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.

Litecoin LTC/USD traded at 59.31 and continue to move in the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $3 392 263 372. At the moment, we can expect an attempt to test the support level near 55.50. From where it is again necessary to expect a rebound and the continuation of the growth of the course Litecoin with a target above the level of 65.00. Litecoin forecast & technical analysis October 4, 2018 In favor of LTC/USD quotes growth, the trend line test will be performed on the relative strength index (RSI). Cancellation…

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Ripple XRP/USD are trading at 0.5255 and continue to move as part of the formation of the «Triangle» model. The capitalization of cryptocurrency at the time of the publication of the forecast is $21 244 855 855. At the moment, we should expect an attempt to test the support level near 0.5050 and the growth of cryptocurrency in the region above the level of 0.7500. Ripple forecast & technical analysis October 4, 2018 In favor of the growth of quotations XRP/USD will test the trend line on the indicator of relative strength index (RSI). Cancellation of the option of cryptocurrency…

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Bitcoin Cash BCH/USD traded at 512 and continue to move in the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $8 969 323 138. At the moment, we can expect an attempt to test the lower limit of the upward channel near the area of ​​495. Where again can we expect a rebound and continued growth of the Bitcoin Cash rate with the goal above 620. Bitcoin Cash forecast & technical analysis October 4, 2018 In favor of the growth of quotations BCH/USD will test the trend line on the indicator of relative strength…

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Currency pair British Pound to Japanese Yen GBP/JPY continues to move as part of the correction. At the time of publication of the Forex forecast, the British Pound to the Japanese Yen rate is 147.95. At the moment, we can expect a test of the resistance level near the area of ​​148.65, then a rebound and a continuation of the decline in GBP/JPY quotes to the area below the level of 146.05. GBP/JPY forecast British Pound October 4, 2018 A test of the trend line on the relative strength index (RSI), as well as a rebound from the upper limit…

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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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