Daily Forex Forecast

17.05.2022EURUSD, “Euro vs US Dollar”After forming a new consolidation range around 1.0412, EURUSD has broken it to the upside. Today, the pair may correct with the target at 1.0474. Later, the market may then start a new decline towards 1.0300 or even extend this structure down to 1.0200.GBPUSD, “G...

16.05.2022EURUSD, “Euro vs US Dollar”After forming a narrow consolidation range around 1.0390, EURUSD has broken it to the downside; right now, it is still falling with the target at 1.0275. Later, the market may correct to correct towards 1.0400 and then start a new decline towards 1.0243 or even e...

13.05.2022EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.0444 and then forming a new consolidation range around this level, EURUSD has broken it to the downside; right now, it is still falling with the target at 1.0290. Later, the market may correct to return to 1.0444 and then ...

12.05.2022EURUSD, “Euro vs US Dollar”After breaking 1.0529, EURUSD is still falling towards 1.0483. Later, the market may grow to return to 1.0530 and then form a new descending structure with the target at 1.0462.GBPUSD, “Great Britain Pound vs US Dollar”Having broken 1.2305, GBPUSD continues falli...

11.05.2022EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.0530. If later the price breaks this range to the downside, the market may form a new descending structure with the target at 1.0462; if to the upside – start another growth towards 1.0610 or even break this level to extend ...

06.05.2022EURUSD, “Euro vs US Dollar”After finishing the descending impulse at 1.0555, EURUSD is consolidating around this level. If later the price breaks this range to the downside, the market may form a new descending structure with the target at 1.0464; if to the upside – start another growth to...

05.05.2022EURUSD, “Euro vs US Dollar”After breaking 1.0580 to the upside, EURUSD is expected to correct up to 1.0670. Later, the market may form a new descending structure to return to 1.0580 and then start another growth with the target at 1.0696.GBPUSD, “Great Britain Pound vs US Dollar”Having bro...

04.05.2022EURUSD, “Euro vs US Dollar”As we can see in the daily chart, having completed the correction at 1.1800, rebounded from it to the downside, and then finished another descending wave towards 1.0835, EURUSD has broken the downside border of the consolidation range around the latter level to r...

04.05.2022EURUSD, “Euro vs US Dollar”After finishing the correctional wave at 1.0655, EURUSD is forming a new descending structure to break 1.0407 and may later continue trading downwards with the target at 1.0373.GBPUSD, “Great Britain Pound vs US Dollar”Having completed the correctional wave at 1....

29.04.2022EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.0470 and forming a new consolidation range around 1.0515, EURUSD is expected to break it to the downside and reach 1.0466. Later, the market may start a new correction towards 1.0600 and then resume trading downwards with ...

28.04.2022EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.0600 and forming a new consolidation range above this level, EURUSD has broken it to the downside; right now, it is falling towards 1.0506. After that, the instrument may start a new correction to return to 1.0600 and then...

27.04.2022EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.0667 and then forming a new consolidation range above this level, EURUSD has broken it to the downside; right now, it is falling towards 1.0580. After that, the instrument may start a new correction with the target at 1.07...

26.04.2022EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.0700, EURUSD is consolidating above this level. Possibly, the pair may expand the range down to 1.0677. After that, the instrument may start a new correction with the target at 1.0822.GBPUSD, “Great Britain Pound vs US Dol...

25.04.2022EURUSD, “Euro vs US Dollar”After rebounding from 1.0840 and finishing the descending wave at 1.0774, EURUSD has completed the correction towards 1.0810; right now, it is falling to reach 1.0735. After that, the instrument may correct to return to 1.0773 and then start a new decline with th...

22.04.2022EURUSD, “Euro vs US Dollar”EURUSD has rebounded from 1.0930; right now, it is falling towards 1.0801. After that, the instrument may correct to reach 1.0866 and then start a new decline with the target at 1.0686.GBPUSD, “Great Britain Pound vs US Dollar”Having rebounded from 1.3086, GBPUSD...

21.04.2022EURUSD, “Euro vs US Dollar”EURUSD has finished the correction at 1.0860; right now, it is consolidating below this level. Possibly, the pair may expand the range up to 1.0870 and then start a new decline with the target at 1.0750.GBPUSD, “Great Britain Pound vs US Dollar”Having completed t...

20.04.2022EURUSD, “Euro vs US Dollar”EURUSD has finished the correction at 1.0820 and may later start a new decline with the target at 1.0750 or even extend this structure down to 1.0730.GBPUSD, “Great Britain Pound vs US Dollar”Having completed the correctional structure at 1.3034, GBPUSD is expect...

19.04.2022EURUSD, “Euro vs US Dollar”EURUSD continues falling towards 1.0749 and may later start a new correction to reach 1.0835. After that, the instrument may resume trading downwards with the target at 1.0730 or even extend this structure down to 1.0700.GBPUSD, “Great Britain Pound vs US Dollar”...

18.04.2022EURUSD, “Euro vs US Dollar”EURUSD continues falling towards 1.0750 and may later start a new correction to reach 1.0830. After that, the instrument may resume trading downwards with the target at 1.0730.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD completed the descending wave at 1.301...

15.04.2022EURUSD, “Euro vs US Dollar”Having rebounded from 1.0920, EURUSD continues falling towards 1.0730 and may later start a new growth with the target at 1.0822.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has rebounded from 1.3141; right now, it is still falling towards 1.3029 and may late...

14.04.2022EURUSD, “Euro vs US Dollar”Having completed the descending wave at 1.0808, EURUSD is correcting towards 1.0929 and may later start a new decline with the target at 1.0750.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has finished the descending wave at 1.2975; right now, it is correctin...

13.04.2022EURUSD, “Euro vs US Dollar”Having broken 1.0838 to the downside and tested this level from below, EURUSD is falling towards 1.0787 and may later grow to re-test 1.0838. After that, the instrument may start a new decline with the target at 1.0750.GBPUSD, “Great Britain Pound vs US Dollar”GB...

12.04.2022EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.0870. If the price breaks this range to the downside, the instrument may start a new decline with the target at 1.0804 or even extend this structure down to 1.0750.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD continues c...

11.04.2022EURUSD, “Euro vs US Dollar”After completing the descending wave at 1.0836 along with the correction up to 1.0911, EURUSD is falling towards 1.0848 and may later consolidate there. If the price breaks this range to the upside, the instrument may start a new correction with the target at 1.0...

Euro outlook is bleak The Euro is under further pressure against the US dollar- in today’s trading session and even a strong round of data was not enough to boost the European currency and according to some analysts, there may be worse still to come. Retail sales figures from the Eurozone hit the ma...

08.04.2022EURUSD, “Euro vs US Dollar”EURUSD has completed the descending wave at 1.0855 and may later start a new correction to reach 1.0955. After that, the instrument may resume trading downwards with the target at 1.0805.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is forming a new consolidat...

07.04.2022EURUSD, “Euro vs US Dollar”EURUSD continues forming the descending wave and may soon reach at 1.0855. After that, the instrument may correct towards 1.0945 and then start another decline with the target at 1.0806.GBPUSD, “Great Britain Pound vs US Dollar”After finishing the descending wave...

06.04.2022EURUSD, “Euro vs US Dollar”EURUSD continues forming the descending wave and may soon reach at 1.0860. After that, the instrument may correct towards 1.0945 and then start another decline with the target at 1.0806.GBPUSD, “Great Britain Pound vs US Dollar”After finishing the descending wave...

05.04.2022EURUSD, “Euro vs US Dollar”EURUSD has finished the descending wave at 1.0960. Today, the pair may start another growth with the first target at 1.1040.GBPUSD, “Great Britain Pound vs US Dollar”After forming a new consolidation range around 1.3116, GBPUSD is moving upwards and may soon reac...

04.04.2022EURUSD, “Euro vs US Dollar”As we can see in the daily chart, having completed the correction at 1.1170, EURUSD is forming another descending wave with the first target at 1.0944 and may later correct towards 1.1060, thus forming a wide consolidation range around 1.0944. If the price breaks...