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 is trading at the level of 86.88. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 83.00, 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 5, 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…

Read More

Ripple XRP/USD is trading at 0.48. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an upward trend for Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.46 level, from which it is expected to rebound and try to continue the growth of the cryptocurrency with the target near the level of 0.55. Ripple forecast & analysis XRP/USD July 5, 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…

Read More

Bitcoin Cash BCH/USD is traded at the level of 781. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the 740 level is expected to be tested near the level of 740, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above the level of 900. Bitcoin Cash forecast & analysis BCH/USD July 5, 2018 An additional signal in favor of the growth of the cryptocurrency will be the support area test,…

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 time of publication of the forecast, the euro exchange rate is 1.1634. At the moment, we should expect a test of the resistance level near the area of ​​1.1720, where we should expect an attempt to rebound and continue the fall of the Euro Dollar with a target below 1.1365 level. EUR/USD forecast & technical analysis July 5, 2018 In favor of falling quotations EUR/USD will test the downward trend line on the indicator of relative strength…

Read More

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