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.

30.07.2021

Forex Technical Analysis & Forecast 30.07.2021

The Ruble continues falling, the Yen has reached another downside target, the Aussie is consolidating, Brent is heading towards 77.00, while S&P 500 is starting a new decline.
29.07.2021

Forex Technical Analysis & Forecast 29.07.2021

The Euro and the Pound continue their respective corrections, the Yen is forming the first wave to the downside, the Aussie is correcting, Brent may update its highs, while S&P 500 is heading towards 4430.0.
28.07.2021

Forex Technical Analysis & Forecast 28.07.2021

The Euro and the Pound continue their respective corrections, the Yen is forming the first wave to the downside, the Aussie continues trading downwards, Brent may update its highs, while S&P 500 is heading towards 4430.0.
27.07.2021

Forex Technical Analysis & Forecast 27.07.2021

The Euro and the Pound have completed their respective corrections, the Yen is forming the first wave to the downside, the Aussie continues trading downwards, Brent may update its highs, while S&P 500 is heading towards 4430.0.
26.07.2021

Forex Technical Analysis & Forecast 26.07.2021

The Euro and the Pound are consolidating before resuming their respective decline, the Yen is forming the first wave to the downside, the Aussie continues trading downwards, Brent may update its highs, while S&P 500 is heading towards 4430.0
09.07.2021

Forex Technical Analysis & Forecast 09.07.2021

USDJPY has finished another descending wave at 109.55. Possibly, today the pair may grow towards 110.16 and then fall to reach 109.85, thus forming a new consolidation range between these two levels.
08.07.2021

Forex Technical Analysis & Forecast 08.07.2021

After forming a new consolidation range above 1795.83, Gold is expected to form a new descending structure to break 1750.33.
07.07.2021

Forex Technical Analysis & Forecast 07.07.2021

USDJPY is still falling towards 110.27. Later, the market may form one more ascending wave to reach 111.00.