Technical Analysis & Forecast 25.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave towards 1.0817, practically reaching the estimated target of the wave. Currently, the market is forming a consolidation range around this level. With a downward escape from the range, the wave could extend towards 1.0784. With an upward escape, a correction towards 1.0860, […]
Ichimoku Cloud Analysis 22.03.2024 (GBPUSD, AUDUSD, USDCHF)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has left the boundaries of the bullish channel. 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 1.2505. An additional signal confirming the decline will be a rebound […]
Technical Analysis & Forecast 22.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair dropped to 1.0888. By now, a narrow consolidation range has formed around this level. Escaping the range downwards today, the local target of the decline wave at 1.0830 was reached. A narrow consolidation range is expected to form around this level. With an upward breakout of the range, […]
Technical Analysis & Forecast 21.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair gained support at the 1.0836 level from the news and started developing a correction. A growth link towards 1.0940 could follow. Once this level is reached, a decline link to 1.0888 is not excluded. Next, another correction link to 1.0944 could form. After the correction is over, […]
Ichimoku Cloud Analysis 21.03.2024 (NZDUSD, XAUUSD, USDJPY)
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is rising following a rebound from the support level. The pair is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Cloud’s lower boundary at 0.6110 is expected, followed by a decline to 0.6015. An additional signal confirming the decline might be a […]
Ichimoku Cloud Analysis 20.03.2024 (EURUSD, XAUUSD, AUDUSD)
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold above the Tenkan-Sen line. The pair is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Cloud’s lower boundary at 1.0905 is expected, followed by a decline to 1.0735. An additional signal confirming the decline could be a rebound from […]
Technical Analysis & Forecast 20.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave to 1.0834. A correction link towards 1.0875 could follow. Once this correction is over, a new decline structure to 1.0800 might form. The estimated target is local. After reaching this level, a correction to 1.0880 could begin (testing from below). GBPUSD, “Great […]
Ichimoku Cloud Analysis 19.03.2024 (GBPUSD, BRENT, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold below the lower boundary of the bullish channel. The pair is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Tenkan-Sen line at 1.2730 is expected, followed by a decline to 1.2580. An additional signal confirming the decline […]
Technical Analysis & Forecast 19.03.2024
EURUSD, “Euro vs US Dollar” EURUSD has expanded a consolidation range towards 1.0905 and broken below the 1.0880 level today. A decline towards 1.0852 is expected, followed by a rise to 1.0880 (testing from below). Next, the price could continue its downward movement to the local target of 1.0795. GBPUSD, “Great Britain Pound vs US […]
Ichimoku Cloud Analysis 18.03.2024 (EURUSD, USDCAD, XAUUSD)
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the lower boundary of the bullish channel. The instrument is going inside the Ichimoku Cloud, which suggests a sideways trend. A test of the upper boundary of the Cloud at 1.0915 is expected, followed by a decline to 1.0780. An additional signal confirming the decline could […]
Technical Analysis & Forecast 18.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around 1.0880. Today it is expected to extend to 1.0865. Next, a growth link to 1.0880 might form (testing from below), followed by a decline to 1.0808, from which level the wave could continue to 1.0799. The estimated target is a local […]
Technical Analysis & Forecast 15.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave to 1.0878. A consolidation range could form around this level today. With an escape from the range downwards, the wave could extend to 1.0800. This is a local target. Once this level is reached, a growth link to 1.0878 (testing from below) […]
Ichimoku Cloud Analysis 15.03.2024 (GBPUSD, USDJPY, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold below the lower boundary of the bullish channel. The pair is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Tenkan-Sen line at 1.2770 is expected, followed by a decline to 1.2585. An additional signal confirming the decline […]
Technical Analysis & Forecast 14.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave towards 1.0963. Practically, the market has set the frames for a consolidation range. A decline link to 1.0878 is expected today. Breaking this level, the price could extend the trend to 1.0800, from which level the wave structure might form towards 1.0777. […]
Ichimoku Cloud Analysis 14.03.2024 (EURUSD, USDCAD, AUDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is testing the indicator’s signal lines. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.0920 is expected, followed by a rise to 1.1060. An additional signal confirming the rise might be a rebound from the […]
Ichimoku Cloud Analysis 13.03.2024 (GBPUSD, USDJPY, USDCHF)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rising after a rebound from the support. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.2765 is expected, followed by a rise to 1.2935. An additional signal confirming the rise might be […]
Technical Analysis & Forecast 13.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair completed a decline wave to 1.0900 and corrected to 1.0941. Practically, the market set the frames for a consolidation range. A decline link to 1.0878 is expected today. If this level breaks, the trend might extend to 1.0815, from which level a wave structure could reach 1.0778. […]
Technical Analysis & Forecast 12.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave towards 1.0914. A correction link to 1.0941 is expected today. Practically, the market has set the frames for a consolidation range. With a downward escape from the range, the decline wave could extend to 1.0888. And with a breakout of this level […]
Ichimoku Cloud Analysis 12.03.2024 (EURUSD, USDCAD, AUDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the indicator’s signal lines. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0905 is expected, followed by a rise to 1.1075. An additional signal confirming the rise might be a rebound from the lower boundary […]
Ichimoku Cloud Analysis 12.03.2024 (EURUSD, USDCAD, AUDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the indicator’s signal lines. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0905 is expected, followed by a rise to 1.1075. An additional signal confirming the rise might be a rebound from the lower boundary […]
