Technical Analysis & Forecast 12.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range. By now, a decline wave structure has been completed at 1.0700 alongside a correction towards 1.0733 (testing from below). Practically, a trend continuation pattern has formed around 1.0733. With an upward escape from the range, a correction link towards 1.0765 is not […]
Ichimoku Cloud Analysis 11.04.2024 (GBPUSD, USDCAD, USDJPY)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the support level. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.2585 is expected, followed by a decline to 1.2395. An additional signal confirming the decline will be a […]
Technical Analysis & Forecast 11.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair practically finished a correction wave at 1.0884 and started developing a decline wave because of the news. By now, the quotes have finished the wave at 1.0728. A consolidation range is expected to form above this level today. With an escape upwards, a growth link towards 1.0773 […]
Ichimoku Cloud Analysis 10.04.2024 (EURUSD, XAUUSD, AUDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the signal lines of the indicator. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0835 is expected, followed by a rise to 1.0980. An additional signal confirming the rise will be a rebound from the […]
Technical Analysis & Forecast 10.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave at 1.0880. Today the market is forming a decline structure aiming 1.0822. Once this level is reached, a correction link targeting 1.0852 (testing from below) is not excluded. Next, a decline by the trend towards 1.0777 is expected, from which level the […]
Technical Analysis & Forecast 09.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave targeting 1.0850. Today the market is forming a consolidation range around this level. A further correction towards 1.0880 is not excluded. Once it is over, a decline wave to 1.0790 might start, and if this level also breaks, the potential for a […]
Ichimoku Cloud Analysis 09.04.2024 (GBPUSD, USDCAD, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the upper boundary of the descending channel. The pair is going inside the Ichimoku Cloud, which suggests a sideways movement. A test of the Kijun-Sen line at 1.2620 is expected, followed by a rise to 1.2765. A rebound from the upper boundary of the […]
Ichimoku Cloud Analysis 08.04.2024 (EURUSD, XAUUSD, AUDUSD)
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold above the upper boundary of the descending channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.0830 is expected, followed by a rise to 1.0955. An additional signal confirming the rise could be a […]
Technical Analysis & Forecast 08.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave, reaching 1.0791. Today, the market may correct towards 1.0845. After the price reaches this level, another decline wave to 1.0778 is expected to start, with the trend potentially continuing to the local target of 1.0714. GBPUSD, “Great Britain Pound vs US Dollar” […]
Ichimoku Cloud Analysis 05.04.2024 (GBPUSD, USDCHF, USDCAD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is declining following a rebound from the resistance level. The pair is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper boundary of the Cloud at 1.2650 is expected, followed by a decline to 1.2475. An additional signal confirming the decline will […]
Technical Analysis & Forecast 05.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave to 1.0870. Today the market has started a new structure of a decline wave. The first target is 1.0795. Once this level is reached, a correction link to 1.0833 might follow (testing from below). Next, a decline towards 1.0755 could form, from […]
Ichimoku Cloud Analysis 04.04.2024 (EURUSD, BRENT, NZDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is rising within a bullish correction. The instrument is going inside the Ichimoku Cloud, which suggests a flat trend. A test of the upper boundary of the Cloud at 1.0865 is expected, followed by a decline to 1.0705. A signal confirming the decline will be a rebound from the […]
Technical Analysis & Forecast 04.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction towards 1.0786. The market has formed a consolidation range around this level and, with an upward breakout, enables a further potential correction towards 1.0847. Once the price reaches this level, another decline wave to 1.0700 is expected to start, with the trend potentially […]
Technical Analysis & Forecast 03.04.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave to 1.0724. A correction to 1.0793 (testing from below) could develop today. Once this correction is over, the decline wave is expected to extend to 1.0720. And with a breakout of this level the potential for a movement by the trend towards […]
Ichimoku Cloud Analysis 03.04.2024 (XAUUSD, GBPUSD, USDCHF)
XAUUSD, “Gold vs US Dollar” Gold has gained a foothold above the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 2265 is expected, followed by a rise to 2325. An additional signal confirming the rise could be a rebound […]
Ichimoku Cloud Analysis 27.03.2024 (EURUSD, USDJPY, USDCAD)
EURUSD, “Euro vs US Dollar” EURUSD has secured below the signal lines of the indicator. The pair is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Tenkan-Sen line at 1.0850 is expected, followed by a decline to 1.0730. An additional signal confirming the decline will be a rebound from […]
Technical Analysis & Forecast 27.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair corrected to 1.0863 and performed a decline wave to 1.0820. A consolidation range is currently forming above this level. With an upward escape from the range, a correction link towards 1.0840 is not excluded. With a downward breakout, the potential for a decline to 1.0805 might open, […]
Technical Analysis & Forecast 26.03.2024
EURUSD, “Euro vs US Dollar” EURUSD has broken above the 1.0829 level and continues to develop a correction, with the correction target at 1.0861. Once the correction is over, the price could start a new downward movement, aiming for 1.0780. A downward breakout of this level will open the potential for trend expansion to the […]
Ichimoku Cloud Analysis 26.03.2024 (GBPUSD, USDCHF, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rising after a rebound from the support. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Kijun-Sen line at 1.2670 is expected, followed by a decline to 1.2485. An additional signal confirming the decline will be a rebound […]
Ichimoku Cloud Analysis 25.03.2024 (EURUSD, XAUUSD, USDJPY)
EURUSD, “Euro vs US Dollar” EURUSD has secured under the lower boundary of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Tenkan-Sen line at 1.0845 is expected, followed by a decline to 1.0725. An additional signal confirming the decline will be a rebound […]
