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Technical Analysis & Forecast 20.03.2024

Ichimoku Cloud Analysis 13.05.2024 (EURUSD, XAUUSD, NZDUSD)
Wednesday March 20, 2024
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the indicator’s signal lines. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Cloud’s upper boundary at 1.0755 is ...
Technical Analysis & Forecast 08.05.2024
Wednesday March 20, 2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a downward impulse, reaching 1.0737. Today, the market is forming a narrow consolidation range above this level. With an upward breakout, a corrective phase is not ruled out, aiming ...
Ichimoku Cloud Analysis 08.05.2024 (GBPUSD, NZDUSD, USDCHF)
Wednesday March 20, 2024
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting following a rebound from the resistance area. The pair is going inside the Ichimoku Cloud, which suggests a sideways trend. A test of the Cloud’s lower ...
Technical Analysis & Forecast 07.05.2024
Wednesday March 20, 2024
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a downward impulse, reaching 1.0751. The market has corrected to 1.0790 today and is currently developing another decline structure aiming for the local target of 1.0700. After the price reaches this ...
Ichimoku Cloud Analysis 07.05.2024 (EURUSD, AUDUSD, USDJPY)
Wednesday March 20, 2024
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0745 is expected, followed by a ...
Technical Analysis & Forecast for May 2024
Wednesday March 20, 2024
EURUSD, “Euro vs US Dollar” The EURUSD pair continues to develop the third decline wave, aiming for an estimated target of 1.0505. Another structure of this wave targeting 1.0610 has been completed. Today, a correction could develop towards 1.0760. Once it ...
Ichimoku Cloud Analysis 02.05.2024 (EURUSD, XAUUSD, AUDUSD)
Wednesday March 20, 2024
EURUSD, “Euro vs US Dollar” EURUSD has found a foothold above the upper boundary of the descending channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Cloud’s lower ...
Technical Analysis & Forecast 24.04.2024
Wednesday March 20, 2024
EURUSD, “Euro vs US Dollar” The EURUSD pair escaped the consolidation range upwards and completed a growth link at 1.0710. Today it might drop to 1.0666 (testing from above). Next, a new correction link towards 1.0733 could follow. Once this correction ...
Ichimoku Cloud Analysis 24.04.2024 (EURUSD, XAUUSD, NZDUSD)
Wednesday March 20, 2024
EURUSD, “Euro vs US Dollar” EURUSD is rising towards the upper boundary of a Wolfe Wave descending pattern. The pair is going inside the Ichimoku Cloud, which suggests a sideways movement. A test of the Cloud’s ...
Technical Analysis & Forecast 23.04.2024
Wednesday March 20, 2024
EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0650 without any strong trend. A price rise to 1.0693 is not ruled out, followed by a decline to the local target of 1.0585. After the ...
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