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 Pound Dollar GBP/USD continues to move in the bearish channel. At the time of publication of the forecast, the rate of the pound/dollar is 1.3209. At this point, we should expect an attempt to test the resistance area near the level of 1.3250, where again we should expect a rebound and the continuation of the fall of the Pound against the Dollar, as part of the start-up of the bearish model «1:1». The target of reducing the GBP/USD pair and working out the model is the area below the level of 1.2755. GBP/USD forecast & technical analysis July…

Read More

Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bearish trend and the descending channel. At the time of publication of the forecast, the exchange rate of the Australian Dollar to the US Dollar is 0.7382. At the moment, we should expect an attempt to test the resistance area near the level of 0.7390 and continue falling quotations in the area below the level of 0.7210. AUD/USD forecast & technical analysis July 5, 2018 In favor of the fall of the pair AUD/USD, a trend line test will be performed on the indicator of relative strength…

Read More

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the growth and ascending channel. At the time of publication of the forecast, the dollar’s exchange rate against the Japanese Yen is 110.47. At the moment, we should expect an attempt to test the support area near the level of 110.00 and continue the growth of the pair USD/JPY in the area above the level of 112.25. USD/JPY forecast & technical analysis July 5, 2018 In favor of the growth of the pair USD/JPY will test the upward trend line on the indicator of relative…

Read More

Quotes of BRENT continue to move within the correction. At the time of publication of the forecast, the price of BRENT oil is 77.88 dollars per barrel. At this point, we should expect an attempt to test the resistance area near the level of 78.60 dollars per barrel. Further, the continuation of the fall of oil in the area below the level of 72.20. BRENT forecast & technical analysis July 5, 2018 In favor of lower quotations and prices for oil BRENT will perform a test of a broken trend line on the indicator of relative strength index (RSI). The…

Read More

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in within the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar rate is 1.3151. At this point, we should expect an attempt to test the bottom of the uplink near the 1.3120 area and continue the growth of the pair in the area above the level of 1.3450. USD/CAD forecast & technical analysis July 5, 2018 In favor of the growth of quotations of the Canadian Dollar will perform a test of the support area on the indicator of relative…

Read More

Quotes of GOLD continue to move in the bullish correction. At the time of publication of the forecast, the Gold price is 1256 US Dollars. At this point, we should expect an attempt at a resistance level near the area of ​​1265. Whence we should expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1210. XAU/USD forecast & technical analysis July 5, 2018 In favor of falling quotations XAU/USD will come the test of the downward trend line on the indicator of relative strength index (RSI). Canceling the…

Read More

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the bearish channel. At the time of publication of the forecast, the rate of the New Zealand Dollar against the US Dollar is 0.6766. At this point, we should expect an attempt to test the support level near the area of ​​0.6745 and continue growth in the area above the level of 0.6870. NZD/USD forecast & technical analysis July 5, 2018 In favor of the growth of NZD/USD, a test of a broken trend line will be performed on the indicator of relative strength…

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 0.9930. At this point, we should expect an attempt to test the support area near the level of 0.9905 and continue the growth of the US Dollar against the Swiss Franc with a target above 1.0150 as part of the start of the model’s development. USD/CHF forecast & technical analysis July 5, 2018 In favor of the growth of the Dollar Franc, an uptrend…

Read More

Currency pair US Dollar Russian Ruble USD/RUB continues movement 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 63.25. At the moment, we should expect an attempt to test the support area near the level of 62.95 Ruble per US dollar and continue to grow the pair in the area above the level of 66.20. USD/RUB forecast & technical analysis July 5, 2018 In favor of the growth of the pair USD/RUB will perform a test of the support line on…

Read More

The currency pair Euro Dollar EUR/USD continues to move within the framework of the decline and formation of the «Triangle» model. At the moment, we should expect a test of the resistance level near the area of ​​1.1720, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1505. EUR/USD forecast & technical analysis July 4, 2018 In favor of falling quotations EUR/USD will test the downward trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price drop will result in a…

Read More