Forex Technical Analysis & Forecast 15.02.2023

15.02.2023

EURUSD, “Euro vs US Dollar”

The currency pair completed a link of growth to 1.0820. Next, the market formed an impulse of decline and its correction to 1.0770. At the moment, the market is forming a consolidation range around 1.0722. An escape downwards and extension of the wave of decline to 1.0627 are expected. After this level is reached, a link of growth to 1.0696 is expected. Then the wave should develop to 1.0595.

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 completed a structure of growth to 1.2267. Then the market formed an impulse of decline and its correction to 1.2220. Today the market has completed a new decline to 1.2140. At the moment, a consolidation range is forming around this level. A decline to 1.2088 is expected. After this level is reached, a link of growth to 1.2177 and a decline to 1.2000 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 is forming a structure of growth to 133.44. After this level is reached, the instrument might decline to 131.62. The goal is first.

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 has completed a link of decline to 0.9136. Today the market is forming an impulse of growth to 0.9260. Then a correction to 0.9199 and growth to 0.9322 should follow.

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 completed a structure of growth to 0.7027, an impulse of decline and a correction to 0.6990. Today the market is forming a new impulse of decline to 0.6924. After this level is reached, a consolidation range should form above this level. With an escape downwards, a pathway to 0.6860 should form.

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 85.00. A link of decline to 83.33 is not excluded. Then a new structure of growth to 87.77 should develop, followed by a correctional decline to 85.00, at least, and growth to 92.15. 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 has completed an impulse of decline to 1844.00 and a correction to 1860.00. Today the market is extending a wave of decline to 1830.00. After this level is reached, a link of growth to 1860.00 is not excluded.

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

S&P 500

The stock index has completed a link of growth to 4178.0. Today the market is forming a structure of decline to 4077.0. After this level is reached, a correction to 4128.0 and a decline to 4025.0 are not excluded. 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.