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.

22.07.2019

Technical Analysis 22.07.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

At the moment the market has formed a pattern of trend continuation around 1.1225.
19.07.2019

Technical Analysis 19.07.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

USDRUB keeps trading inside the consolidation area under 63.20.
18.07.2019

Technical Analysis 18.07.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

USDCHF is correcting, trading to 0.9835. Then growth to 0.9940 may follow.
17.07.2019

Technical Analysis 17.07.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

The pair is trading under pressure for decline. Today it might hit 1.1180, then make a correction to 1.1295.
16.07.2019

Technical Analysis 16.07.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

The price is consolidating, trading around 1.1262. The amplification of the consolidation area up to 1.1290 is not impossible.
15.07.2019

Forex Technical Analysis & Forecast 15.07.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

The price is consolidating, trading above 1.1262. Another step down to this level is not impossible
12.07.2019

Forex Technical Analysis & Forecast 12.07.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

USDJPY has finished the correction at 108.50; right now, it is consolidating.