Daily Forex Forecast

01.12.2023EURUSD, “Euro vs US Dollar”EURUSD has completed a correction to 1.1010. Currently, a decline wave to 1.0860 might form, possibly followed by a correction to 1.0920. Practically, a consolidation range is forming around this level. The main scenario presumes a decline to 1.0713. This is the ...

01.12.2023EURUSD, “Euro vs US Dollar”EURUSD has completed a decline wave to 1.0940. By now, the market has formed a consolidation range around this level and, escaping it downwards, reached the local target of 1.0878. A correction to 1.0940 might develop today (a test from below). After the correcti...

30.11.2023EURUSD, “Euro vs US Dollar”EURUSD is forming a corrective structure to 1.0943. After the correction is over, a new growth structure to 1.1030 might develop. Next, a decline wave to 1.0850 could start. This is the first target.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has completed a...

29.11.2023EURUSD, “Euro vs US Dollar”EURUSD has formed a consolidation range around 1.0944 and, breaking it upwards, is forming a growth structure to 1.1020. After the price reaches this level, it might correct to 1.0944 (a test from above), subsequently climbing to 1.1033. It is worth noting that a...

28.11.2023EURUSD, “Euro vs US Dollar”EURUSD continues developing a wide consolidation range around 1.0926. Today the pair could rise to 1.0966. Next, a decline wave to 1.0926 might begin (a test from above). After that, a new growth link to 1.1000 is not excluded. Once this level is reached, a new d...

27.11.2023EURUSD, “Euro vs US Dollar”EURUSD continues developing a wide consolidation range around 1.0907. The pair might reach the 1.0962 level today. A new decline wave to 1.0907 might begin, from where the trend could continue to 1.0840. This is the first target.GBPUSD, “Great Britain Pound vs US...

24.11.2023EURUSD, “Euro vs US Dollar”EURUSD has completed a corrective wave to 1.0929. A decline link to 1.0880 is forming today. Practically, a consolidation range is forming around this level. With an escape from the range downwards, a decline wave to 1.0840 might continue. And provided this level...

23.11.2023EURUSD, “Euro vs US Dollar”EURUSD has completed a decline wave, reaching 1.0852. Today a link of growth to 1.0918 is forming. Practically, a wide consolidation range could form around 1.0918. With a downward breakout of this range, the pair might continue its downward movement to 1.0761. T...

22.11.2023EURUSD, “Euro vs US Dollar”EURUSD is forming a movement to 1.0894 inside a decline wave today. Upon reaching this level, the pair could form a growth link to 1.0929. Practically, a wide consolidation range is emerging around this level. The market could try to extend the range to 1.0990. N...

21.11.2023EURUSD, “Euro vs US Dollar”EURUSD has practically exhausted the potential for a growth wave at the 1.0964 level. A new consolidation range is expected to form around this level. With an escape from the range downwards, a decline wave to 1.0894 is expected to form. With a breakout of this l...

20.11.2023EURUSD, “Euro vs US Dollar”EURUSD has broken the upper boundary of the consolidation range, offering the market an extension of the wave to 1.0928. Next, a link of decline to 1.0893 is not excluded, followed by a rise to 1.0960. After the price reaches this level, a decline wave to 1.0823 ...

17.11.2023EURUSD, “Euro vs US Dollar”EURUSD continues developing a consolidation range around 1.0855. The market has just extended the range to 1.0894. Today the range could drop to 1.0813. Next, a link of growth to 1.0855 could follow (with a test from below). Next, a decline to 1.0787 might form. ...

16.11.2023EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a declining momentum at 1.0860 and a correction to 1.0868. Today the market is making a movement within a decline wave to 1.0790. After the price reaches this level, a rising link to 1.0829 is not excluded (with a test from below). N...

15.11.2023EURUSD, “Euro vs US Dollar”EURUSD has formed a wide consolidation range around 1.0680. Amid the news, the market broke the range upwards and hit a local correction target of 1.0886. Today a consolidation range is expected to form below this level. Breaking it downwards, the price could sta...

14.11.2023EURUSD, “Euro vs US Dollar”EURUSD continues developing a consolidation range around 1.0680. Extension of the range to 1.0705 is not excluded. Next, a decline to 1.0640 might follow. And with a breakout of this level, the pair might drop to 1.0622, from where the trend could continue to 1.0...

13.11.2023EURUSD, "Euro vs US Dollar"EURUSD continues developing a consolidation range around 1.0675. An extension of the range to 1.0695 is not excluded. Next, a decline to 1.0630 might follow. And with a breakout of this range downwards, the trend is expected to continue to 1.0540. This is a local...

10.11.2023EURUSD, "Euro vs US Dollar"EURUSD has broken the 1.0677 level down. At the moment, the market might test this level from below. Next, a decline to 1.0632 could follow from where the trend could extend to 1.0540. This is a local target.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has br...

09.11.2023EURUSD, "Euro vs US Dollar"EURUSD has completed a declining impulse to 1.0658, correcting to 1.0714 today. An extension of the correction to 1.0725 is not excluded. Next, the declining wave could continue to 1.0630. With a downward breakout of this level, the potential for a wave to 1.0540...

08.11.2023EURUSD, "Euro vs US Dollar"EURUSD has completed an impulse of decline to 1.0664, correcting to 1.0704 today. Extension of the correction to 1.0711 is not excluded. Next, the wave of decline might continue to 1.0640. And if this level also breaks downwards, the potential for a wave to 1.056...

07.11.2023EURUSD, "Euro vs US Dollar"EURUSD has completed a growth wave, reaching 1.0750. Today it could develop a downward trajectory to 1.0670, later potentially rising to 1.0715. After hitting this level, the price could fall to 1.0660, from where the trend could possibly continue to 1.0600. This...

03.11.2023EURUSD, "Euro vs US Dollar"EURUSD has completed a wave of growth to 1.0666. A link of decline to 1.0590 might follow today (with a test from above). Next, a link of growth to 1.0680 is not excluded. After the price reaches this level, a decline to 1.0497 could follow. Practically, a wide c...

02.11.2023EURUSD, "Euro vs US Dollar"EURUSD has completed a declining wave to 1.0516. By now, it has also performed a rising impulse to 1.0565. A consolidation range has formed around this level, and with an escape upwards the market extends a structure of growth to 1.0616. Upon reaching this level,...

01.11.2023EURUSD, “Euro vs US Dollar”EURUSD has completed a correction to 1.0633. A new fifth decline wave to 1.0125 could start now. Practically, the first structure of this wave is forming, targeting 1.0418. After the price reaches this level, it could correct to 1.0550 (a test from below) and the...

01.11.2023EURUSD, "Euro vs US Dollar"EURUSD has completed a correction to 1.0673 and started to decline rapidly. The price has achieved the first target of 1.0557. Today a consolidation range is forming above this level. With an upward breakout, the price might rise to 1.0600 (a test from below). A ...

31.10.2023EURUSD, "Euro vs US Dollar"EURUSD found support at 1.0546 and completed a structure of growth to 1.0585. By now, a consolidation range has formed around this level. Breaking it upwards, the price achieved a local target of 1.0622. Today a link of correction to 1.0585 (a test from above) is...

30.10.2023EURUSD, “Euro vs US Dollar”EURUSD has performed a corrective wave to 1.0596. Today the market continues developing a declining wave to 1.0500. After it reaches this target, a consolidation range could form around it. Escaping the range downwards, the price might open the potential for a de...

27.10.2023EURUSD, “Euro vs US Dollar”EURUSD has formed a wave of decline to 1.0521. Today the quotes might correct to 1.0590. After the price reaches this level, a new wave of decline to 1.0515 could begin. This is the first target.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has completed a wav...

26.10.2023EURUSD, “Euro vs US Dollar”EURUSD has completed a wave of decline to 1.0540. A decrease to 1.0533 might follow today. After the quotes reach this level, a link of correction to 1.0565 is not excluded (with a test from below). Next, a new wave of decline to 1.0480 is expected. This is the f...

25.10.2023EURUSD, “Euro vs US Dollar”EURUSD has completed a wave of decline to 1.0582. A link of correction to 1.0636 might follow today. Practically, a consolidation range is developing. With an escape from the range downwards, the potential for a declining wave to 1.0520 could open. With an escape...

24.10.2023EURUSD, “Euro vs US Dollar”EURUSD has escaped a consolidation range upwards, reaching the local correction target of 1.0686. Today a declining movement to 1.0590 could form. After the price reaches this level, a new corrective movement to 1.0717 might follow. Next, a decline to 1.0400 by t...