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.

Zcash ZEC/USD is trading at 510. Cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected near the 485 level, from which it is expected to rebound and try to continue growing above 620. Earlier we received a weak signal for buy of Zcash cryptocurrency due to the intersection of signal lines at level 305. Zcash forecast & analysis ZEC/USD on December 19, 2017 Canceling the growth of quotations Zcash will become a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing…

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The currency pair Euro Dollar EUR/USD continues to move within the bearish channel. At this point, we should expect an attempt to test the resistance level near 1.1820 and continue the fall of the euro/dollar with a target below 1.1640. In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). EUR/USD forecast & technical analysis on December 19, 2017 Cancellation of the variant of the Euro/Dollar price decline will be a breakdown at the level of 1.1860, which will indicate the breakdown of the upper border of the channel and the…

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Currency pair Pound Dollar GBP/USD continues to move within the correction. At the moment, we should expect a test of the level of 1.3430 and continuation of the fall of the pair in the area below the level of 1.3105. In favor of the fall of the pair on FOREX will test the resistance line on the indicator of relative strength index (RSI). GBP/USD forecast & technical analysis on December 19, 2017 The abolition of the variant of the Pound/Dollar decline will be a strong growth and a breakdown at the level of 1.3520, which indicates that the pair continues…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of the formation of the bullish «5-0» model. At this point, we should expect an attempt to rebound and fall of quotations in the area below the level of 0.7560. AUD/USD forecast & technical analysis on December 19, 2017 In favor of the fall of the pair AUD/USD is the formation of the reversal model «Failed Swing» on the indicator of relative strength. The cancellation of the variant of falling of the Australian Dollar quotations will be a strong growth and breakdown at the level of…

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Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the descending channel. At the moment, we should expect a test of level 113.20 and continue falling into the area below the level of 110.50. In favor of the USD/JPY decline, a resistance line test will be performed on the relative strength index (RSI). USD/JPY forecast & technical analysis on December 19, 2017 The cancellation of the fall variant of the Dollar/Yen pair will result in a strong growth and a breakdown at level 114.10, which will indicate the breakdown of the upper border of…

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Quotes of BRENT crude oil continue to move within the flat movement. At this point, we should expect a test of level 65.25. Further continuation of the fall in the area below the level of 61.15. In favor of falling quotes and oil prices BRENT will test the resistance area on the indicator of relative strength index (RSI). BRENT crude oil technical analysis on December 19, 2017 The abolition of the fall in oil prices will be a strong increase and a breakdown of 65.90 dollars per barrel, which will indicate the reversal of the reversal pattern and the continuation…

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Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the bearish channel. At the moment, we should expect an attempt to test the upper border of the channel near 1.2885 and continue falling to the area below the level of 1.2720. In favor of falling quotations of the Canadian Dollar will perform a test of the resistance line on the indicator of relative strength index (RSI). USD/CAD forecast & technical analysis on December 19, 2017 Cancellation of the USD/CAD decline on FOREX will be strong growth and breakdown of the area of ​​1.2920, which will indicate the…

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Quotes of GOLD XAU/USD continue to move within the downward channel. At this point, we should expect an attempt to test the resistance level near the 1260 area and continue falling below the level of 1220. In favor of lowering the quotes XAU/USD will test the resistance line on the indicator of relative strength index (RSI). XAU/USD forecast & technical analysis on December 19, 2017 Canceling the variant of falling prices for GOLD will be the breakdown of area 1265, which will indicate the breakdown of the upper boundary of the bearish channel and the continuation of growth in the…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth framework. At the moment, we should expect a rebound attempt and continue falling quotations in the area below the level of 0.6910. In favor of the fall of the pair NZD/USD will perform a test of the resistance area on the indicator of relative strength index (RSI). NZD/USD forecast & technical analysis on December 19, 2017 The cancellation of the New Zealand Dollar forex quotation will result in a strong growth and breakdown of the 0.7070 area, which will indicate a breakthrough…

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Currency pair Dollar Franc USD/CHF continues to move within the correction. At this point, we should expect a test of the support level test near the area of ​​0.9880 and the continued growth of the US Dollar against the Swiss Franc with a target above 1.0020. In favor of the growth of the Dollar/Franc pair, a support line test will be performed on the relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal model. USD/CHF forecast & technical analysis on December 19, 2017 The cancellation of the growth of the USD/CHF pair on Forex…

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