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 framework of the fall and formation of the «Triangle» model. At the time of publication of the forecast, the rate of the Australian Dollar to the US dollar is 0.7372. At the moment, we should expect a test of the resistance area near the level of 0.7400 and the continuation of the fall of quotations in the area below the level of 0.7250. AUD/USD forecast & technical analysis August 3, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed…

Read More

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At the time of publication of the forecast, the US Dollar rate against the Japanese Yen is 111.46. At this point, we should expect an attempt to test the bottom of the channel near the level of 111.25 and continue the growth of the pair USD/JPY in the area above the level of 112.90. USD/JPY forecast & technical analysis August 3, 2018 In favor of the growth of the pair USD/JPY will test the trend line on the indicator of relative…

Read More

Quotes of BRENT continue to move in line with the decline. At the time of publication of the forecast, the price of BRENT oil is 72.44 dollars per barrel. At this point, we should expect an attempt to test the upper limit of the descending canal near the level of $ 73.90 per barrel. Further, the continued fall in oil prices in the area below the level of $ 68.70. BRENT forecast & technical analysis August 3, 2018 In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index…

Read More

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of correction and formation of the «Wedge» model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3012. At this point, we should expect an attempt to test the support level near the area of ​​1.2960 and continue the growth of the pair in the area above the level of 1.3165. USD/CAD forecast & technical analysis August 3, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on…

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 1214 dollars per ounce. At this point, we should expect an attempt to test the upper border of the channel near the area of ​​1220. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1190. XAU/USD forecast GOLD & analysis August 3, 2018 In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI).…

Read More

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and formation of the «Triangle» model. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6752. At the moment, we should expect a test of resistance level near the area of ​​0.6800 and continuation of the fall in the area below the level of 0.6640. NZD/USD forecast & technical analysis August 3, 2018 In favor of reducing the pair NZD/USD will test the trend line on the indicator of relative strength…

Read More

Currency pair US Dollar Russian Ruble USD/RUB 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 to the Russian Ruble rate is 63.40. At the moment, we should expect an attempt to test the support area near the level of 62.76 Russian Ruble for the US Dollar and start the pair’s growth in the area above the level of 65.75. USD/RUB forecast & technical analysis August 3, 2018 In favor of the growth of the pair USD/RUB, a breakdown of the resistance line will…

Read More

Bitcoin BTC/USD traded at 7474 and continues to move within the correction. At this point, we should expect an attempt to test the lower border of the uplink near the 7450 area. Again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 8450. Bitcoin (BTC/USD) technical analysis August 3, 2018 In favor of the growth of quotations BTC/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown of…

Read More

Ethereum ETH/USD traded at the level of 420 and continue to move within the limits of the decline. At this point, we should expect a test of the resistance level near the area of ​​430. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below the level of 360. Ethereum (ETH/USD) technical analysis August 3, 2018 In favor of falling quotes ETH/USD will perform a downtrend test on the indicator of relative strength index (RSI). Canceling the variant of the fall of the cryptocurrency will be a strong growth and breakdown of…

Read More

Litecoin LTC/USD traded at the level of 75.23 and continues to move within the bearish trend. At this point, we should expect a test of resistance level near the area of ​​79.00. Where again we should expect a rebound and the continued decline of the Litecoin exchange rate with a target below 65.00. Litecoin (LTC/USD) technical analysis August 3, 2018 In favor of the decline in LTC/USD quotations, a trend line test will be performed on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the 83.00 area,…

Read More