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.

Ethereum Classic ETC/USD is trading at 11.20. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of ​​Ichimoku Kinko Hyo indicator signal lines near the level of 11.50 is expected, from which it is expected to attempt a rebound and further fall with the target near the level of 10.00. An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Ethereum Classic prediction & analysis on October 12, 2017 Earlier, a strong signal was received…

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Dash DSH/USD is traded at the level of 290. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo signal line area test is near the level of 295, from which one should expect a rebound and continuation of the bearish trend development with the target near the level of 255. Dash prediction & analysis DSH/USD on October 12, 2017 An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier,…

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Bitcoin BTC/USD is trading at 4797. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test is near the 4550 level, from which it is expected to attempt a rebound and continue growth with a target higher than the level of 5100. An additional signal in favor of the growth of the cryptocurrency is the test of the support area, as well as the test of the lower boundary of the bullish channel. Bitcoin prediction & analysis BTC/USD on October 12, 2017 Earlier, a…

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The currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At the moment, quotes have broken through the upper limit of the «Wedge» model, we should expect the euro to continue to grow above 1.19. EUR/USD prediction & technical analysis on October 12, 2017 Where again we should expect a rebound and a decline in the euro below the level of 1.1650 as part of the start of the development of the «Head and Shoulders» reversal model. In favor of the growth of quotations EUR/USD is a breakdown of the downward trend line on the indicator…

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Currency pair Pound Dollar GBP/USD continues to move within the limits of growth. At the moment, the pair is testing the area of ​​1.32. It is necessary to expect the breakdown of the upper boundary of the descending channel and the attempt to grow above the level of 1.3450. GBP/USD prediction & technical analysis on October 12, 2017 In favor of the growth of the pair on Forex is the breakdown of the bearish trend line on the indicator of relative strength index (RSI). Cancellation of the pair’s growth option will be a drop and breakdown at the level of…

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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 the pair is testing the support area, we should expect a rebound attempt and growth above the level of 0.7850, where again we should expect the continuation of the fall. AUD/USD prediction & technical analysis on October 12, 2017 In favor of continuing the decline of the pair, a downtrend line test will perform on the relative strength indicator (RSI). The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and a breakdown at…

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Quotes of the currency pair USD/JPY are trading within the limits of the decline. At the moment, we should expect a test of the support level near the area of ​​111.10, and further continue the growth in the area above the level of 113.90. In favor of the growth of the pair, an uptrend line test will be performed on the indicator of relative strength index (RSI). USD/JPY prediction & technical analysis on October 12, 2017 Cancellation of the growth option will be a drop and breakdown at the level of 110.40, which will indicate the continued decline in 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 56.90 and continuation of the decline in the support area at $ 53 per barrel. In favor of falling quotations and prices for oil BRENT is the test of the downward trend line on the indicator of relative strength index (RSI). Brent prediction & technical analysis on October 12, 2017 To expect the acceleration of the fall is with the breakdown of the level of 54.50. The abolition of the decline in oil prices will…

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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 will test the breakdown of the border of the bullish channel. USD/CAD prediction & technical analysis on October 12, 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…

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Quotes of Gold XAU/USD continue to move within the limits of growth. At the moment, we should expect a test of the broken down channel border near the level of 1285, and then continue the growth of quotations above the level of 1320. In favor of the growth of quotations XAU/USD is the formation of a bullish model «5-0». XAU/USD prediction & technical analysis on October 12, 2017 Expect to accelerate the growth of XAU/USD with a breakdown of the level of 1300. Cancellation of the variant of the growth of the price for Gold will be the breakdown of…

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