Forex Technical Analysis & Forecasts

Forex Technical Analysis & Forecasts


Forex Technical Analysis Forecast 15.02.2022

Posted: 15 Feb 2022 12:24 AM PST

EURUSD, Euro vs US DollarHaving completed another descending structure at 1.1280, EURUSD is expected to grow towards 1.1334 and then fall to reach 1.1307, thus forming a new consolidation range between the two latter levels. If the price breaks the range to the upside, the market may form one more ascending structure with the target at 1.1400; if to the downside fall towards 1.1255 and then resume trading upwards to reach the abovementioned target.GBPUSD, Great Britain Pound vs US DollarGBPUSD has finished another descending structure at 1.3495. Possibly, today the pair may correct towards 1.3555 and then resume trading downwards with the shortterm target at 1.3434.USDRUB, US Dollar vs Russian RubleUSDRUB is falling towards 75.75. After that, the instrument may correct to reach 76.58 and then resume trading downwards with the target at 75.05.USDJPY, US Dollar vs Japanese YenHaving completed the correctional structure at 115.71, USDJPY is expected to fall towards 114.85 and then consolidate there. Later, the market may break the range to the downside and form a new descending wave with the target at 114.20.USDCHF, US Dollar vs Swiss FrancAfter rebounding from 0.9280, USDCHF is consolidating around 0.9240. Later, the market may break the range to the downside and resume falling with the shortterm target at 0.9210.AUDUSD, Australian Dollar vs US DollarAUDUSD has completed the descending wave at 0.7085 along with the correction towards 0.7140. Possibly, the pair may fall to...

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