Day: January 19, 2023

Jan 19
Forex Technical Analysis & Forecast 19.01.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a link of growth ti 1.0886. A wave of decline to 1.0765 is forming today. Then a correction to 1.0826 should follow. Next, a wave of decline to 1.0703 might form. The goal is local. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]

Jan 19
Murrey Math Lines 19.01.2023 (USDCHF, XAUUSD)

USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, which indicates a downtrend. The RSI has bounced off the resistance line. As a result, a downward breakaway of 2/8 (0.9155) is expected, from where the pair is to fall to the support level of 0/8 (0.9033). The scenario […]

Jan 19
EURUSD: things are complicated. Overview for 19.01.2023

EURUSD keeps fluctuating at big amplitude. The current quote is 1.0800. The yield of treasury bonds in the US dropped quite a bit yesterday, pulling the USD down. Investors are nervous that recession in the US economy might grow, especially after statistics gave such signals. So, the news is as follows. Retail sales in the […]

Jan 19
Ichimoku Cloud Analysis 19.01.2023 (EURUSD, XAUUSD, USDCAD)

EURUSD, “Euro vs US Dollar” The currency pair is testing the the support area. The instrument is going above the Ichimoku Cloud, implying this an uptrend. A test of the upper border of the Cloud is expected at 1.0780, followed by growth to 1.1030. An additional signal confirming the growth will be a bounce off […]

Jan 19
Japanese Candlesticks Analysis 19.01.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. The pair may now go by the signal in an ascending wave. The goal of the growth may be 1.0930. However, the price may pull back to 1.0765, bounce off it, and continue the uptrend […]

Jan 19
Forex Technical Analysis & Forecast 18.01.2023

EURUSD, “Euro vs US Dollar” The currency pair has corrected to 1.0868. After the correction was over, a wave of decline to 1.0793 followed. At the moment, the market is forming a consolidation range around this level. Today an escape upwards is expected, so that the wave will extend to 1.0718. The goal is local. […]