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…
Author: forex24pro
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.
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…
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…
Litecoin LTC/USD traded at 51.87 and continue to move within the downward channel and the formation of the model «Triangle». Cryptocurrency capitalization at the time of the publication of the forecast is $3 077 756 086. At the moment, we should expect an attempt to test the resistance level near the 52.50 area. Where can we expect a rebound again and the continuation of the fall of the Litecoin rate with a target below the level of 45.50. Litecoin forecast & technical analysis October 26, 2018 In favor of lowering LTC/USD quotes, a test of the downward trend line on…
Ripple XRP/USD are trading at 0.4512 and continue to move as part of the correction. The capitalization of cryptocurrency at the time of the publication of the forecast is $18 260 440 388. At the moment, we can expect an attempt to test the support level near the 0.4450 area and continue the growth of cryptocurrency in the area above the level of 0.4850. Ripple forecast & technical analysis October 26, 2018 In favor of the growth of XRP/USD quotes, a test of the rising trend line on the relative strength index (RSI) will be made. Cancellation of the option…
Bitcoin Cash BCH/USD are trading at 435 and continue to move as part of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $7 706 426 835. At the moment, we can expect an attempt to test the resistance level near the 440 area. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with a target below 385. Bitcoin Cash forecast & technical analysis October 26, 2018 In favor of reducing the BCH/USD quotes, a test of the downward trend line on the relative strength…
Currency pair Euro Dollar EUR/USD continues to move as part of the decline and the formation of the bullish wave «Wolfe Wave». At the time of the publication of the forecast, the euro/dollar rate is 1.1414. At the moment, we should expect an attempt to test the support level near the 1.1365 area, from where we should expect a rebound and the continued growth of the Euro/Dollar with a potential target above the level of 1.1545. EUR/USD forecast Euro Dollar October 26, 2018 In favor of the growth of the EUR/USD quotes, a test of the trend line on the…
Currency pair Pound/Dollar GBP/USD continues to move as part of a decline. At the time of the publication of the forecast, the pound to dollar rate is 1.2903. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2975, from which we should again expect a rebound and the continuation of the decline of the Pound against the Dollar. The aim of the fall of the currency pair GBP/USD, in the GBP/USD forecast Pound Dollar October 26, 2018, is the area at the level of 1.2655. GBP/USD forecast Pound Dollar October…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish channel. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.7077. At the moment, we should expect an attempt to test the resistance area near the level of 0.7105 and continue the fall of quotations to the area below the level of 0.6965. AUD/USD forecast Australian Dollar October 26, 2018 The test of the resistance line on the relative strength index (RSI) will be in favor of the fall of the AUD/USD pair. Cancellation of the fall in…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall. At the time of publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 112.26. At the moment, we should expect an attempt to test the resistance area near the level of 112.55 and the continuation of the fall of the USD/JPY pair to the area below the level of 110.90. USD/JPY forecast Japanese Yen October 26, 2018 In favor of reducing the pair USD/JPY will test the bearish trend line on the indicator of…