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.

The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.3101. The pair continues to move in the framework of the reduction and start of the development of the Wolff Wave model. At the moment, we should expect a test of resistance near the level of 1.3250 and the beginning of the fall of quotations with a target below the level of 1.2720 as part of the beginning of the development of the bearish model. USD/CAD weekly forecast July 9 — 13, 2018 In favor of the fall of the pair USD/CAD will test…

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Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of ​​110.41. At this point, we should expect an attempt to test the support level near the area of ​​109.85 and continue the growth of the pair to an area above the level of 113.85. USD/JPY weekly forecast July 9 — 13, 2018 In favor of the pair’s growth, the Dollar/Yen will test the uptrend line on the relative strength index (RSI). Canceling the growth of the pair USD/JPY in the current trading week will be a drop and a breakdown of the…

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GOLD XAU/USD close the trading week near the area of ​​1255. Quotes continue to move in a bearish trend. At the moment, we should expect a test of the upper border of the channel near the area of ​​1270 and the continuation of the fall in the price of GOLD below the level of 1190. XAU/USD weekly forecast July 9 — 13, 2018 In favor of falling quotations and prices for GOLD will perform a downtrend test of the trend on the indicator of relative strength index (RSI). The cancellation of the fall in XAU/USD quotations will result in a…

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Quotes of the New Zealand Dollar to US Dollar NZD/USD close the trading week near the area of ​​0.6826. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper limit of the descending channel near the level of 0.6950 and the continuation of the fall of the pair below the level of 0.6450. NZD/USD weekly forecast July 9 — 13, 2018 In favor of reducing the currency pair NZD/USD, a downtrend test on the relative strength index (RSI) will perform. Cancellation of the fall option will be a strong…

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Currency pair USD/CHF Dollar/Franc completes trading week near the level of 0.9890. At the moment, we should expect the test of the support area test near the level of 0.9830 and the continued growth of the pair with a target above the level of 1.0300. USD/CHF weekly forecast July 9 — 13, 2018 In favor of the growth of the Dollar/Franc pair will test the trend line on the indicator of relative strength index (RSI). Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of ​​0.9700, which will indicate the breakdown of the upper…

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Bitcoin BTC/USD ccompletes the trading week at 6533 and continues to move within the limits of the decline. At this point, we should expect an attempt to test the lower bound of the «Triangle» model near the level of 7500. Where again we should expect a rebound and an attempt to continue the decline of the Bitcoin rate with a target below 4500. Bitcoin weekly forecast July 9 — 13, 2018 In favor of falling quotes BTC/USD will perform a downtrend test on the indicator of relative strength index (RSI). The abolition of the Bitcoin decrease option will be a…

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Litecoin LTC/USD completes the trading week at 82 and continues to move in a bearish trend. At this point, we should expect an attempt to test the lower limit of the model «Triangle» near the level of 105. Where again we should expect a rebound and an attempt to continue reducing the rate of Litecoin with a goal below the level of 55. Litecoin weekly forecast July 9 — 13, 2018 In favor of falling quotes LTC/USD will perform a downtrend test on the indicator of relative strength index (RSI). The abolition of the Litecoin decline option will result in…

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Bitcoin BTC/USD is trading at 6502. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of ​​Ichimoku Kinko Hyo signal lines near the level of 6400 is expected, from which we should expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a target at 7180. Bitcoin forecast & analysis BTC/USD July 7, 2018 In support of the growth of the BTC/USD currency rate quotes, a support level test will perform. Earlier, a weak signal was received for buy of Bitcoin cryptocurrency,…

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Ethereum ETH/USD is trading at the level of 458. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test near the 455 level, from which it is expected to rebound and try to continue the growth of ETH/USD with a target above the level of 515. Ethereum forecast & analysis ETH/USD July 7, 2018 An additional signal in favor of the growth of the cryptocurrency will be the support area test, as well as the lower bound of the «Triangle» model. Earlier,…

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Litecoin LTC/USD is trading at 81.52. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud test is expected near the level of 81.00, from which it is expected to rebound and try to grow LTC/USD with a target above the level of 100.00 Litecoin forecast & analysis LTC/USD July 7, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a test of the lower border of the channel. Earlier, we received…

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