Technical Analysis & Forecast 05.06.2024
EURUSD, “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 expected. If this level also breaks, it will open the potential for a wave towards 1.0803, the downward […]
Ichimoku Cloud Analysis 05.06.2024 (GBPUSD, XAUUSD, USDJPY)
GBPUSD, “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 boundary at 1.2740 is expected, followed by a rise to 1.2905. A rebound from the lower boundary of the […]
Technical Analysis & Forecast for June 2024
EURUSD, “Euro vs US Dollar” The EURUSD pair continues to develop a decline wave towards 1.0444, representing the estimated target. Another wave structure targeting 1.0607 and a correction towards 1.0894 have been completed. Today, a consolidation range might form below this level. With a downward breakout, the correction will be considered complete. Subsequently, a decline […]
Ichimoku Cloud Analysis 04.06.2024 (GBPUSD, XAGUSD, NZDUSD)
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold above the resistance level. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Tenkan-Sen line at 1.0865 is expected, followed by a rise to 1.1065. A rebound from the lower boundary of the bullish channel would be an additional […]
Technical Analysis & Forecast 04.06.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave, reaching 1.0915. Today, a consolidation range is forming below this level. A downward breakout and a decline towards 1.0845 are expected. A downward breakout of this level will open the potential for a wave towards 1.0776, representing the downward wave’s first target. […]
Technical Analysis & Forecast 03.06.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair is forming a wide consolidation range around the 1.0845 level. The market has extended the range towards 1.0881 and returned to 1.0840. Today, another growth structure targeting 1.0902 might develop, followed by a decline towards the range’s lower boundary at 1.0788. A downward breakout will open the […]
Ichimoku Cloud Analysis 03.06.2024 (GBPUSD, XAUUSD, USDCHF)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting within a Triangle pattern. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Cloud’s lower boundary at 1.2715 is expected, followed by a rise to 1.2885. A rebound from the lower boundary of the bullish channel would be an […]
Ichimoku Cloud Analysis 31.05.2024 (EURUSD, USDCAD, NZDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is testing the Tenkan-Sen line after rebounding from the lower boundary of the bullish channel. The pair is moving below the Ichimoku Cloud, indicating a downtrend. A test of the Cloud’s lower boundary at 1.0825 is expected, followed by a decline to 1.0725. A rebound from the upper boundary […]
Technical Analysis & Forecast 31.05.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave to 1.0780 and a correction to 1.0844. Today, the market is forming a declining structure to 1.0808. After reaching this level, a rise to 1.0825 is possible. Next, another decline wave to 1.0789 is expected, potentially continuing the trend to 1.0770. A […]
Ichimoku Cloud Analysis 30.05.2024 (GBPUSD, XAUUSD, AUDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is declining after bouncing off the upper boundary of the bullish channel. The pair is moving within the Ichimoku Cloud, suggesting a sideways trend. A test of the upper boundary of the Cloud at the level of 1.2700 is expected, followed by a decline to 1.2525. A […]
Technical Analysis & Forecast 30.05.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair formed a decline wave targeting 1.0830 and corrected to 1.0857. Subsequently, the market continued the downward wave towards 1.0812. At the moment, a narrow consolidation range has formed around this level. Today, the market broke out of the range downwards and reached the calculated target of the […]
Technical Analysis & Forecast 29.05.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair is forming a decline wave targeting 1.0830. After the price reaches this level, a corrective phase could follow, aiming for 1.0854 (testing from below). Subsequently, a new wave could start, targeting 1.0820 and potentially continuing towards 1.0760. GBPUSD, “Great Britain Pound vs US Dollar” The GBPUSD pair […]
Ichimoku Cloud Analysis 29.05.2024 (EURUSD, USDJPY, XAGUSD)
EURUSD, “Euro vs US Dollar” EURUSD is correcting following a rebound from the resistance level. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Cloud’s lower boundary at 1.0835 is expected, followed by a rise to 1.0965. A rebound from the lower boundary of the bullish channel would be […]
Ichimoku Cloud Analysis 28.05.2024 (GBPUSD, XAUUSD, USDCHF)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has established itself above the resistance level. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Kijun-Sen line at 1.2745 is expected, followed by a rise to 1.2935. A rebound from the lower boundary of the bullish channel would be an […]
Technical Analysis & Forecast 28.05.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has exited a consolidation range upwards, considering a further correction towards 1.0881. Once the correction is complete, a new decline wave aiming for 1.0803 could start, followed by a rise towards 1.0840 (testing from below). Subsequently, the trend is expected to continue towards 1.0764, which is a […]
Ichimoku Cloud Analysis 27.05.2024 (EURUSD, NZDUSD, USDCAD)
EURUSD, “Euro vs US Dollar” EURUSD is correcting within a bearish channel. The pair is going inside the Ichimoku Cloud, which suggests a sideways movement. A test of the Cloud’s lower boundary at 1.0815 is expected, followed by a rise to 1.0955. A rebound from the lower boundary of the bullish channel could signal a […]
Technical Analysis & Forecast 27.05.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0830. The market has extended the range down to 1.0803, expanding it upwards to 1.0851 today. Another decline structure aiming for 1.0815 is expected. A breakout of this level will open the potential for a wave towards the local target […]
Technical Analysis & Forecast 24.05.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has performed a wave of decline to 1.0803. Today, the market is forming a consolidation range above this level, potentially further declining towards 1.0801. A subsequent correction towards 1.0830 is probable, followed by a potential decline to 1.0777, serving as a local target. GBPUSD, “Great Britain Pound […]
Ichimoku Cloud Analysis 24.05.2024 (GBPUSD, AUDUSD, XAUUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has consolidated under the indicator’s signal lines. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the upper boundary of the Cloud at 1.2685 is expected, followed by a rise to 1.2865. A rebound from the lower boundary of the bullish channel […]
Technical Analysis & Forecast 23.05.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair performed a wave of decline to the 1.0818 level. Today, the market is forming a consolidation range above this level. A decline towards 1.0780 could occur, followed by a rise towards 1.0830, representing the local target for the correction wave. GBPUSD, “Great Britain Pound vs US Dollar” […]
