Forex Technical analysis and forecasts

Currencies are believed to move in cycles, which means that one may try to estimate and predict their future fluctuations. Technical analysis helps to look into behavior of currency pairs on the basis of traded value, movement direction, investors’ common interests, and fluctuations history.

27.11.2020

Forex Technical Analysis & Forecast 27.11.2020

Brent is falling towards 47.33.
26.11.2020

Forex Technical Analysis & Forecast 26.11.2020

After breaking 1.3364 to the upside, GBPUSD is expected to continue growing towards 1.3425.
25.11.2020

Forex Technical Analysis & Forecast 25.11.2020

After completing the ascending wave at 1.1880 along with the correction towards 1.1850, EURUSD is growing to reach 1.1900.
24.11.2020

Forex Technical Analysis & Forecast 24.11.2020

USDRUB is consolidating above 75.65.
23.11.2020

Forex Technical Analysis & Forecast 23.11.2020

EURUSD is still consolidating above 1.1850.
20.11.2020

Forex Technical Analysis & Forecast 20.11.2020

Gold is still consolidating around 1866.26.
19.11.2020

Forex Technical Analysis & Forecast 19.11.2020

Brent is still consolidating around 44.24.
18.11.2020

Forex Technical Analysis & Forecast 18.11.2020

USDRUB has broken 76.70 downwards.