Home Investment / Trading Technical Indicator Forex technical analysis and forecast: Majors, equities and commodities – FXStreet

Forex technical analysis and forecast: Majors, equities and commodities – FXStreet

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Forex technical analysis and forecast: Majors, equities and commodities – FXStreet

EUR/USD, “Euro vs US Greenback”

After ending the correctional construction at 1.2082 after which returning to 1.2125, EURUSD continues consolidating. Probably, at this time the pair could broaden the vary as much as 1.2145 after which begin one other decline to achieve 1.2121. Later, the market could kind another ascending construction with the goal at 1.2155.

EURUSD

GBP/USD, “Nice Britain Pound vs US Greenback”

After finishing the correctional construction at 1.3775, GBPUSD is transferring upwards to achieve 1.3812. After that, the instrument could resume falling with the goal at 1.3770.

GBPUSD

USD/RUB, “US Greenback vs Russian Ruble”

After ending the correction at 74.4 and rebounding from this stage to the draw back, USDRUB continues to be falling in the direction of 72.50. After that, the instrument could break this stage after which proceed buying and selling downwards with the goal at 72.00.

USDRUB

USD/JPY, “US Greenback vs Japanese Yen”

USDJPY continues to be consolidating above 104.84. Probably, the pair could check this stage from above after which resume rising to interrupt 105.25. Later, the market could proceed buying and selling upwards with the goal at 105.85.

USDJPY

USD/CHF, “US Greenback vs Swiss Franc”

USDCHF is consolidating round 0.8914. If later the value breaks this vary to the upside, the market could kind another ascending construction to achieve 0.8955; if to the draw back – resume buying and selling downwards with the goal at 0.8888.

USDCHF

AUD/USD, “Australian Greenback vs US Greenback”

AUDUSD is rising in the direction of 0.7799. Right this moment, the pair could attain this stage after which resume buying and selling downwards with the goal at 0.7679.

AUDUSD

BRENT

After finishing the ascending construction at 62.50 after which breaking it to the upside, Brent is predicted to proceed rising in the direction of 64.90. After that, the instrument could break begin a brand new correction with the goal at 59.59.

Brent

XAU/USD, “Gold vs US Greenback”

Gold has completed the descending wave at 1813.00. Right this moment, the steel could begin one other progress to achieve 1833.60 after which kind a brand new descending construction with the goal at 1803.70.

XAUUSD

BTC/USD, “Bitcoin vs US Greenback”

After finishing one other ascending wave at 49000.00, BTCUSD is forming a brand new descending construction in the direction of 45100.00. After that, the instrument could right to achieve 47400.00 after which resume buying and selling downwards with the short-term goal at 41400.00.

BTCUSD

S&P 500

After ending the ascending wave at 3950.2, the S&P index is predicted to consolidate there. Later, the market could break the vary to the draw back and begin a brand new decline with the goal at 3700.0.

US500

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