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.

30.10.2020

Forex Technical Analysis & Forecast 30.10.2020

After reaching 1.1650 and finishing the first half of the third descending wave, EURUSD continues falling; right now, it is consolidating above 1.1650.
29.10.2020

Forex Technical Analysis & Forecast 29.10.2020

After rebounding from 13844.00 and then reaching the short-term downside target at 12873.00, BTCUSD is correcting towards 13280.00.
28.10.2020

Forex Technical Analysis & Forecast 28.10.2020

After completing the ascending structure and testing 41.80 from below, Brent is moving downwards to break 40.50.
27.10.2020

Forex Technical Analysis & Forecast 27.10.2020

Brent is still consolidating around 41.00.
26.10.2020

Forex Technical Analysis & Forecast 26.10.2020

GBPUSD is falling towards 1.2989.
23.10.2020

Forex Technical Analysis & Forecast 23.10.2020

GBPUSD is falling towards 1.3043.
22.10.2020

Forex Technical Analysis & Forecast 22.10.2020

After completing another ascending structure at 1.1880, EURUSD is forming a new descending impulse.
21.10.2020

Forex Technical Analysis & Forecast 21.10.2020

The S&P index is consolidating around 3455.0.