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.

18.02.2019

Forex Technical Analysis & Forecast 18.02.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

GBPUSD has almost completed the descending structure at 1.2775; right now, it is being corrected with the short-term target at 1.2922.
15.02.2019

Forex Technical Analysis & Forecast 15.02.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

EURUSD may choose an alternative scenario and form one more ascending structure to continue the correction towards 1.1320.
14.02.2019

Forex Technical Analysis & Forecast 14.02.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

Brent is trading upwards; it has reached its upside target at 63.95.
13.02.2019

Forex Technical Analysis & Forecast 13.02.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

Gold is still consolidating above 1307.85 and forming the Triangle pattern.
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