Latest News

Forex Technical Analysis Forecast 07.04.2022

EURUSD, Euro vs US DollarEURUSD continues forming the descending wave and may soon reach at 1.0855. After that, the instrument may correct towards 1.0945 and then start another decline with the target at 1.0806.GBPUSD, Great Britain Pound vs US DollarAfter finishing the descending wave at 1.3079, GBPUSD has formed a new consolidation range around this level. Possibly, the pair may break the range to the downside and resume falling towards 1.2999. Later, the market may form one more ascending structure to reach 1.3060 and then start a new decline with the shortterm target at 1.2960.USDJPY, US Dollar vs Japanese YenHaving completed the correctional wave at 123.89 and formed a new consolidation range there, USDJPY has broken it to the downside to reach 122.40. Possibly, today the pair may break this level as well and then continue trading downwards with the first target at 120.80.USDCHF, US Dollar vs Swiss FrancUSDCHF has finished the descending impulse at 0.9303 along with the correction towards 0.9333. Today, the pair may fall to reach 0.9264 or even extend this correction down to 0.9254.AUDUSD, Australian Dollar vs US DollarAUDUSD continues trading downwards to reach 0.7414 and may later start another correction to with the target at 0.7575. After that, the instrument may form a new descending structure with the target at 0.7300.BRENTBrent is still correcting towards 99.65. Later, the market may resume moving within the uptrend with the target at 115.50.XAUUSD, Gold vs US…

You may also like

Leave a reply

Your email address will not be published.

More in Latest News