Forex Analyse & Prognose

22.10.2021USDJPY reached stability after a couple of days of sales. The Japanese Yen is slowly falling against the USD on Friday – market players are analysing the inflation data. The current quote for the instrument is 113.93.Today’s statistics from Japan made investors pause to think. The Consumer...

22.10.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, convergence on MACD made the pair start a new rising wave, which, after reaching 50.0% fibo, was followed by another pullback. After the pullback is over, the asset may resume growing to complete the correctional phase ...

22.10.2021BRENTIn the H4 chart, after breaking 3/8, Brent is no longer consolidating. In this case, the price is expected to continue falling towards the closest support at 2/8. However, this scenario may no longer be valid if the asset breaks 3/8 to the upside. After that, the instrument may resume...

22.10.2021EURUSD, “Euro vs US Dollar”EURUSD is trading at 1.1631; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1620 and then resume moving upwards to reach 1.1755. Another signal...

22.10.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset continues trading upwards. After forming several reversal patterns, such as Engulfing, not far from the support level, XAUUSD is reversing and may form a new rising impulse. In this case, the upside target may be the resis...

22.10.2021EURUSD, “Euro vs US Dollar”EURUSD is still consolidating above 1.1620. Possibly, today the pair may form one more ascending structure to break 1.1645 and then continue growing towards 1.1670. If later the price breaks this level as well, the market may trade upwards to reach 1.1717. On the...

21.10.2021GBPUSD continues trading moving upwards notwithstanding short pauses. The British Pound is retreating a little bit against the USD but the overall tendency remains bullish. The current quote for the instrument is 1.3802.In some way, the Pound is capitalising on the situation rising because...

21.10.2021GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is trading at 1.3800; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3705 and then resume moving upwards to reach 1.3995...

21.10.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset has completed the correction by forming several reversal patterns, including Shooting Star, close to the resistance level. At the moment, EURUSD may reverse and start a new decline. In this case, the downside target may be...

21.10.2021BrentAs we can see in the H4 chart, after breaking the post-correctional extension area between 138.2% and 161.8% fibo at 82.19 and 85.14 respectively, Brent continues growing steadily to reach the fractal high at 87.09. At the same time, there is divergence on MACD, which may indicate a p...

21.10.2021USDCHF, “US Dollar vs Swiss Franc”In the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading below it, thus indicating a possible descending tendency. In this case, the price is expected to test 6/8, break it, and then continue falling to reach the support at 5/8. Howeve...

21.10.2021EURUSD, “Euro vs US Dollar”After rebounding from 1.1618, finishing another ascending wave at 1.1646, and then forming a new consolidation range above the latter level, EURUSD has broken it to the upside and may later continue trading upwards to reach 1.1687. If later the price breaks this ...

20.10.2021After reaching its 3-week high, EURUSD paused not knowing what to do. The major currency pair took a break again. The current quote for the instrument is 1.1624.The statistics published yesterday showed that the Housing Starts in the US in September was 1.56M after being 1.58M in the previ...

20.10.2021 GBPUSD stopped growing; market players are analysing the statistic on prices. The British Pound slowed down its growth against the USD on Wednesday. The current quote for the instrument is 1.3780.Earlier today, the United Kingdom released several reports on prices, which obviously confuse...

20.10.2021GBPUSD, “Great Britain Pound vs US Dollar”As we can see in the H4 chart, the correctional uptrend is looking quite stable and has already reached 50.0% fibo. In the future, it may continue towards 61.8% and 76.0% fibo at 1.3929 and 1.4048 respectively. The key resistance remains at the hig...

20.10.2021USDJPY, “US Dollar vs. Japanese Yen”In the H4 chart, USDJPY is trading above the 200-day Moving Average, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and continue growing to reach the resistance at 8/8. However, this scenario may no longer be vali...

20.10.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming several reversal patterns, including Engulfing, close to the support level, USDCAD may reverse in the form of a new correctional impulse. In this case, the correctional target may be the resistance area at 1...

20.10.2021EURUSD, “Euro vs US Dollar”EURUSD is trading at 1.1640; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1605 and then resume moving upwards to reach 1.1735. Another signal...

20.10.2021EURUSD, “Euro vs US Dollar”After finishing another ascending wave at 1.1668 along with the descending impulse towards 1.1627, EURUSD is forming a new consolidation range around 1.1650. If later the price breaks this range to the downside, the market may resume trading downwards with the ta...

19.10.2021GBPUSD is keeping its positive momentum supported by the weakness of the “greenback”. The British Pound continues growing against the USD on Tuesday. The current quote for the instrument is 1.3794.The short-term weakness of the American currency caused by some mixed September statistics on...

19.10.2021GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is trading at 1.3772; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3665 and then resume moving upwards to reach 1.3905...

19.10.2021EURUSD, “Euro vs US Dollar”The daily chart of EURUSD shows that after finishing the “bearish” phase close to 50.0% fibo at 1.1493, the asset is starting a new movement to the upside. Convergence on MACD says this movement may be both a correction and a reversal to break the high at 1.2350....

19.10.2021EURUSD, “Euro vs US Dollar”After finishing the correction at 1.1571 along with the ascending impulse towards 1.1607, and then forming a new consolidation range around the latter level, EURUSD has broken it to the upside to reach 1.1650. Possibly, today the pair may form another consolidati...

19.10.2021The weakness of the “greenback” helps EURUSD to grow quite well. The major currency pair is back to growing and feeling quite confident so far. The current quote for the instrument is 1.1650.There were very few things that might help the European currency to rise as the start of yesterday’...

19.10.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset continues trading upwards. After forming several reversal patterns, such as Engulfing, not far from the support level, XAUUSD is reversing and may form a new rising impulse. In this case, the upside target may be the resis...

19.10.2021AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it, thus indicating an ascending tendency. In this case, the price is expected to continue moving upwards to reach the resistance at 7/8. However, this scenario may n...

18.10.2021XAUUSD, “Gold vs US Dollar”In the H4 chart, after completing the correctional uptrend, XAUUSD is forming a new descending wave. The closest targets of this wave are 61.8% and 76.0% fibo at 1713.25 and 1685.90 respectively. However, the key downside target is the low at 1638.76, a breakout ...

18.10.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the asset has completed the correction by forming several reversal patterns, including Harami, close to the resistance level. At the moment, EURUSD may reverse and start a new decline. In this case, the downside target may be at 1.1...

18.10.2021EURUSD, “Euro vs US Dollar”In the H4 chart, EURUSD is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to test 1/8, break it, and then continue falling to reach the support at 0/8. Still, this scenario may no longer be val...

18.10.2021EURUSD, “Euro vs US Dollar”EURUSD is trading at 1.1571; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1555 and then resume moving upwards to reach 1.1675. Another sign...