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 US Dollar Canadian Dollar USD/CAD continues to move in the framework of the correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3397. At the moment, we should expect an attempt to reduce and test the support level near 1.3335. Further, the continued growth of the currency pair on Forex. A potential target of recovery is the area above the level of 1.3590. USD/CAD forecast Canadian Dollar December 12, 2018 The test of the broken trend line on the relative strength index (RSI) will be…

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Quotes of GOLD continue to move in growth. At the time of the publication of the forecast, the price of GOLD is 1247 Dollars per Troy Oz. At the moment, we should expect an attempt to reduce and test the level of support near the area of ​​1240. Where should we expect a rebound and continued growth in the price of GOLD with the goal above the level of 1265. XAU/USD forecast GOLD & analysis December 12, 2018 In favor of the growth of XAU/USD quotes, a test of the support line on the relative strength index (RSI) will be…

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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 0.6866. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​0.6840. Further, the continuation of growth in the region above the level of 0.7055. NZD/USD forecast New Zealand Dollar December 12, 2018 A test of the rising trend line on the relative strength index (RSI) will be in favor of the…

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Currency pair Dollar Franc USD/CHF continues to move within the framework of the correction and the formation of the «Wolfe Wave» model. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9873. At the moment, we should expect an attempt to decrease and test the support area near the level of 0.9820. Then, continued growth of the US Dollar against the Swiss Franc with the target above the level of 1.0075. USD/CHF forecast Dollar Franc December 12, 2018 In favor of the growth of the Dollar/Franc will test the…

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Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 66.37. At the moment, it is worth expecting an attempt to correct and test the support level near the 65.80 rubles for the US Dollar. Then, the pair continues to grow to an area above the level of 68.95. USD/RUB forecast Russian Ruble December 12, 2018 The test of the trend line on the relative strength index…

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The currency pair of the US Dollar vs South African Rand USD/ZAR continues to move in growth. At the time of the publication of the forecast, the course of the US Dollar to the South African Rand is 14.36. At the moment, we should expect an attempt to decrease and test the support level near the 14.15 area. Further, the continued growth of the pair in the area above the level of 14.80. USD/ZAR forecast South African Rand December 12, 2018 In favor of the growth of quotations, the South African Rand will test the trend line on the indicator…

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Bitcoin BTC/USD are trading at 3433 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $61 241 600 864. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​3600. Where can we expect a rebound again and an attempt to continue the fall of the Bitcoin exchange rate with a target below 2700. Bitcoin forecast & technical analysis December 11, 2018 In favor of falling BTC/USD quotes, a test of the resistance line on the relative strength index…

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Ethereum ETH/USD are trading at the level of 89 and continue to move within the descending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $9 451 789 922. At the moment, we can 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 Ethereum with a potential target below 55. Ethereum forecast & technical analysis December 11, 2018 An additional signal in favor of ETH/USD quotes reduction is a test of the trend line on the relative strength…

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Litecoin LTC/USD traded at 24.16 and continue to move in the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $1 479 706 681. At the moment, we should expect an attempt to test the resistance level near the 26.55 area. Where can we again expect a rebound and the continuation of the decline of the Litecoin rate with the target below the level of 18.20. Litecoin forecast & technical analysis December 11, 2018 In favor of the growth of LTC/USD quotes, a test of the downward trend line on the relative strength index (RSI)…

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Ripple XRP/USD traded at 0.2954 and continue to move within the framework of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $12 360 380 809. At the moment, we can expect an attempt to grow and test the resistance level near the 0.3150 area. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.2250. Ripple forecast & technical analysis December 11, 2018 In favor of the fall of the XRP/USD quotes, a test of the trend line on the relative strength…

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