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 Polish Zloty USD/PLN continues to move in growth. At the time of the publication of the forecast, the US Dollar to Polish Zloty rate is 3.70. At the moment, we can expect a test of the support level near the 3.68 area, then a rebound and continued growth of the USD/PLN quotes to the area above the 3.80 level. USD/PLN forecast Polish Zloty October 4, 2018 The test of the support line on the relative strength index (RSI) will be in favor of the growth of the US Dollar to Polish Zloty currency pair. Cancellation…

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Currency pair Euro Pound EUR/GBP continues to move in an upward correction. At the time of publication of the Forex Forecast, the Euro to British Pound exchange rate is 0.8900. At the moment, we can expect a test of the resistance level near the 0.8930 area, then a rebound and a further decline in the EUR/GBP quotes to the area below the 0.8805 level. EUR/GBP Forecast Euro Pound October 4, 2018 In favor of reducing the pair EUR/GBP will test the trend line on the indicator of relative strength index (RSI). Cancellation of the option of falling quotes of the…

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Currency pair US Dollar to Chinese Yuan USD/CNH continues to move in the upward trend. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Chinese Yuan is 6.88. At the moment, we can expect a test of the support level near the 6.85 area, then a rebound and continued growth of the USD/CNH quotes to the area above the 6.92 level. USD/CNH forecast Chinese Yuan October 4, 2018 In favor of the growth of a pair of US Dollar to Chinese Yuan will make a test of the support line on…

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The currency pair US Dollar against the Turkish Lira USD/TRY continues to move in the framework of the decline. At the time of the publication of the forecast, the course of the US Dollar to the Turkish Lira is 6.00. At the moment, we should expect an attempt to test the lower limit of the «Triangle» model near the 6.10 area and continue the pair falling to the area below the level of 5.50. USD/TRY forecast Turkish Lira October 4, 2018 In favor of reducing the quotes of the Turkish Lyra, a test of the trend line on the relative…

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The currency pair of the US Dollar vs South African Rand USD/ZAR continues to move within the correction. At the time of the publication of the forecast, the rate of the US dollar to the South African Rand is 14.35. At the moment, we should expect an attempt to test the upper boundary of the channel near the area of ​​14.20 and continue the growth of the pair to the area above the level of 14.90. USD/ZAR forecast South African Rand October 4, 2018 In favor of the growth of quotations, the South African Rand will test the area of…

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The currency pair of the US Dollar vs Mexican Peso continues to move within the downward channel. At the time of the publication of the forecast, the course of the US Dollar to the Mexican Peso is 18.74. At the moment, we should expect an attempt to test the resistance level near the 18.85 area and continue the pair falling to the area below the 18.35 level. USD/MXN forecast Mexican Peso October 4, 2018 In favor of reducing the quotes of the Mexican Peso will test the downward trend line on the indicator of relative strength index (RSI). Cancellation of…

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Bitcoin BTC/USD are trading at 6509 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $113 720 476 197. At the moment, we can expect an attempt to test the resistance level near the 6600 area. Bitcoin forecast & technical analysis October 3, 2018 In favor of lowering the quotations of BTC/USD, a trend line test will be performed on the indicator of relative strength index (RSI). Cancellation of the option of falling Bitcoin will be a strong growth and breakdown of the 6800 area, which will indicate…

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Ethereum ETH/USD are traded at 223 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $23 351 807 460. At the moment, we can expect an attempt to test the resistance level near the area of ​​230. Where again we should expect a rebound and the continuation of the fall of the Ethereum rate with a potential target below 185. Ethereum forecast & technical analysis October 3, 2018 An additional signal in favor of falling quotes ETH/USD will test the trend line on the indicator of relative strength…

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Litecoin LTC/USD traded at 59.31 and continue to move in the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $3 513 749 974. At the moment, we can expect an attempt to test the support level near the 58.20 area. Where can we expect a rebound again and the continuation of the growth of the Litecoin rate with the goal above the level of 68.50. Litecoin forecast & technical analysis October 3, 2018 In favor of LTC/USD quotes growth, the trend line test will be performed on the relative strength index (RSI). Canceling the…

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Ripple XRP/USD are trading at 0.5498 and continue to move as part of the correction and the upward channel. The capitalization of cryptocurrency at the time of the publication of the forecast is $22 211 300 591. At the moment, we should expect an attempt to test the support level near the 0.5400 area and continue the growth of the cryptocurrency in the area above the level of 0.6350. Ripple forecast & technical analysis October 3, 2018 In favor of the growth of XRP/USD quotes, there will be a test of the trend line on the relative strength index (RSI),…

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