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.
Brent is falling towards 47.33.
After breaking 1.3364 to the upside, GBPUSD is expected to continue growing towards 1.3425.
After completing the ascending wave at 1.1880 along with the correction towards 1.1850, EURUSD is growing to reach 1.1900.
USDRUB is consolidating above 75.65.
EURUSD is still consolidating above 1.1850.
Gold is still consolidating around 1866.26.
Brent is still consolidating around 44.24.
USDRUB has broken 76.70 downwards.