Forex technical analysis and forecast: Majors, equities and commodities

EUR/USD, “Euro vs US Dollar”

After breaking 1.1830 to the downside and then reaching 1.1731, EURUSD is consolidating above the latter level. Possibly, the pair may correct towards 1.1794 and then resume trading within the downtrend with the short-term target at 1.1720.


GBP/USD, “Great Britain Pound vs US Dollar”

After breaking 1.2900 to the downside and then reaching 1.2800, GBPUSD is consolidating around the latter level. Today, the pair may correct to reach 1.2868 and then continue moving inside the downtrend with the target at 1.2742.


USD/RUB, “US Dollar vs Russian Ruble”

After breaking 75.55 to the upside and then reaching 76.55, USDRUB is consolidating near the highs. Possibly, today the pair may expand the range up to 76.65 and resume trading downwards with the target at 74.74.


USD/JPY, “US Dollar vs Japanese Yen”

USDJPY has finished the correctional structure to test 104.81 from below. Today, the pair may resume

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