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.

10.07.2020

Forex Technical Analysis & Forecast 10.07.2020

BTCUSD is falling towards 9099.00.
09.07.2020

Forex Technical Analysis & Forecast 09.07.2020

After reaching 1800.00 and forming an upside continuation pattern around this level, Gold has broken it upwards to extend the wave up to 1817.80.
08.07.2020

Forex Technical Analysis & Forecast 08.07.2020

Brent is still correcting towards 42.42 and may later form one more ascending structure to reach 43.80.
07.07.2020

Forex Technical Analysis & Forecast 07.07.2020

AUDUSD has completed the ascending wave at 0.6990; right now, it is moving downwards to break 0.6949.
06.07.2020

Forex Technical Analysis & Forecast 06.07.2020

USDCHF is moving close to the downside border of the range.
03.07.2020

Forex Technical Analysis & Forecast 03.07.2020

USDJPY is consolidating around 107.46 without any particular direction.
02.07.2020

Forex Technical Analysis & Forecast 02.07.2020

USDRUB is still trading downwards to reach 69.96.
01.07.2020

Forex Technical Analysis & Forecast 01.07.2020

After breaking 1.2300 upwards, GBPUSD has completed another ascending wave at 1.2370, which may be considered as a correction.