Forex Technical Analysis & Forecasts |
| Forex Technical Analysis Forecast 25.02.2022 Posted: 25 Feb 2022 12:21 AM PST EURUSD, Euro vs US DollarAfter completing the descending wave at 1.1106 along with the ascending impulse towards 1.1182, EURUSD has formed a new consolidation range around the latter level; right now, it is trading to break the range to the upside. Possibly, today the pair may grow to reach 1.1257 and then resume trading downwards with the target at 1.1063.GBPUSD, Great Britain Pound vs US DollarHaving broken 1.3500, finishing the descending wave at 1.3273 along with the ascending impulse towards 1.3382, GBPUSD has formed a new consolidation range around the latter level. Today, the pair may break the range to the upside and start another growth to reach 1.3490. Later, the market may form a new descending structure with the shortterm target at 1.3155.USDRUB, US Dollar vs Russian RubleAfter reaching 88.80 and then completing the descending wave at 83.33, USDRUB is expected to fall to break 81.15 and then continue trading downwards with the shortterm target at 74.00.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the ascending wave at 115.63; right now, it is correcting down to 115.10. After that, the instrument may form one more ascending structure with the target at 115.80.USDCHF, US Dollar vs Swiss FrancAfter completing the ascending wave at 0.9283, USDCHF is correcting down to 0.9222. Later, the market may resume trading upwards with the target at 0.9299.AUDUSD, Australian Dollar vs US DollarAUDUSD has finished the descending wave at 0.8095; right now, it is... |
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