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.

Ethereum ETH/USD are trading at 107 and continue to move as part of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $11 297 357 513. At the moment, we can expect an attempt to correct and test the resistance level near the region of 115. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below 75. Ethereum forecast & technical analysis December 4, 2018 An additional signal in favor of ETH/USD quotes reduction is a test of the trend line…

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Litecoin LTC/USD traded at level 30 and continue to move within the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $1 835 119 353. At the moment, we can expect an attempt to test the resistance level near area 33. Where again we should expect a rebound and continued decline in the Litecoin rate with a target below level 21. Litecoin forecast & technical analysis December 4, 2018 In favor of the growth of LTC/USD quotes, a test of a broken trend line on the relative strength index (RSI) will be made. Cancellation of…

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Ripple XRP/USD are trading at 0.3468 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $14 234 638 606. At the moment, we should expect an attempt to grow and test the resistance level near the 0.3650 area. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.2550. Ripple forecast & technical analysis December 4, 2018 In favor of the fall of the XRP/USD quotes, a test of the trend line on the relative strength index (RSI) will come out. As well…

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Bitcoin Cash BCH/USD are trading at 156 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $2 817 602 107. At the moment, we can expect an attempt to test the resistance level near the region 165. Where again we should expect a rebound and continued decline in the Bitcoin Cash rate with a target below 120. Bitcoin Cash forecast & technical analysis December 4, 2018 In favor of lowering BCH/USD quotes, a test of the trend line on the relative strength index (RSI) will come out. Cancellation…

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Currency pair Euro Dollar EUR/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of publication of the forecast, the euro/dollar rate is 1.1352. At the moment, we should expect an attempt to decrease and test the support level near the 1.1300 area. Where can we expect a rebound and continued growth of the euro dollar currency pair. A potential goal of such a movement is the area above the level of 1.1760. EUR/USD forecast Euro Dollar December 4, 2018 In favor of the growth of the EUR/USD…

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Currency pair Pound/Dollar GBP/USD continues to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to dollar rate is 1.2757. At the moment, we can expect an attempt to grow and test the resistance area near the level of 1.2870. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The aim of the downward movement of the currency pair, in the Forex forecast for December 4, 2018, is the area at the level of…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of growth. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.7380. At the moment, we should expect an attempt to correct and test the support area near the level of 0.7320. Further, the continuation of the growth of quotations in the area above the level of 0.7435. AUD/USD forecast Australian Dollar December 4, 2018 The test of the broken trend line on the relative strength index (RSI) will be in favor of the AUD/USD pair growth. Cancellation of…

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Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the decline 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 Japanese Yen is 113.46. At the moment, we should expect an attempt to decrease and test the support area near the level of 113.10. Further, the continued growth of the USD/JPY pair to the area above the level of 115.00. USD/JPY forecast Japanese Yen December 4, 2018 A test of the trend line on the relative…

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Quotes of BRENT continue to move in the upward correction. At the time of publication of the forecast, the price of BRENT oil is $ 61.57 per barrel. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​62.50 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 53.05. BRENT forecast & technical analysis December 4, 2018 BRENT will test the trend line on the relative strength index (RSI) in favor of lowering quotes and oil prices. Cancellation of the option…

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Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the fall. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3178. At the moment, we can expect an attempt to grow and test the resistance level near the 1.3210 area. Further, the continuation of the fall of the currency pair on Forex. The potential target of the decline is the area below 1.3005. USD/CAD forecast Canadian Dollar December 4, 2018 In favor of reducing the quotations of the Canadian Dollar will test a…

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