Latest News

Forex Technical Analysis Forecast 11.02.2022

EURUSD, Euro vs US DollarHaving completed another ascending structure at 1.1492, EURUSD is correcting downwards to reach 1.1376 and may later consolidate there. If the price breaks the range to the upside, the market may form one more ascending structure towards 1.1404; if to the downside resume trading downwards with the shortterm target at 1.1313.GBPUSD, Great Britain Pound vs US DollarAfter finishing another ascending structure at 1.3640 and rebounding from this level, GBPUSD is falling towards 1.3516 and may later consolidate there. If the price breaks the range to the upside, the market may form one more ascending structure towards 1.3577; if to the downside resume trading downwards with the shortterm target at 1.3461.USDRUB, US Dollar vs Russian RubleUSDRUB has broken 74.58 and may later continue trading downwards to reach 73.90. After that, the instrument may correct towards 75.37 and then start another decline with the target at 73.00.USDJPY, US Dollar vs Japanese YenHaving completed another ascending structure at 116.33 and rebounded from this level, USDJPY has finished the descending impulse at 115,71 along with the correction towards 116.16. After that, the instrument may form a new descending wave with the shortterm target at 115.20.USDCHF, US Dollar vs Swiss FrancAfter finishing the ascending wave at 0.9294 along with the correction towards 0.9225, USDCHF is growing to reach 0.9280 and may later consolidate there. If the price breaks the range to the upside,…

You may also like

Leave a reply

Your email address will not be published.

More in Latest News