Analysis & Forecast

05.06.2024GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after breaching the upper boundary of the Triangle pattern. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Cloud’s upper bo...

12.06.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a wave, reaching 1.0717. Practically, the market continues to develop a consolidation range around 1.0750. Today, the price is expected to rise towards 1.0750 (testing fro...

13.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has exited the consolidation range upwards amid the news, practically forming a correction of the last decline wave, with a target at 1.0850. Today, the market is forming a decline wav...

14.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a corrective wave, reaching 1.0814, and continued a decline wave. Today, the market is forming a narrow consolidation range above the 1.0733 level. With an upward breakou...

11.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a wave, reaching 1.0732, and started to form a consolidation range above this level. Today, the market has breached the range’s upper boundary and extended it towar...

06.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a downward impulse towards 1.0854 and corrected towards 1.0893, with a consolidation range forming below this level today. A downward breakout and a decline towards 1.083...

07.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0881, with the range potentially expanding towards 1.0909 today. After reaching this level, the price is expected to decline to 1.0881. A...

10.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction, reaching 1.0901, and initiated a new decline wave. A consolidation range formed around 1.0826 and, breaking below it, the market today reached the decline w...

05.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a downward impulse to 1.0858 and corrected towards 1.0886, with a consolidation range forming below this level today. A downward breakout and a decline towards 1.0845 are...

Forex trading operates within markets that are open 24 hours a day, 5 days a week, in the foreign exchange market. The Forex market is known to be Over The Counter (OTC) market, which means that there’s no single exchange to trade currencies, and t...