Latest News

Forex Technical Analysis Forecast 12.04.2022

EURUSD, Euro vs US DollarEURUSD is still consolidating around 1.0870. If the price breaks this range to the downside, the instrument may start a new decline with the target at 1.0804 or even extend this structure down to 1.0750.GBPUSD, Great Britain Pound vs US DollarGBPUSD continues consolidating around 1.3030. Possibly, the pair may expand the range up to 1.3061 and then form a new descending structure with the target at 1.2977.USDJPY, US Dollar vs Japanese YenUSDJPY is still consolidating around 125.30. Today, the pair may break the range to the downside and resume trading downwards to break 124.95. After that, the instrument may continue falling with the first target at 124.21.USDCHF, US Dollar vs Swiss FrancUSDCHF continues falling towards 0.9300. Later, the market may start another correction to reach 0.9333 and then resume moving downwards with the target at 0.9288.AUDUSD, Australian Dollar vs US DollarAUDUSD has completed the descending wave at 0.7400; right now, it is correction towards 0.7466. Later, the market may start another decline with the target at 0.7340.BRENTBrent is consolidating above 98.30. Possibly, today the asset may break the range upwards and form one more ascending structure to break 104.30. Later, the market may continue moving within the uptrend with the first target at 107.30.XAUUSD, Gold vs US DollarGold continues growing towards 1974.11 and may later start a new correction to reach 1944.77. After that, the instrument may resume trading…

You may also like

Leave a reply

Your email address will not be published.

More in Latest News