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.

Bitcoin BTC/USD completes the trading week near area 4349. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Bitcoin. It is expected to test the area of ​​signal lines near level 4160, from which it is expected to attempt a rebound and continue growth with the target near the level of 5100. Bitcoin weekly forecast on August 28 — September 1, 2017 An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the uplink. A medium strength signal for buying Bitcoin…

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The currency pair Euro to US Dollar EUR/USD continues to trade within the framework of lateral movement. At the moment, we should expect the continuation of growth in the area above the level of 1.1880. Whence again it is necessary to expect a rebound and the beginning of falling of quotations of pair EUR/USD in the area below level 1.17. EUR/USD forecast & analysis Euro Dollar on August 25, 2017 In favor of the drop, a resistance line test will be performed on the relative strength indicator (RSI). Cancellation of the variant of falling quotations of the euro/dollar for Forex…

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The currency pair British Pound to US Dollar GBP/USD continues to move within the limits of the decline. At this point, we should expect a rebound from the level of support and continuing growth in the area above the level of 1.2935. GBP/USD forecast & analysis Pound Dollar on August 25, 2017 Whence again it is necessary to expect falling of quotations the Pound/Dollar below level 1.2750. In favor of the fall of the Pound/Dollar pair on Forex will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall of the pair will…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the downward channel. At this point, we should expect a rebound attempt and growth in the area above the level of 0.7995. Whence again it is necessary to expect attempt of falling in the area below 0.7800. AUD/USD forecast & technical analysis on August 25, 2017 In favor of the growth of the pair 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 Australian Dollar will be a breakdown at the level…

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Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move in the fall. At the moment, we should expect a test of the level of 110.40 and continuation of the pair’s decline in the area below the level of 107.70. USD/JPY forecast & technical analysis on August 25, 2017 In favor of the fall of the pair, a resistance line test will be performed on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the area of ​​111.00, which will indicate the continued growth…

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Quotes of BRENT crude oil continue to trade near the resistance area. At this point, we should expect an attempt to continue the decline in oil prices in the support area near 50. Where again we should expect a rebound and an increase in oil prices. Technical analysis & forecast crude oil on August 25, 2017 In favor of falling quotations, a resistance line test will be performed on the indicator of relative strength. The abolition of the fall in oil prices will be a strong growth and breakdown of the region of $ 54 per barrel, which will indicate…

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The currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of the formation of the bullish model of the Wolfe wave. It is expected to continue the decline in quotations in the area of ​​1.25, where again we should expect a rebound and growth of quotations of the pair with a potential target near the area of ​​1.2760. USD/CAD forecast & technical analysis on August 25, 2017 In favor of the growth of quotations will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the USD/CAD growth…

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Quotes Gold XAU/USD continue to move within the framework of the Wedge model. At this point, we should expect an attempt to continue the growth of quotations above 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). XAU/USD forecast & technical analysis GOLD on August 25, 2017 Near the level of 1295 again expect a fall in quotations and prices for GOLD. To wait for the start of the Wedge model’s development is the closing of quotations below the area of ​​1280.…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the formation of the «Head and Shoulders» reversal pattern. It is expected to rebound quotes from the support level and rise to the area above the level of 0.7330, where again we should expect the beginning of the fall in the area below 0.6990. NZD/USD forecast & technical analysis on August 25, 2017 In favor of the growth of the pair is the test of the support line on the indicator of relative strength index (RSI). Expect to accelerate the fall in…

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Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the formation of the «Triangle» model. At the moment, the bottom of the model is near the area of ​​0.9590. Where again we should expect a rebound and the growth of quotations above the level of 0.9760. USD/CHF forecast & technical analysis on August 25, 2017 In favor of growth, a test of the support line on the indicator of relative strength index (RSI) will perform. Canceling the growth of the pair USD/CHF will be the fall and breakdown of the area of ​​0.9540, which…

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