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 to Russian Ruble USD/RUB completes the trading week near the level of 65.90 Russian Rubles for the US Dollar and continues to move within the bullish channel. As part of the technical analysis of USD/RUB in the current trading week of October 15 — 19, 2018, we should expect a test of the support area near the level of 65.50, from which we can expect a rebound and continued growth of the pair above the level of 70.50. USD/RUB weekly forecast & analysis October 15 — 19, 2018 In favor of the growth of the dollar…

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Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7118 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 0.7230 and continue the decline of AUD/USD with the target below 0.6720. AUD/USD weekly forecast & analysis October 15 — 19, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the pair falling on Forex. The cancellation of the option to reduce AUD/USD in the current trading…

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The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3008. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the 1.2900 area and continue the growth of quotations with the goal above the level of 1.3550. USD/CAD weekly forecast & analysis October 15 — 19, 2018 A test of the rising trend line on the relative strength index (RSI), as well as a rebound from the lower boundary of the bullish channel, will be in favor of the growth…

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Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading area near the 112.25 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 111.05 area and continue the growth of the pair to the area above the 115.35 level. USD/JPY weekly forecast & analysis October 15 — 19, 2018 In favor of the growth of a pair of Dollar/Yen will test the bullish trend line on the indicator of relative strength index (RSI), as well as a rebound from the lower…

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GOLD XAU/USD close the trading week near the 1219 area. The quotes continue to move as part of the start of the «Triangle» model. At the moment, we can expect an attempt to grow and test the level of support near the area of ​​1205. Then, the continuation of the growth of the price of Gold with a potential target above the level of 1260 began. GOLD weekly forecast & analysis October 15 — 19, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of the fall in quotations and prices for…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6512 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 0.6615 and continue the decline of the currency pair with a potential target below the level of 0.6185. NZD/USD weekly forecast & analysis October 15 — 19, 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. Cancellation…

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Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9910. The pair continues to move within the correction. At the moment, we should expect an attempt to decrease and test the support area near the level of 0.9750, then continue the growth of the pair with a target above 1.0230. USD/CHF weekly forecast & analysis October 15 — 19, 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 bearish channel. Cancellation of the…

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Bitcoin Cash ends the trading week at 439 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 480. Where again we should expect a rebound and an attempt to continue the development of a fall on Bitcoin Cash with a target below 205. Bitcoin Cash weekly forecast & analysis October 15 — 19, 2018 In favor of the fall in BCH/USD quotes in the current trading week of October 15 — 19, 2018, a test of the broken training…

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Litecoin LTC/USD ends the trading week at 51.72 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 62.00. From where it is again necessary to expect a rebound and an attempt to continue the fall of growth on Litecoin with the goal below the level of 30.00. Litecoin weekly forecast & analysis October 15 — 19, 2018 In favor of the growth of LTC/USD quotes in the current trading week of October 15 — 19, 2018, a test of the broken trend line on…

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Ripple XRP/USD close the trading week at 0.4152 and continue to move as part of the decline. At the moment, we should expect an attempt to test the resistance level near the 0.4550 area. 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 15 — 19, 2018 In favor of reducing the XRP/USD quotes in the current trading week of October 15 — 19, 2018, a test of a broken trend line on the relative strength index (RSI) will be…

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