Forex Technical analysis and forecasts

Currencies are believed to move in cycles, which means that one may try to estimate and predict their future fluctuations. Technical analysis helps to look into behavior of currency pairs on the basis of traded value, movement direction, investors’ common interests, and fluctuations history.

22.10.2019

Forex Technical Analysis & Forecast 22.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

USDJPY is still consolidating around 108.55 without any particular direction.
18.10.2019

Forex Technical Analysis & Forecast 18.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

After reaching the target at 1.2980, GBPUSD has completed the descending impulse at 1.2755 along with the correction towards 1.2893; right now, it is moving downwards.
17.10.2019

Forex Technical Analysis & Forecast 17.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

EURUSD has broken 1.1053 to the upside and may continue this ascending wave.
14.10.2019

Forex Technical Analysis & Forecast 14.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

Gold has completed another descending wave at 1480.80; right now, it is consolidating around this level and this range may be considered as a downside continuation pattern.
11.10.2019

Forex Technical Analysis & Forecast 11.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

After breaking the consolidation range to the downside, USDCAD has fallen towards 1.3273.