Forex technical analysis and forecast: Majors, equities and commodities

EUR/USD, “Euro vs US Dollar” The currency pair has arived at the local aim of the wave of growth at 1.2000. Then the market performed a correction to 1.1925. Today, it is trading in a framework of development towards 1.1970. Then a link of decline to 1.1944 may follow. Around these amounts, a consolidation range is expected to build. With an escape upwards, a pathway towards 1.2000 will open, with a prospective objective of 1.2020. With an escape downwards, the correction may well go on to 1.9000.


GBP/USD, “Great Britain Pound vs US Dollar” The currency pair extended the consolidation area to 1.3383 and dropped to 1.3316. These days, the industry is growing towards 1.3371. If this level is actually broken upwards, the growth might will begin to 1.3400. In the case 1.3315 is actually broken away downwards, the quotations may go deeper down to 1.3290. And if this amount is broken away also, the modification may well go on to 1.3150.


USD/RUB, “US Dollar vs Russian Ruble” The currency pair has broken 75.88 upwards and also indicates a correction to 76.66. After this degree is actually reached, we expect a new declining wave to 74.60. The aim is initially. When this level is reached, a correction to 77.70 could develop.


USD/JPY, “US Dollar vs Japanese Yen” The currency pair helps to keep developing a consolidation range below 104.40 with no clear trend. We expect the range to expand to 103.40, followed by a link of development to 104.40 and a decline o 102.50. The goal is primary.


USD/CHF, “US Dollar vs Swiss Franc” The currency pair demonstrated a spontaneous of development to 0.9092. Nowadays, the market is actually trading in a structure of decline to 0.9050. Near these levels, we expect a consolidation range to form. Immediately after the price escapes it upwards, growth to 0.9127 can be possible. The objective is neighborhood. Immediately after the cost escapes the range downwards, it could go more down to 0.9011. Then a trend of development to 0.9100 could starts.


AUD/USD, “Australian Dollar vs US Dollar” The currency pair performed a trend of development to 0.7406 and a link of correction to 0.7341. Today, the industry is trading in a framework of growth to 0.7377. Afterward we expect a decline to 0.7355. Around these levels, a consolidation range is actually apt to form. With an escape upwards, a potential of development to 0.7410 will seem. With an escape downwards, a decline to 0.7260 will become possible.


Oil keeps developing a consolidation range above 47.33. When the price tag escapes it downwards, it could further correct to 46.41. The goal is neighborhood. Upon escaping the cooktop upwards, the price may well grow to 48.90.


XAU/USD, “Gold vs US Dollar” Gold done a trend of decline to 1764.50. Today, the market is creating a consolidation range above this level. We consider advancement to 1807.80, followed by a decline to 1782.85 and growth to 1832.40.


BTC/USD, “Bitcoin vs US Dollar” The market has completed an additional wave of development towards 19,800. At the moment, the industry is developing a consolidation range under this level. A decline to 18,150 is possible. Then advancement might go on to 20,000. After this degree is reached, a correction to 16,500 might start.


S&P 500 The stocks marketplace performed a correction to 3600.0 and today, opening with a gap upwards, has nearly used the entire potential of this particular wave, covering 3661.5. We expect a consolidation range to develop at the present highs. Immediately after the cost escapes the range downwards, we expect it to go back down to 3600.0.

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