Latest News

Forex Technical Analysis Forecast 06.10.2021

EURUSD, Euro vs US DollarAfter completing the ascending impulse at 1.1612 along with the descending structure towards 1.1596, and then forming a narrow consolidation range around the latter level, EURUSD has broken it to the downside and may later continue falling to reach 1.1578. In fact, the asset is consolidating around 1.1596. If later the price breaks this range to the upside, the market may start another growth to reach 1.1660; if to the downside form a new descending structure with the target at 1.1555.GBPUSD, Great Britain Pound vs US DollarGBPUSD is still consolidating around 1.3612. Possibly, today the pair may start another decline to break 1.3583 and then continue trading downwards with the target at 1.3515.USDRUB, US Dollar vs Russian RubleAfter breaking 72.40 to the downside, USDRUB is expected to fall and reach 72.10. After that, the instrument may grow to test 72.40 from below and then resume trading downwards with the target at 72.00.USDJPY, US Dollar vs Japanese YenAfter forming a new consolidation rage around 111.43 and breaking it to the upside, USDJPY is expected to extend this ascending structure to 112.08. Later, the market may resume falling with the target at 110.81.USDCHF, US Dollar vs Swiss FrancAfter finishing the ascending structure with the shortterm target at 0.9295, USDCHF is expected to fall towards 0.9266. After that, the instrument may form one more ascending structure towards 0.9303.AUDUSD, Australian Dollar vs US DollarAUDUSD is…

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News