Forex Technical Analysis & Forecasts

Forex Technical Analysis & Forecasts


Forex Technical Analysis Forecast 21.12.2021

Posted: 20 Dec 2021 11:39 PM PST

EURUSD, Euro vs US DollarEURUSD has completed the correction at 1.1236 along with the ascending structure towards 1.1303. Possibly, today the pair may start a new decline to break 1.1261 and then continue trading downwards to reach 1.1221. After that, the instrument may resume growing to return to 1.1303.GBPUSD, Great Britain Pound vs US DollarGBPUSD has finished the descending structure at 1.3173 along with the correction towards 1.3245. Today, the pair may resume falling to reach 1.3140 and then start another growth with the target at 1.3255.USDRUB, US Dollar vs Russian RubleAfter completing the ascending structure at 74.40, USDRUB is expected to fall and break 73.51. Later, the market may continue trading downwards with the shortterm target at 72.72.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the correction at 113.31; right now, it is growing to break 113.77. After that, the instrument may continue trading upwards with the target at 114.25.USDCHF, US Dollar vs Swiss FrancUSDCHF has finished the descending structure at 0.9192. Possibly, today the pair may form one more ascending structure to break 0.9262 and then continue growing with the target at 0.9348.AUDUSD, Australian Dollar vs US DollarAUDUSD is consolidating around 0.7105. Today, the pair may grow to reach 0.7129 and then start a new decline to return to 0.7105. If later the price breaks the range to the upside, the market may correct with the target at 0.7165.BRENTBrent has finished the correction at...

Forex Technical Analysis Forecast 20.12.2021

Posted: 19 Dec 2021 11:45 PM PST

EURUSD, Euro vs US DollarEURUSD is correcting towards 1.1227; it has already reached the shortterm target at 1.1238. Possibly, today the pair may start a new growth to reach 1.1290 and then resume trading downwards to return to 1.1227.GBPUSD, Great Britain Pound vs US DollarGBPUSD is falling with the shortterm target at 1.3200. Later, the market may start a new growth to test 1.3269 from below and then resume trading downwards with the target at 1.3160.USDRUB, US Dollar vs Russian RubleUSDRUB is still growing towards 74.20 and may later start a new decline with the shortterm target at 72.90.USDJPY, US Dollar vs Japanese YenAfter completing the ascending impulse at 113.74, USDJPY is correcting towards 113.44 and may later form one more ascending structure to break 113.80. After that, the instrument may continue trading upwards with the target at 114.14.USDCHF, US Dollar vs Swiss FrancUSDCHF has finished the ascending impulse at 0.9245; right now, it is correcting towards 0.9210. Later, the market may form one more ascending structure to break 0.9292 and then continue growing with the target at 0.9350.AUDUSD, Australian Dollar vs US DollarAUDUSD has competed the descending structure at 0.7110. Today, the pair may consolidate at the lows. If later the price breaks the range to the upside, the market may resume trading upwards with the target at 0.7170.BRENTBrent has finished the correction at 71.34. Possibly, today the asset may form one more ascending structure to break...

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