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Forex Technical Analysis Forecast 19.04.2022

EURUSD, Euro vs US DollarEURUSD continues falling towards 1.0749 and may later start a new correction to reach 1.0835. After that, the instrument may resume trading downwards with the target at 1.0730 or even extend this structure down to 1.0700.GBPUSD, Great Britain Pound vs US DollarHaving formed a new consolidation range around 1.3016, GBPUSD is breaking it to the downside and may later continue falling towards 1.2948. After that, the instrument may start another correction to test 1.3016 from below and then form a new descending structure with the target at 1.2890.USDJPY, US Dollar vs Japanese YenAfter forming a new consolidation range around 126.50 and breaking it to the upside, USDJPY is expected to continue growing towards 128.18. Later, the market may start another correction with the target at 126.66.USDCHF, US Dollar vs Swiss FrancUSDCHF has broken 0.9455 and may later continue growing towards 0.9480. After that, the instrument may correct to reach 0.9385 and then form one more ascending structure with the target at 0.9500.AUDUSD, Australian Dollar vs US DollarAUDUSD has completed the descending wave at 0.7342. Possibly, today the pair may correct to reach 0.7377 and then resume moving downwards with the target at 0.7338.BRENTBrent is consolidating around 112.50. Possibly, the asset may break the range to the upside and reach 117.50. Later, the market may fall to return to 112.50 and then resume moving within the uptrend with the target at 118.25.XAUUSD, Gold vs…

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