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 ends the trading week near the 1.3028 area. The pair continues to move within the «Triangle» model. At this point we can expect an attempt to test the resistance area near the level of 1.3100. Further, the continuation of the decline in quotations of the pound dollar to the area below the level of 1.2485. GBP/USD weekly forecast & analysis October 22 — 26, 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 the option of falling GBP/USD pair…

Read More

Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.59 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 22 — 26, 2018, we can expect a test of the support area near the level of 65.30, from where we can expect a rebound and continued growth of the pair above the level of 70.50. USD/RUB weekly forecast & analysis October 22 — 26, 2018 In favor of the growth of the dollar/ruble pair…

Read More

Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7125 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 0.7250 and continue the decline of AUD/USD with the target below the level of 0.6785. AUD/USD weekly forecast & analysis October 22 — 26, 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…

Read More

The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3039. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the 1.2920 area and continue the growth of quotations with the goal above the level of 1.3380. USD/CAD weekly forecast & analysis October 22 — 26, 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 option of the USD/CAD quotes in…

Read More

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…

Read More

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…

Read More

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…

Read More

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.…

Read More

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…

Read More

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…

Read More