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.

Quotes of the currency pair USD/JPY are trading within the limits of the decline. At this point, we should expect a breakdown at 112.00 level, and then continue falling into the area below the level of 110.70. Where can we expect a rebound from the lower border of the channel and an attempt to grow into the region above the level of 113.50. USD/JPY prediction & technical analysis on October 16, 2017 In favor of the growth of the pair will perform a test of the support area on the indicator of relative strength index (RSI). The cancellation of the…

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Quotes of BRENT crude oil continue to be traded within the rising channel. At the moment, we should expect a test of the level of 55.60 and the continuation of growth in the area above the level of $ 58 per barrel. In favor of the growth of quotations and oil prices BRENT will test the upward trend line on the indicator of relative strength, as well as the formation of the reversal model of the «Head and Shoulders». Brent prediction & technical analysis on October 16, 2017 Expect the acceleration of the growth of quotations is with the breakdown…

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Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of an bullish correction. At the moment, we should expect an attempt to test the level of 1.2550 and continue the fall of the pair with a target at 1.2350. In favor of lowering the quotes of the Canadian Dollar, a resistance level test will perform. USD/CAD prediction & technical analysis on October 16, 2017 Canceling the USD/CAD decline on Forex will be a strong growth and breakdown of the area of ​​1.2605, which indicates that the pair continues to grow above the level of 1.2670.…

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Quotes of Gold XAU/USD continue to move within the limits of growth. At the moment, we should expect an attempt to drop the quotes below the level of 1275. Again, we should expect a rebound and a rise in GOLD prices above the level of 1320 within the beginning of the development of the bullish «5-0» model. XAU/USD prediction & technical analysis on October 16, 2017 In favor of falling quotations XAU/USD is the formation of a reversal model the «Failure Swing» on the indicator of relative strength index (RSI). The cancellation of the variant of the growth of the…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the growth In favor of the development of the bullish trend for the pair is the formation of an bullish wave model of Wolfe. At the moment, we should expect a test of the level of 0.7160 and continue the decline in the area below the level of 0.7020. NZD/USD prediction & technical analysis on October 16, 2017 In favor of the fall of the pair on Forex will test the trend line on the indicator of relative strength index (RSI). Cancellation of the…

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Currency pair Dollar Franc USD/CHF continues to move within the correction. At the moment, we should expect a test of the level of 0.9770 and the continuation of the fall of quotations in the area below the level of 0.9620. In favor of reducing the Dollar/Franc pair is the breakdown of the support line on the indicator of relative strength index (RSI), as well as the formation of the «Head and Shoulders» reversal pattern. USD/CHF prediction & technical analysis on October 16, 2017 The cancellation of the USD/CHF fall on the Forex will result in a strong growth and breakout…

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Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the lateral trend. At this point, we should expect an attempt to test the bottom of the uplink and continue growing with the target above the area of ​​58.60. In favor of the growth of the pair USD/RUB is the test of the support line on the indicator of relative strength index (RSI). USD/RUB prediction & technical analysis on October 16, 2017 An additional signal in favor of growth is the formation of a bullish «5-0» model at small time intervals. Canceling the growth of the pair USD/RUB…

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Zcash ZEC/USD is trading at 233. Cryptocurrency is traded below the lower bound of the Cloud of the Ichimoku indicator Kinko Hyo, which indicates a bearish trend for Zcash. Ichimoku Kinko Hyo Cloud near the level 240 is expected to be tested near the level of 240, from which one should expect a rebound and an attempt to further fall below the level of 190. Earlier, a strong signal was received for sell of Zcash cryptocurrency, by crossing signal lines at level 246. Zcash prediction & analysis ZEC/USD on October 13, 2017 By abolishing the variant of Zcash there will…

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Ripple XRP/USD is trading at the level of 0.2496. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Ripple. The test of the upper limit of the Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.2455, from which it is expected to rebound and the growth of the crypto currency with the target close to 0.2860. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel. Ripple prediction & analysis XRP/USD…

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Monero XMR/USD is trading at the level of 86. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 88, from which one should expect a rebound and the continued fall of the cryptocurrency with a target near the level of 80. Monero prediction & analysis XMR/USD on October 13, 2017 An additional signal in favor of the drop of the cryptocurrency will come from the upper channel test. Earlier, a strong signal was received for sell…

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