cash ends the trading week at 160 and continues to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support area near the level of 95. Where again we should expect a rebound and an attempt to continue growth on Bitcoin Cash with a target above 235. Bitcoin Cash weekly forecast & analysis January 7 — 11, 2019 In favor of the growth of BCH/USD quotes on the current trading week of January 7 — 11, 2019, a test of the…

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Currency pair Euro/Dollar EUR/USD continues to move as part of the fall. At the time of the publication of the forecast, the euro/dollar rate is 1.1366. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1385 area. Where can we expect a rebound and the continuation of the fall of the euro/dollar currency pair. A potential target of such a movement is the area below the level of 1.1225. EUR/USD forecast Euro Dollar January 4, 2019 In favor of reducing the EUR/USD quotes, a test of the downward trend line on the…

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