Forex Technical Analysis & Forecasts |
| Forex Technical Analysis Forecast 10.02.2022 Posted: 10 Feb 2022 12:36 AM PST EURUSD, Euro vs US DollarHaving completed the first descending wave at 1.1396 along with the correction towards 1.1446, EURUSD has finished another descending impulse to reach 1.1414; right now, it is correcting towards 1.1429 and may later resume falling to break 1.1382. After that, the instrument may continue trading downwards with the shortterm target at 1.1300.GBPUSD, Great Britain Pound vs US DollarGBPUSD continues falling towards 1.3518. Later, the market may correct to reach 1.3555 and then start another decline with the target at 1.3465.USDRUB, US Dollar vs Russian RubleUSDRUB continues trading downwards to reach 74.58 and may later consolidate near the lows. If the price breaks this range to the upside, the market may start another correction towards 75.65; if to the downside resume falling with the target at 74.00.USDJPY, US Dollar vs Japanese YenUSDJPY is growing towards 115.65. After that, the instrument may form a new descending structure to break 115.24 and then continue falling with the target at 114.04.USDCHF, US Dollar vs Swiss FrancUSDCHF is still consolidating around 0.9235 without any specific direction. Possibly, the pair may break it to the upside and reach 0.9294. Later, the market may start a new decline to break 0.9235 and ten continue falling with the target at 0.9136.AUDUSD, Australian Dollar vs US DollarAfter forming a new consolidation range around 0.7157 and breaking it to the upside, AUDUSD is expected to grow towards 0.7229. Later, the... |
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