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 Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the time of publication of the forecast, the rate of the Australian Dollar against the US dollar is 0.7254. At this point, we should expect an attempt to test the resistance area near the level of 0.7285 and continue falling quotations in the area below the level of 0.7110. AUD/USD forecast & technical analysis August 16, 2018 In favor of the fall of the pair AUD/USD will perform a test of the broken trend line on the indicator of relative strength index…

Read More

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within a bearish correction. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 111.21. At the moment, we should expect a test of the support area test near the level of 110.45 and continuation of the pair USD/JPY growth in the area above the level of 112.90. USD/JPY forecast & technical analysis August 16, 2018 In favor of the growth of the pair USD/JPY, a trend line test will be performed on the indicator of relative strength index…

Read More

Quotes of BRENT continue to move within the framework of the formation of the «Triangle» model. At the time of publication of the forecast, the price of BRENT oil is $ 71.49 per barrel. At this point, we should expect an attempt to test the upper limit of the model «Triangle» near the level of $ 72.50 per barrel. Further, the continued fall in oil prices in the area below the level of $ 67.20. BRENT forecast & technical analysis August 16, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the…

Read More

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction. At the time of publication of the forecast, the US Dollar rate against the Canadian Dollar is 1.3081. At this point, we should expect an attempt to test the support level near the 1.3035 area and continue the growth of the pair with a potential target above the level of 1.3300. USD/CAD forecast & technical analysis August 16, 2018 In favor of the growth of quotations of the Canadian Dollar, a trend line test will be performed on the indicator of relative strength index (RSI), as well…

Read More

Quotes of GOLD continue to move within the bearish channel. At the time of publication of the forecast, the price of GOLD is 1186 dollars per ounce. At this point, we should expect an attempt to test the resistance level near the area of ​​1195. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1145. XAU/USD forecast GOLD & analysis August 16, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI), as well as…

Read More

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. At the time of publication of the forecast, the New Zealand Dollar rate to the US Dollar is 0.6554. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the area of ​​0.6595 and continue falling into the area below the level of 0.6440. NZD/USD forecast & technical analysis August 16, 2018 In favor of reducing the pair NZD/USD will test the trend line on the indicator of relative strength index…

Read More

Currency pair Dollar Franc USD/CHF continues to move within the framework of correction and formation of the «Triangle» model. At the time of publication of the forecast, the US Dollar rate against the Swiss Franc is 0.9974. At the moment, we should expect a test of the support area near the level of 0.9925 and the continuation of the US Dollar against the Swiss Franc with a target above 1.0085. USD/CHF forecast & technical analysis August 16, 2018 In favor of the growth of the Dollar Franc pair will perform a test of the support line on the indicator of…

Read More

Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of a bearish correction. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 66.75. At this point, we should expect an attempt to test the bottom of the uplink near the area of ​​65.75 rubles for the US dollar and the continued growth of the pair in the area above the level of 70.00. USD/RUB forecast & technical analysis August 16, 2018 In favor of the growth of the pair USD/RUB, a trend line test will be performed on…

Read More

Bitcoin BTC/USD are traded at the level of 6316 and continue to move within the framework of the bullish correction. At this point, we should expect a test of the resistance level near the area of ​​6550. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below the level of 5400. Bitcoin (BTC/USD) technical analysis August 16, 2018 In favor of lower quotations BTC/USD will test the resistance area on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall…

Read More

Ethereum ETH/USD are traded at 279 and continue to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near area 295. Where again we should expect a rebound and the continued fall of the Ethereum rate with a target below the level of 195. Ethereum (ETH/USD) technical analysis August 16, 2018 In favor of falling quotations ETH/USD will test the trend line on the indicator of relative strength index (RSI). Cancellation of the variant of the cryptocurrency fall will be a strong growth and breakdown of the level…

Read More