Analysis & Forecast

16.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has exited the consolidation range upwards and completed a corrective wave, reaching 1.0894. Today, a decline wave could develop, aiming for 1.0805. After reaching this level, the price...

– Amazon reversed from resistance level 190.00– Likely to fall to support level 180.00Amazon recently reversed down from the resistance level 190.00 (previous monthly high from April), strengthened by the upper daily Bollinger Band.The do...

– USDCHF reversed from round support level 0.9000– Likely to rise to resistance level 0.9100USDCHF currency pair recently reversed up from the round support level 0.9000 (which stopped the previous corrections iv, 4 ii, 1).The support lev...

15.05.2024EURUSD, “Euro vs US Dollar”EURUSD is rising within a bullish channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.0795 is expected, followed by a rise to 1.0920. An a...

15.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has received support at the 1.0766 level and completed a growth structure, reaching 1.0805. A narrow consolidation range has formed around this level. Today, with an upward breakout, a ...

• Gold broke daily down channel• Likely to reach resistance level 2415.00Gold recently broke the resistance trendline of the narrow daily down channel from April, which enclosed the previous ABC correction (4).The breakout of this down channel ac...

• AUDUSD broke key resistance level 0.6650• Likely to reach resistance level 0.6760AUDUSD currency pair recently broke the key resistance level 0.6650, which has been reversing the pair from the start of March.The breakout of the resistance level...

14.05.2024GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is correcting following a breakout of the upper boundary of the descending corrective channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the...

14.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has extended a consolidation range towards 1.0806. Today, a decline structure is forming, aiming for 1.0766. A breakout of this level will open the potential for a wave to 1.0744, with ...

• EURCHF rising inside impulse wave 3• Likely to reach resistance level 0.9835EURCHF currency pair continues to rise inside the impulse wave 3, which started earlier from the support trendline of the daily Triangle from April.The active impulse w...