Forex Technical Analysis & Forecast 13.02.2023

13.02.2023

EURUSD, “Euro vs US Dollar”

The currency pair has completed a link of decline to 1.0645. Today the market might develop a structure of growth to 1.0695. Next, a decline to 1.0639 and growth to 1.0740 should follow. Then the price might drop to 1.0605, from where the range should extend to 1.0600. The goal is local.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

The currency pair has completed a wave of decline to 1.2048. Today the market is forming a consolidation range around this level. A link of decline to 1.1970 is expected, from where the wave might continue to 1.1958. Then growth to 1.2040 and a decline to 1.1896 should follow. The goal is local.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

The currency pair continues developing a link of growth to 132.67. After this level is reached, a link of decline to 131.60 should follow, and then - growth to 133.44.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

The currency pair is forming a link of growth to 0.9278. Then a decline to 0.9240 and growth to 0.9317 should follow, from where the wave might continue to 0.9355.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

The currency pair continues declining to 0.6868. After this level is reached, a link of correction to 0.6915 is not excluded, followed by a decline to 0.6820.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Crude oil is forming a consolidation range around 85.22. A structure of growth to 87.62 is expected. Then a decline to 83.33 and growth to 92.10 should follow. The goal is first.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

Gold is forming a consolidation range around 1858.65. A link of decline to 1844.55 is expected. Then a link of growth to 1858.55 should follow. Then we expect a decline to 1830.25.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

S&P 500

The currency pair continues forming a consolidation range around 4080.0. With an escape downwards, a link of decline to 3992.5 should follow. Then we expect growth to 4050.0 and a decline to 3923.5, from where the wave might extend to 3900.0. The goal is local.

S&P 500
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.