Forex Technical Analysis & Forecasts |
| Forex Technical Analysis Forecast 18.11.2021 Posted: 18 Nov 2021 12:21 AM PST EURUSD, Euro vs US DollarAfter forming a new consolidation range around 1.1300, EURUSD is expected to break it to the downside and reach the target at 1.1250. Later, the market may correct towards 1.1350 and then resume trading within the downtrend with the target at 1.1174.GBPUSD, Great Britain Pound vs US DollarGBPUSD has completed the correction at 1.3500. Possibly, today the pair may fall to break 1.3400 and then continue falling with the shortterm target at 1.3290.USDRUB, US Dollar vs Russian RubleAfter rebounding from 73.50, USDRUB is falling towards 71.80. Later, the market may resume trading upwards to reach 73.73 and then form a new descending structure with the target at 72.00.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the correctional structure at 114.00; right now, it is growing to break 114.60 and may later continue trading upwards with the target at 115.27.USDCHF, US Dollar vs Swiss FrancUSDCHF is consolidating around 0.9300. Possibly, the pair may fall towards 0.9260 and then resume trading upwards with the target at 0.9340.AUDUSD, Australian Dollar vs US DollarAUDUSD is still consolidating around 0.7275. Today, the pair may break the range to the downside and reach 0.7236. After that, the instrument may form one more ascending structure to reach 0.7300 and then resume trading downwards with the target at 0.7230.BRENTBrent has finished the descending structure at 80.00. Possibly, today the asset may consolidate near the lows. Later, the market may... |
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