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 USD/CHF Dollar/Franc completes the trading week near the level of 0.9971. The pair continues to move within the correction. Moving averages indicate an uptrend. At the moment, we should expect an attempt to decrease and test the support area near the level of 0.9850. Further, the continued growth of the pair with a target above the level of 1.0320. USD/CHF weekly forecast & analysis December 17 — 21, 2018 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…

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Currency pair US Dollar to South African USD/ZAR continues to move as part of growth. At the time of the publication of the forecast, the rate of the US Dollar to the South African Rand is 14.37. At the moment, we can expect an attempt to test the support level near the area of ​​13.80. Then the pair continues to grow to an area above the level of 15.60. USD/ZAR weekly forecast & analysis December 17 — 21, 2018 In favor of the growth of quotations, the South African Rand will test the trend line on the indicator of relative…

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Bitcoin BTC/USD are trading at 3254 and continue to move as part of the fall. Cryptocurrency capitalization at the time of the publication of the forecast is $57 714 920 065. Moving averages indicate a downward trend in Bitcoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​3350. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with the target below the level of 2850. Bitcoin forecast & technical analysis December 17, 2018 In favor of falling BTC/USD quotes, a…

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Ethereum ETH/USD are trading at 84 and continue to move within the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $8 972 352 634. Moving averages indicate a downward trend in Ethereum. At the moment, we should expect an attempt to correct and test the resistance level near area 95. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below level 55. Ethereum forecast & technical analysis December 17, 2018 An additional signal in favor of ETH/USD quotes reduction is a…

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Litecoin LTC/USD traded at 23.05 and continue to move in a decline. Cryptocurrency capitalization at the time of the publication of the forecast is $1 409 947 055. Moving averages indicate a downward trend in Litecoin. At the moment, we should expect an attempt to test the resistance level near the 24.00 area. Where once again we should expect a rebound and the continuation of the decline in the course of Litecoin with a goal below the level of 18.50. Litecoin forecast & technical analysis December 17, 2018 In favor of the growth of LTC/USD quotes, a test of the…

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Ripple XRP/USD are trading at 0.2910 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $12 144 195 679. 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 ​​0.3050. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.2500. Ripple forecast & technical analysis December 17, 2018 In favor of the fall of XRP/USD quotes, a test…

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Bitcoin Cash BCH/USD are trading at 80 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $1 496 656 665. At the moment, we can expect an attempt to test the resistance level near area 95. Where again we should expect a rebound and the continued decline of Bitcoin Cash with a target below 55. Bitcoin Cash forecast & technical analysis December 17, 2018 The test of the broken trend line on the relative strength index (RSI) will be in favor of BCH/USD quotes reduction. As well as…

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Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the euro/dollar rate is 1.1356. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​1.1345. Where can we expect a rebound and continued growth of the euro dollar currency pair. A potential target of such a movement is the area above the level of 1.1585. EUR/USD forecast Euro Dollar December 14, 2018 In favor of the growth of the EUR/USD quotes,…

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Currency pair Pound/Dollar GBP/USD continues to move in line with the decline. At the time of the publication of the forecast, the pound/dollar rate is 1.2632. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2725. Where again we should expect a rebound and the continuation of the decline of the pound against the dollar. The aim of the bearish movement of the currency pair, in the framework of the FOREX forecast for December 14, 2018, is the area at the level of 1.2295. GBP/USD forecast Pound Dollar December 14,…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the upward correction. At the time of the publication of the forecast, the Australian Dollar to the US dollar is 0.7228. At the moment, we can expect an attempt to grow and test the resistance area near the level of 0.7255. Further, the continuation of the fall of quotations in the area below the level of 0.7075. AUD/USD forecast Australian Dollar December 14, 2018 In favor of reducing the pair AUD/USD, a test of the downward trend line on the relative strength index (RSI) will come…

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