Latest News

Forex Technical Analysis Forecast 01.12.2021

EURUSD, Euro vs US DollarAfter completing the descending impulse at 1.1239, EURUSD is correcting towards 1.1347. Later, the market may resume falling to break 1.1230 and then continue trading downwards with the target at 1.1133.GBPUSD, Great Britain Pound vs US DollarAfter finishing the descending impulse at 1.3195, GBPUSD is correcting upwards and may reach 1.3342. Later, the market may resume falling with the target at 1.3168.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the descending wave at 74.19. Possibly, today the pair may consolidate around this level. After that, the instrument may break the range to the downside and resume trading downwards with the shortterm target at 73.70.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the descending wave at 112.53 and may later start a new growth towards 114.20, thus forming a new consolidation range around the latter level. If later the price breaks this range to the downside, the market may continue the correction to reach 112.00; if to the upside form one more ascending structure with the target at 115.00.USDCHF, US Dollar vs Swiss FrancUSDCHF has completed the ascending impulse at 0.9265 along with the correction towards 0.9197. Possibly, today the pair may form one more ascending structure to break 0.9265 and then continue trading upwards with the shortterm target at 0.9333.AUDUSD, Australian Dollar vs US DollarAUDUSD has finished the descending wave at 0.7062; right now, it is correcting towards 0.7189….

You may also like

Leave a reply

Your email address will not be published.

More in Latest News