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.

GOLD XAU/USD is trading at 1280. Gold continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in GOLD. Ichimoku Kinko Hyo Cloud is expected to break near 1282, from which we should expect a rebound and a further development of the bearish trend for Gold with a target near the level of 1260. GOLD prices forecast XAU/USD on October 25, 2017 Earlier, we received a weak signal for the sell of GOLD, by crossing the signal lines at 1294. Canceling the variant of falling quotations Gold will be a breakdown of the…

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Brent crude oil is trading at $ 57.33 per barrel. Brent oil is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Oil. Ichimoku Kinko Hyo Cloud upper test is expected near the level of 57.00, from which one should expect a rebound attempt and further development of the bullish trend with the target of growth near the level of 58.95 dollars per barrel. An additional signal in favor of rising oil prices will test the area of ​​support. Analysis & forecast Brent Oil on October 25, 2017 Earlier,…

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The currency pair Euro Dollar EUR/USD continues to move within the limits of the decline. At this point, we should expect a rebound from the support level of 1.1745 for the target of growth near the area of ​​1.1810. Whence again it is necessary to expect the continuation of the fall of the euro/dollar. In favor of falling quotations EUR/USD will test the resistance line indicator relative strength index (RSI). EUR/USD prediction & technical analysis on October 24, 2017 Cancellation of the variant of falling quotations of the euro dollar on Forex will be strong growth and breakdown at the…

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Currency pair Pound Dollar GBP/USD continues to test the support area near the level of 1.32. It is necessary to expect the pair Pound/Dollar to rise above the level of 1.33. In the vicinity of 1.33, we again expect a further decline with a potential target at 1.2880. GBP/USD prediction & technical analysis on October 24, 2017 In favor of reducing the pair on Forex, a trend line test will be performed on the indicator of relative strength index (RSI). The reversal of the pair’s fall will be a strong growth and breakdown of the resistance level with a close…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment, we should expect an attempt to test the level of 0.7760 and continue the growth above the level of 0.7910 as part of the formation of the bearish wave of Wolfe. AUD/USD prediction & technical analysis on October 24, 2017 From the level of 0.7910 again it is necessary to expect the continuation of the fall as part of the model’s development, the purpose of falling below the area of ​​0.7720. In favor of the growth of the pair AUD/USD…

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Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are trading near the local maximum area. At the moment, we should expect an attempt to rebound and fall into the area of ​​the lower border of the ascending channel at the level of 113.40. USD/JPY prediction & technical analysis on October 24, 2017 Whence again it is necessary to expect the continuation of the growth of the pair with a target above 114.70. In favor of the growth of the pair will perform a test of the support line on the indicator of relative strength index (RSI). The…

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Quotes of BRENT crude oil continue to be traded within the rising channel. At this point, we should expect a test level of 58.40 and continue falling into the area below the level of $ 55. In favor of falling quotations and prices for oil BRENT will test the resistance line on the indicator of relative strength index (RSI). Brent prediction & technical analysis on October 24, 2017 Expect to accelerate the fall of quotations is with the breakdown of the level of $ 56 per barrel, indicating that the quotes are out of the channel. The abolition of the…

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Currency pair US Dollar to Canadian Dollar USD/CAD continues to move near the area of ​​1.2640. At this point, we should expect an attempt to test the upper bound of the «Triangle» model near the area of ​​1.2595. Where can we expect a rebound and the growth of quotations above the level of 1.2765. USD/CAD prediction & technical analysis on October 24, 2017 In favor of the growth of quotations of the Canadian Dollar will perform a test of a broken trend line on the indicator of relative strength index (RSI). The cancellation of the USD/CAD growth option on Forex…

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Quotes of Gold XAU/USD continue to move within the limits of the decline. At this point, we should expect an attempt to test the level of 1270 and continue growth with a potential target at the level of 1295. In favor of the growth of quotations XAU/USD is the test of the support line on the indicator of relative strength index (RSI), as well as the formation of a bullish wave of Wolfe. XAU/USD prediction & technical analysis on October 24, 2017 The cancellation of the variant of the growth of the price for GOLD will be the breakdown of…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the limits of the decline. At this point, we should expect a test of the resistance level near 0.7040 and the continuation of the fall below 0.6850. NZD/USD prediction & technical analysis October 24, 2017 In favor of the growth of the pair on Forex is the test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of growth of quotations of the New Zealand Dollar to Forex will be the breakdown of the area of ​​0.6950,…

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