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Forex Technical Analysis Forecast 08.04.2022

EURUSD, Euro vs US DollarEURUSD has completed the descending wave at 1.0855 and may later start a new correction to reach 1.0955. After that, the instrument may resume trading downwards with the target at 1.0805.GBPUSD, Great Britain Pound vs US DollarGBPUSD is forming a new consolidation range around 1.3080. Possibly, the pair may break the range to the downside and resume falling towards 1.2998. Later, the market may correct to return to 1.3080 and then start a new decline with the target at 1.2970.USDJPY, US Dollar vs Japanese YenUSDJPY is forming a new consolidation range around 123.50. Possibly, today the pair may fall to break 122.62 and then continue trading downwards with the target at 120.80.USDCHF, US Dollar vs Swiss FrancUSDCHF has finished the ascending structure at 0.9350. Today, the pair may fall to break 0.9317 and then continue moving downwards with the target at 0.9255.AUDUSD, Australian Dollar vs US DollarAUDUSD has completed the descending wave at 0.7494; right now, it is consolidating there. If later the price breaks the range to the upside, the market may start another correction with the target at 0.7575; if to the downside form a new descending structure to return to 0.7414.BRENTBrent is still correcting downwards. Possibly, today the asset may reach 98.95 and then form one more ascending structure to break 107.30. Later, the market may continue moving within the uptrend with the shortterm target at 122.20.XAUUSD, Gold vs US DollarGold is…

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