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 close the trading week near the 112.38 area. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the area of ​​111.35 and continue the growth of the pair to the area above the level of 115.45. USD/JPY weekly forecast & analysis October 22 — 26, 2018 In favor of the growth of a pair of Dollar/Yen will test the rising trend line on the indicator of relative strength index (RSI), as well as a rebound from…

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GOLD XAU/USD close the trading week near the 1226 area. The quotes continue to move as part of the start of the «Triangle» model. At the moment, we should expect an attempt to grow and test the level of support near the 1210 area. Then, the continuation of the growth of the price of Gold with a potential target above the level of 1285 began. GOLD weekly forecast & analysis October 22 — 26, 2018 In favor of the growth of quotations and prices for GOLD in the current trading week of October 22 — 26, 2018, a test of…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6592 area. The pair continues to move within the bearish channel. At the moment, we should expect an attempt to test the resistance area near the level of 0.6610 and continue the decline in the currency pair with a potential target below the level of 0.6225. NZD/USD weekly forecast & analysis October 22 — 26, 2018 In favor of the fall of the currency pair NZD/USD, a test of the trend line on the indicator of relative strength index (RSI) will be made. Canceling…

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Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9963. The pair continues to move in growth. At the moment, we should expect an attempt to decrease and test the support area near the level of 0.9830, then continue the growth of the pair with the goal above the level of 1.0290. USD/CHF weekly forecast & analysis October 22 — 26, 2018 In favor of the growth of the Dollar/Franc will make a test of the trend line on the indicator of relative strength index (RSI), as well as a rebound from the broken down channel boundary.…

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Bitcoin Cash ends the trading week at 424 and continues to move as part of the formation of the «Triangle» model. At the moment, we can expect an attempt to test the resistance area near the level of 495. Where again we should expect a rebound and an attempt to continue the development of a fall on Bitcoin Cash with a target below 280. Bitcoin Cash weekly forecast & analysis October 22 — 26, 2018 The test of the broken trend line on the relative strength index (RSI) will be in favor of the fall in BCH/USD quotes on the…

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Litecoin LTC/USD ends the trading week at 51.17 and continues to move within the «Triangle» model. At the moment, we should expect an attempt to test the resistance area near the level of 60.00. From where it is again necessary to expect a rebound and an attempt to continue the fall of growth on Litecoin with the target below the level of 30.00. Litecoin weekly forecast & analysis October 22 — 26, 2018 In favor of the growth of LTC/USD quotes in the current trading week of October 22 — 26, 2018, a test of the broken trend line on…

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Ripple XRP/USD close the trading week at 0.4446 and continue to move as part of the correction. At the moment, we should expect an attempt to test the resistance level near 0.4850. Where again we should expect a rebound and the continuation of the fall of cryptocurrency in the region below the level of 0.2500. Ripple weekly forecast & analysis October 22 — 26, 2018 In favor of reducing the XRP/USD quotes in the current trading week of October 22 — 26, 2018, a test of a broken trend line on the relative strength index (RSI) will be made. Cancellation…

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Ethereum ETH/USD ends the trading week at level 196 and continues to move in a bearish trend. At the moment, we should expect an attempt at the resistance level near the area of ​​205. Where again we should expect a rebound and the continuation of the decline in the rate of Ethereum with a potential target below the level of 120. Ethereum weekly forecast & analysis October 22 — 26, 2018 In favor of the fall in ETH/USD quotes on the current trading week of October 22 — 26, 2018, a rebound from the upper limit of the bearish channel…

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Bitcoin BTC/USD ends the trading week at the level of 6347 and continues to move as part of the formation of the «Triangle» model. At the moment, we should expect an attempt to test the resistance area near the level of 6620. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below the level of 5350. Bitcoin weekly forecast & analysis October 22 — 26, 2018 In the current trading week of October 22 — 26, 2018, a downtrend trend test on the relative strength index (RSI),…

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Litecoin LTC/USD traded at 52.31 and continue to move in the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $3 125 603 478. At the moment, we can expect an attempt to test the resistance level near the area of ​​54.70. Where can we expect a rebound again and the continuation of the fall of the Litecoin rate with a target below the level of 44.50. Litecoin forecast & technical analysis October 19, 2018 In favor of lowering LTC/USD quotes, a test of the downward trend line on the relative strength index (RSI) will…

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