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.

09.12.2019

Forex Technical Analysis & Forecast 29.11.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

After finishing the ascending wave at 1.3166, GBPUSD has completed the descending impulse towards 1.3100; right now, it is consolidating around 1.3138.
28.11.2019

Forex Technical Analysis & Forecast 28.11.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

After finishing the correction at 6930.00, BTCUSD continues forming the third ascending wave; right now, it is consolidating around 7400.00.
26.11.2019

Forex Technical Analysis & Forecast 26.11.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

Gold has rebounded from 1460.33; right now, it is still moving downwards with the short-term target at 1447.71.