Technical Analysis & Forecast 02.11.2023
EURUSD, “Euro vs US Dollar” EURUSD has completed a declining wave to 1.0516. By now, it has also performed a rising impulse to 1.0565. A consolidation range has formed around this level, and with an escape upwards the market extends a structure of growth to 1.0616. Upon reaching this level, the quotes might drop to […]
Technical Analysis & Forecast 02.11.2023
EURUSD, “Euro vs US Dollar” EURUSD has completed a declining wave to 1.0516. By now, it has also performed a rising impulse to 1.0565. A consolidation range has formed around this level, and with an escape upwards the market extends a structure of growth to 1.0616. Upon reaching this level, the quotes might drop to […]
Ichimoku Cloud Analysis 02.11.2023 (AUDUSD, USDCHF, NZDUSD)
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD has found a foothold above the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which implies an uptrend. A test of the Tenkan-Sen line at 0.6385 is expected, followed by growth to 0.6535. An additional signal confirming the rise could be a […]
Technical Analysis & Forecast for November 2023
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction to 1.0633. A new fifth decline wave to 1.0125 could start now. Practically, the first structure of this wave is forming, targeting 1.0418. After the price reaches this level, it could correct to 1.0550 (a test from below) and then decline to 1.0277, from where […]
Technical Analysis & Forecast for November 2023
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction to 1.0633. A new fifth decline wave to 1.0125 could start now. Practically, the first structure of this wave is forming, targeting 1.0418. After the price reaches this level, it could correct to 1.0550 (a test from below) and then decline to 1.0277, from where […]
Ichimoku Cloud Analysis 01.11.2023 (EURUSD, USDCAD, XAGUSD)
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold below the lower boundary of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0585 is expected, followed by a decline to 1.0425. An additional signal confirming the decline […]
Ichimoku Cloud Analysis 01.11.2023 (EURUSD, USDCAD, XAGUSD)
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold below the lower boundary of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0585 is expected, followed by a decline to 1.0425. An additional signal confirming the decline […]
Technical Analysis & Forecast 01.11.2023
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction to 1.0673 and started to decline rapidly. The price has achieved the first target of 1.0557. Today a consolidation range is forming above this level. With an upward breakout, the price might rise to 1.0600 (a test from below). A downward breakout will open the […]
Technical Analysis & Forecast 01.11.2023
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction to 1.0673 and started to decline rapidly. The price has achieved the first target of 1.0557. Today a consolidation range is forming above this level. With an upward breakout, the price might rise to 1.0600 (a test from below). A downward breakout will open the […]
Ichimoku Cloud Analysis 31.10.2023 (GBPUSD, USDJPY, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold above the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.2170 is expected, followed by a decline to 1.1985. An additional signal confirming the […]
Ichimoku Cloud Analysis 31.10.2023 (GBPUSD, USDJPY, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold above the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.2170 is expected, followed by a decline to 1.1985. An additional signal confirming the […]
Technical Analysis & Forecast 31.10.2023
EURUSD, “Euro vs US Dollar” EURUSD found support at 1.0546 and completed a structure of growth to 1.0585. By now, a consolidation range has formed around this level. Breaking it upwards, the price achieved a local target of 1.0622. Today a link of correction to 1.0585 (a test from above) is expected, followed by another […]
Technical Analysis & Forecast 31.10.2023
EURUSD, “Euro vs US Dollar” EURUSD found support at 1.0546 and completed a structure of growth to 1.0585. By now, a consolidation range has formed around this level. Breaking it upwards, the price achieved a local target of 1.0622. Today a link of correction to 1.0585 (a test from above) is expected, followed by another […]
Ichimoku Cloud Analysis 30.10.2023 (EURUSD, XAUUSD, USDCHF)
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud is expected at 1.0580, followed by a decline to 1.0440. An additional signal confirming the price drop could be a rebound from […]
Ichimoku Cloud Analysis 30.10.2023 (EURUSD, XAUUSD, USDCHF)
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud is expected at 1.0580, followed by a decline to 1.0440. An additional signal confirming the price drop could be a rebound from […]
Technical Analysis & Forecast 30.10.2023
EURUSD, “Euro vs US Dollar” EURUSD has performed a corrective wave to 1.0596. Today the market continues developing a declining wave to 1.0500. After it reaches this target, a consolidation range could form around it. Escaping the range downwards, the price might open the potential for a declining wave to 1.0433. This is the first […]
Technical Analysis & Forecast 30.10.2023
EURUSD, “Euro vs US Dollar” EURUSD has performed a corrective wave to 1.0596. Today the market continues developing a declining wave to 1.0500. After it reaches this target, a consolidation range could form around it. Escaping the range downwards, the price might open the potential for a declining wave to 1.0433. This is the first […]
Ichimoku Cloud Analysis 27.10.2023 (GBPUSD, USDCAD, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the lower boundary of the Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.2155 is expected, followed by a decline to 1.1915. An additional signal confirming the decline […]
Ichimoku Cloud Analysis 27.10.2023 (GBPUSD, USDCAD, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the lower boundary of the Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.2155 is expected, followed by a decline to 1.1915. An additional signal confirming the decline […]
Technical Analysis & Forecast 27.10.2023
EURUSD, “Euro vs US Dollar” EURUSD has formed a wave of decline to 1.0521. Today the quotes might correct to 1.0590. After the price reaches this level, a new wave of decline to 1.0515 could begin. This is the first target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a wave of decline […]
