Forex Technical Analysis & Forecasts |
| Forex Technical Analysis Forecast 25.11.2021 Posted: 24 Nov 2021 11:45 PM PST EURUSD, Euro vs US DollarAfter completing the descending structure at 1.1186, EURUSD is expected to correct towards 1.1225. Later, the market may start another decline with the target at 1.1182.GBPUSD, Great Britain Pound vs US DollarAfter finishing the descending wave at 1.3315, GBPUSD is correcting towards 1.3346. Later, the market may resume trading downwards with the target at 1.3305.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the descending impulse at 74.13 along with the correction towards. Possibly, today the pair may form a new descending structure to break 73.96 and then continue falling with the target at 72.72.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the ascending wave at 115.50; right now, it is consolidating below this level. Possibly, the pair may break this range to the upside and start a new growth with the target at 116.06.USDCHF, US Dollar vs Swiss FrancAfter reaching the shortterm upside target at 0.9366, USDCHF is correcting towards 0.9317. Later, the market may start another growth with the target at 0.9383.AUDUSD, Australian Dollar vs US DollarAUDUSD has completed the descending wave at 0.7183. Possibly, today the pair may correct towards 0.7222 and then start another decline with the target at 0.7171.BRENTBrent has finished the ascending structure at 82.44; right now, it is consolidating below this level. If later the price breaks this range to the downside, the market may resume trading downwards to reach 77.40; if to the... |
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