Latest News

Forex Technical Analysis Forecast 03.03.2022

EURUSD, Euro vs US DollarAfter rebounding from 1.1142, EURUSD continues forming the descending wave towards 1.1044. Later, the market may correct to reach 1.1144 and then resume trading downwards with the target at 1.1010.GBPUSD, Great Britain Pound vs US DollarGBPUSD is consolidating around 1.3354. Possibly, today the pair may grow towards 1.3410 and then start a new decline to break 1.3271. After that, the instrument may continue trading downwards with the target at 1.3150.USDRUB, US Dollar vs Russian RubleThe situation hasnt changed much; markets are closed. After opening, USDRUB is expected to return to 92.00 its the downside border of the range around 102.00. If later the price breaks this level to the downside, the asset may resume falling with the target at 75.00.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the correctional wave at 115.70; right now, it is consolidating around 115.60. If later the price breaks this range to the downside, the market may resume trading downwards to reach 115.24; if to the upside form one more ascending structure with the target at 115.95.USDCHF, US Dollar vs Swiss FrancHaving completed the ascending wave at 0.9238, USDCHF is correcting to reach 0.9200 or even extend the correction down to 0.9190. Later, the market may resume trading upwards to reach 0.9252.AUDUSD, Australian Dollar vs US DollarAUDUSD is growing towards 0.7312 and may later resume falling to reach 0.7238. After that, the instrument may form one more ascending…

You may also like

Leave a reply

Your email address will not be published.

More in Latest News