Technical Analysis & Forecast 06.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave, reaching a local target of 1.0875. Today a correction structure targeting 1.0839 (testing from above) is expected. After the correction, an upward movement towards 1.0877 could follow, with the price subsequently declining to the first target of 1.0840. GBPUSD, “Great Britain Pound […]
Ichimoku Cloud Analysis 06.03.2024 (GBPUSD, NZDUSD, USDJPY)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2670 is expected, followed by a rise to 1.2785. An additional signal confirming the rise might be a rebound from the lower boundary […]
Ichimoku Cloud Analysis 06.03.2024 (GBPUSD, NZDUSD, USDJPY)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2670 is expected, followed by a rise to 1.2785. An additional signal confirming the rise might be a rebound from the lower boundary […]
Technical Analysis & Forecast 05.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave to 1.0866. A correction structure to 1.0843 (testing from above) is expected today. Once the correction is over, a growth structure to 1.0880 is not excluded. Next, a new decline wave to 1.0840 is expected to begin. This is the first target. […]
Ichimoku Cloud Analysis 05.03.2024 (XAUUSD, USDCAD, USDCHF)
XAUUSD, “Gold vs US Dollar” Gold is rising within the bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 2100 is expected, followed by a rise to 2145. An additional signal confirming the rise will be a rebound from the lower boundary of […]
Ichimoku Cloud Analysis 05.03.2024 (XAUUSD, USDCAD, USDCHF)
XAUUSD, “Gold vs US Dollar” Gold is rising within the bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 2100 is expected, followed by a rise to 2145. An additional signal confirming the rise will be a rebound from the lower boundary of […]
Technical Analysis & Forecast 04.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave, reaching 1.0799. Amid the news, the market received support at this level, creating upward momentum towards 1.0841. Today it is forming a consolidation range around the 1.0837 level, which could expand to 1.0850. Subsequently, the price might decline to 1.0837. Practically, a […]
Ichimoku Cloud Analysis 04.03.2024 (EURUSD, NZDUSD, USDJPY)
EURUSD, “Euro vs US Dollar” EURUSD is rising after a rebound from the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower boundary of the Cloud at 1.0820 is expected, followed by a rise to 1.0915. An additional signal confirming the […]
Ichimoku Cloud Analysis 04.03.2024 (EURUSD, NZDUSD, USDJPY)
EURUSD, “Euro vs US Dollar” EURUSD is rising after a rebound from the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower boundary of the Cloud at 1.0820 is expected, followed by a rise to 1.0915. An additional signal confirming the […]
Technical Analysis & Forecast for March 2024
EURUSD, “Euro vs US Dollar” The EURUSD pair corrected to 1.0886, and today the first structure of the fifth decline wave to 1.0570 is already developing. The target of the first structure is 1.0730. Once this level is reached, the quotes could correct to 1.0807 (testing from below). Next, a decline to 1.0650 might follow. […]
Ichimoku Cloud Analysis 01.03.2024 (GBPUSD, XAUUSD, USDCAD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the lower boundary of the Cloud. The instrument is going inside the Ichimoku Cloud, which suggests sideways dynamics. A test of the Tenkan-Sen line at 1.2645 is expected, followed by a decline to 1.2515. A signal confirming the decline will be a rebound from the […]
Ichimoku Cloud Analysis 01.03.2024 (GBPUSD, XAUUSD, USDCAD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the lower boundary of the Cloud. The instrument is going inside the Ichimoku Cloud, which suggests sideways dynamics. A test of the Tenkan-Sen line at 1.2645 is expected, followed by a decline to 1.2515. A signal confirming the decline will be a rebound from the […]
Technical Analysis & Forecast 02.02.2024
EURUSD, “Euro vs US Dollar” EURUSD has completed a corrective wave, reaching 1.0833. After forming a narrow consolidation range around this level, the market moved upwards and rose to 1.0878. This entire structure is perceived as a wide consolidation range around 1.0833. Today downward momentum to 1.0807 is expected to start. A downward breakout of […]
Technical Analysis & Forecast for February 2024
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a decline wave to 1.0740. This is the first target. Once it is reached, a correction to 1.0935 is expected (a test from below), followed by a decline to 1.0565. This is a local target. Next, a rise to 1.0740 is expected. Upon reaching this […]
Technical Analysis & Forecast 01.02.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave to 1.0886. The news provoked a decline impulse to the 1.0816 level and a correction to 1.0860. Today the market has performed a structure of a decline wave to 1.0794. Next, a correction link to 1.0828 is expected. Once the correction is […]
Technical Analysis & Forecast 31.01.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave to 1.0855. Today the market is forming a decline wave structure to 1.0806. Once this level is reached, a correction to 1.0825 is expected (a test from below), followed by a decline to 1.0790. This is a local target. GBPUSD, “Great Britain […]
Technical Analysis & Forecast 30.01.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave to 1.0795. Today the market is forming a correction wave to 1.0850. Once this level is reached, the decline wave is expected to continue to 1.0790. This is a local target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a […]
Technical Analysis & Forecast 29.01.2024
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction wave to 1.0884. Today the market is forming a structure of a decline wave to 1.0839. Once this level is reached, a narrow consolidation range is expected to form around this level. With an escape from the range upwards, a growth link to 1.0860 is […]
Technical Analysis & Forecast 26.01.2024
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of correction to 1.0900 and a new decline wave to 1.0821. Today the quotes might correct the previous decline wave. The correction target is the 1.0860 level. Once it is reached, the next decline wave to 1.0790 could begin. This is the first target. GBPUSD, […]
Technical Analysis & Forecast 25.01.2024
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction wave to 1.0931 (a test from below), forming a decline impulse to 1.0889 and its correction to 1.0907 today. A structure of the second decline impulse to 1.0862 is currently forming. Upon reaching this level, the quotes might correct to 1.0884 (a test from below) […]
