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 Pound Dollar GBP/USD completes the trading week near the 1.2788 area. The pair continues to move within the framework of the start of working out the «Triangle» model. At this point we can expect an attempt to test the resistance area near the level of 1.2980. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2455. GBP/USD weekly forecast October 29 — November 2, 2018 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI). Cancellation of…

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Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.79 Rubles for the US Dollar and continues to move within the ascending channel. As part of the technical analysis of USD/RUB in the current trading week of October 29 — November 2, 2018, we should expect a test of the support area near the level of 64.50, where we should expect a rebound and continued growth of the pair above the level of 68.00. USD/RUB weekly forecast October 29 — November 2, 2018 In favor of the growth of the pair Ruble/Dollar will…

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Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7027 area. The pair continues to move in decline. At the moment, we should expect an attempt to test the upper limit of the downward channel near the level of 0.7180 and continue the decline of AUD/USD with the target below 0.6675. AUD/USD weekly forecast October 29 — November 2, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the pair falling on Forex. Cancellation of the option to reduce AUD/USD in the current trading week of…

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The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3142. The pair continues to move in growth. At the moment, we should expect an attempt to test the support level near the 1.2980 area and continue the growth of quotations with the goal above the level of 1.3570. USD/CAD forecast & analysis October 29 — November 2, 2018 The test of the rising trend line on the relative strength index (RSI) will be in favor of the USD/CAD pair growth. The cancellation of the growth rate of the USD/CAD quotes in the current…

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Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading area near the 111.96 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 111.25 area and continue the pair’s growth to the area above the level of 114.65. USD/JPY weekly forecast October 29 — November 2, 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 the lower boundary of…

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GOLD XAU/USD complete the trading week near the 1236 area. The quotes continue to move as part 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 in the price of GOLD with a potential target above the level of 1285 began. GOLD weekly forecast October 29 — November 2, 2018 In favor of the growth of quotations and prices for GOLD in the current trading week October 29 — November 2, 2018 will test the trend line on the…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6467 area. The pair continues to move within the descending channel. At the moment, we should expect an attempt to test the resistance area near the level of 0.6520 and continue the decline of the currency pair with a potential target below 0.6230. NZD/USD weekly forecast October 29 — November 2, 2018 In favor of the fall of the currency pair NZD/USD, a test of the trend line on the relative strength index (RSI), as well as a rebound from the upper limit of…

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Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0008. 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 0.9870, then the pair will continue to grow with the target above the level of 1.0305. USD/CHF weekly forecast October 29 — November 2, 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 lower boundary of the rising…

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Bitcoin BTC/USD are trading at 6376 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 $112 274 341 118. At the moment, we should expect an attempt to test the resistance level near the 6415 area. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below the 6200 level. Bitcoin forecast & technical analysis October 26, 2018 In favor of falling BTC/USD quotes, a test of the downward trend…

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Ethereum ETH/USD are trading at 197 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 $20 847 701 488. At the moment, we should expect an attempt to test the resistance level near the region of 200. Where again we should expect a rebound and the continuation of the fall of the Ethereum rate with a potential target below 180. Ethereum forecast & technical analysis October 26, 2018 An additional signal in favor of the drop in ETH/USD quotes is a…

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