Technical Analysis & Forecast 14.06.2024
EURUSD, “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 breakout, the price might rise to 1.0770. With a downward breakout, the trend will continue towards 1.0704, representing the […]
Ichimoku Cloud Analysis 14.06.2024 (EURUSD, USDJPY, USDCAD)
EURUSD, “Euro vs US Dollar” EURUSD is testing the support area. The pair is moving below the Ichimoku Cloud, suggesting a downtrend. A test of the Tenkan-Sen line at 1.0755 is expected, followed by a decline to 1.0650. A rebound from the upper boundary of the bearish channel would be an additional signal confirming the […]
Technical Analysis & Forecast 13.06.2024.
EURUSD, “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 wave structure, aiming for 1.0772. After reaching this level, the price might correct to 1.0810. Subsequently, a […]
Ichimoku Cloud Analysis 13.06.2024 (GBPUSD, XAUUSD, USDCHF)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after rebounding from the upper boundary of the bullish channel. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Cloud’s lower boundary at 1.2745 is expected, followed by a rise to 1.2925. A rebound from the upper boundary of […]
Ichimoku Cloud Analysis 12.06.2024 (EURUSD, AUDUSD, USDCAD)
EURUSD, “Euro vs US Dollar” EURUSD is bouncing off the Tenkan-Sen line. The pair is moving below the Ichimoku Cloud, suggesting a downtrend. A test of the lower boundary of the Double Top reversal pattern at 1.0780 is expected, followed by a decline to 1.0645. A rebound from the upper boundary of the bearish channel […]
Technical Analysis & Forecast 12.06.2024
EURUSD, “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 from below). Following this, a decline wave might start, aiming for 1.0707. A breakout of this level will open the […]
Technical Analysis & Forecast 11.06.2024
EURUSD, “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 towards 1.0770. A rise towards 1.0780 is possible, which is interpreted as a correction of the last decline wave. […]
Ichimoku Cloud Analysis 11.06.2024 (GBPUSD, XAUUSD, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the indicator’s signal lines. The pair is moving below the Ichimoku Cloud, suggesting a downtrend. A test of the Cloud’s upper boundary at 1.2755 is expected, followed by a decline to 1.2565. A rebound from the lower boundary of the bullish channel would be an […]
Technical Analysis & Forecast 10.06.2024
EURUSD, “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 wave’s local target of 1.0750. Subsequently, a rise at least towards 1.0798 is possible, followed by a decline to […]
Ichimoku Cloud Analysis 10.06.2024 (EURUSD, USDJPY, USDCAD)
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold below the lower boundary of the Double Top reversal pattern. The pair is moving below the Ichimoku Cloud, suggesting a downtrend. A test of the resistance area at 1.0785 is expected, followed by a decline to 1.0680. A rebound from the upper boundary of the […]
Technical Analysis & Forecast 07.06.2024
EURUSD, “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 breakout of this level will open the potential for a wave towards 1.0834, potentially continuing towards 1.0760 as […]
Ichimoku Cloud Analysis 07.06.2024 (GBPUSD, XAUUSD, USDCHF)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is bouncing off the indicator’s signal lines. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Cloud’s upper boundary at 1.2755 is expected, followed by a rise to 1.2915. A rebound from the lower boundary of the bullish channel would be […]
Technical Analysis & Forecast 06.06.2024.
EURUSD, “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 1.0833 are expected. If this level also breaks, it will open the potential for a wave towards 1.0774, the downward […]
Ichimoku Cloud Analysis 06.06.2024 (EURUSD, USDJPY, USDCAD)
EURUSD, “Euro vs US Dollar” EURUSD has exited the descending corrective channel. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Tenkan-Sen line at 1.0875 is expected, followed by a rise to 1.0955. A rebound from the upper boundary of the bearish channel would be an additional signal confirming […]
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 […]
