Daily Forex Forecast

US dollar a winner moving forward. The main driver of the forex market at the moment, seems to be the US Federal Reserve and what moves they will perform moving forward with regards to interest rates and their economy saving bond buying program. As we recall, the US Central Bank has slashed interest...

09.07.2021EURUSD, “Euro vs US Dollar”After returning to 1.1825 and forming a new consolidation range around this level, EURUSD has completed the ascending structure at 1.1860. Possibly, the pair may correct to reach 1.1870 and then start another decline with the target at 1.1722.GBPUSD, “Great Brita...

08.07.2021EURUSD, “Euro vs US Dollar”EURUSD continues falling; after forming a new consolidation range around 1.1808 and then breaking it to the downside, the asset has completed the descending structure at 1.1780. Possibly, today the pair may fall to reach 1.1765 and then correct to return to 1.180...

07.07.2021EURUSD, “Euro vs US Dollar”After completing the correctional structure at 1.1893 along with the descending wave towards 1.1834, EURUSD has formed a new consolidation range around the latter level just to break it to the downside. Possibly, today the pair may return to 1.1834 to test it fro...

06.07.2021EURUSD, “Euro vs US Dollar”After completing the ascending structure with the short-term target at 1.1880, EURUSD is expected to fall towards 1.1851 and may later start another growth to finish the correction at 1.1895. After that, the instrument may form a new descending structure to break...

05.07.2021EURUSD, “Euro vs US Dollar”After completing the descending wave at 1.1806, EURUSD is correcting and may reach 1.1890. Later, the market may start another decline with the target at 1.1777.GBPUSD, “Great Britain Pound vs US Dollar”After finishing the descending structure at 1.3732 and start...

02.07.2021EURUSD, “Euro vs US Dollar”After rebounding from 1.1870 to the downside, EURUSD continues falling towards 1.1830. Later, the market may correct to return to 1.1870 and then start another decline with the target at 1.1771.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has finished the des...

01.07.2021EURUSD, “Euro vs US Dollar”As we can see in the daily chart, after finishing the descending wave at 1.1830 and updating the low, EURUSD is expected to continue falling within the downtrend with the target at 1.1600. This month, the pair may correct to test 1.1900 from below and then resume...

01.07.2021EURUSD, “Euro vs US Dollar”After rebounding from 1.1907 and breaking the consolidation range to the downside, EURUSD continues falling towards 1.1830. Later, the market may correct to reach 1.1870 and then start another decline with the target at 1.1771.GBPUSD, “Great Britain Pound vs US D...

30.06.2021EURUSD, “Euro vs US Dollar”After completing the descending wave at 1.1877, EURUSD is growing towards 1.1932 and may later fall to reach 1.1900, thus forming a new consolidation range between the two latter levels. If the price breaks the range to the upside, the market may start another gr...

29.06.2021EURUSD, “Euro vs US Dollar”EURUSD is consolidating around 1.1930. Possibly, the pair may continue correcting downwards to reach 1.1890. After that, the instrument may start another growth with the target at 1.1986.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is still correcting to reac...

28.06.2021EURUSD, “Euro vs US Dollar”After completing the first ascending structure at 1.1973, EURUSD is correcting downwards and may reach 1.1900. After that, the instrument may start another growth to break 1.1973 and then continue trading upwards with the target at 1.2020.GBPUSD, “Great Britain P...

25.06.2021EURUSD, “Euro vs US Dollar”EURUSD is forming a new consolidation range around 1.1919. Possibly, today the pair may expand the range up to 1.1991 and then resume falling to break 1.1850. After that, the instrument may continue trading downwards with the target at 1.1800.GBPUSD, “Great Brita...

24.06.2021EURUSD, “Euro vs US Dollar”After finishing another correction at 1.1960, EURUSD is forming a new descending structure to break 1.1870 and may later continue falling with the short-term target at 1.1795. After that, the instrument may start another growth towards 1.1940 and then resume trad...

23.06.2021EURUSD, “Euro vs US Dollar”After finishing the correction, EURUSD is falling with the short-term target at 1.1750. After that, the instrument may start a new growth to return to 1.1940 and then resume trading downwards to reach 1.1660.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD contin...

22.06.2021EURUSD, “Euro vs US Dollar”EURUSD is still correcting towards 1.1944 and may later resume falling with the short-term target at 1.1750. After that, the instrument may start a new growth to return to 1.1944 and then resume trading downwards to reach 1.1660.GBPUSD, “Great Britain Pound vs US...

21.06.2021EURUSD, “Euro vs US Dollar”After completing the descending wave at 1.1850, EURUSD is consolidating above this level. Possibly, the pair may start a new growth to test 1.1940 from below and then resume trading downwards with the short-term target at 1.1750.GBPUSD, “Great Britain Pound vs US...

18.06.2021EURUSD, “Euro vs US Dollar”EURUSD is falling to reach 1.1885. After that, the instrument may start a new growth to break 1.1950 and then continue trading upwards with the target at 1.2012.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD continues falling to reach 1.3888. Later, the market ...

17.06.2021EURUSD, “Euro vs US Dollar”After completing the third descending wave at 1.1990, EURUSD is expected to form a new consolidation range near the lows. Possibly, the pair may break the range to the upside and correct towards 1.2111. Later, the market may resume trading downwards with the targ...

16.06.2021EURUSD, “Euro vs US Dollar”After completing the correction at 1.2146, EURUSD is forming a new consolidation range around 1.2124. Possibly, the pair may expand the range up to 1.2150 and then resume trading downwards with the first target at 1.2090.GBPUSD, “Great Britain Pound vs US Dollar”...

15.06.2021EURUSD, “Euro vs US Dollar”EURUSD is correcting towards 1.2136 and may later start another decline to reach 1.2090. After that, the instrument may correct towards 1.2145 and then resume trading downwards with the target at 1.2067.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is consolid...

14.06.2021EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.2093, EURUSD is consolidating above this level. Today, the pair may expand the range down to 1.2090 and then start another correction to reach 1.2140. Later, the market may resume trading downwards with the target at...

11.06.2021EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.2146 along with the ascending impulse towards 1.2195, EURUSD is consolidating below the latter level. If the price breaks this range to the upside, the market may start another growth to reach 1.2244. On the other ha...

10.06.2021EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.2178; after expanding the range up to 1.2214 and rebounding from this level, it is falling towards 1.2144. Today, the pair may break the latter level and then continue trading downwards with the target at 1.2090. After that,...

09.06.2021EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.2178. Today, the pair may fall to break 1.2144 and then continue trading downwards with the target at 1.2090. After that, the instrument may start a new correction towards 1.2170.GBPUSD, “Great Britain Pound vs US Dollar”GBP...

08.06.2021EURUSD, “Euro vs US Dollar”EURUSD is consolidating around 1.2178; after expanding the range up to 1.2202 and rebounding from this level, it is falling to reach the downside border at 1.2144. Possibly, the pair may break the latter level as well and continue correcting downwards with the ta...

07.06.2021EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.2132 along with the correction towards 1.2185, EURUSD is consolidating below the latter level. Possibly, the pair may continue this decline to reach 1.2704. Later, the market may correct to test 1.2155 from below and then ...

04.06.2021EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.2150 and breaking it to the downside, EURUSD is expected to continue this decline towards 1.2084. Later, the market may return to 1.2150 to test it from below and then resume trading downwards with the target at 1.2050.GBP...

03.06.2021EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.2163 along with the correction towards 1.2215, EURUSD is expected to start another decline to break 1.2150. Later, the market may continue trading downwards with the short-term target at 1.2084.GBPUSD, “Great Britain Pound...

02.06.2021EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.2230. If later the price breaks this range to the upside, the market may expand it up to 1.2286; if to the downside – start a new decline to break 1.2150 and then continue the correction with the target at 1.2100.GBPUSD, “Gr...