Daily Forex Forecast

14.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a corrective wave, reaching 1.0814, and continued a decline wave. Today, the market is forming a narrow consolidation range above the 1.0733 level. With an upward breakout, the price might rise to 1.0770. With a downward breakout, t...

13.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has exited the consolidation range upwards amid the news, practically forming a correction of the last decline wave, with a target at 1.0850. Today, the market is forming a decline wave structure, aiming for 1.0772. After reaching this level, the...

12.06.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a wave, reaching 1.0717. Practically, the market continues to develop a consolidation range around 1.0750. Today, the price is expected to rise towards 1.0750 (testing from below). Following this, a decline wave might start, aiming f...

11.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a wave, reaching 1.0732, and started to form a consolidation range above this level. Today, the market has breached the range’s upper boundary and extended it towards 1.0770. A rise towards 1.0780 is possible, which is interpreted a...

10.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction, reaching 1.0901, and initiated a new decline wave. A consolidation range formed around 1.0826 and, breaking below it, the market today reached the decline wave’s local target of 1.0750. Subsequently, a rise at least to...

07.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0881, with the range potentially expanding towards 1.0909 today. After reaching this level, the price is expected to decline to 1.0881. A breakout of this level will open the potential for a wave tow...

06.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a downward impulse towards 1.0854 and corrected towards 1.0893, with a consolidation range forming below this level today. A downward breakout and a decline towards 1.0833 are expected. If this level also breaks, it will open the po...

05.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a downward impulse to 1.0858 and corrected towards 1.0886, with a consolidation range forming below this level today. A downward breakout and a decline towards 1.0845 are expected. If this level also breaks, it will open the potenti...

04.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair continues to develop a decline wave towards 1.0444, representing the estimated target. Another wave structure targeting 1.0607 and a correction towards 1.0894 have been completed. Today, a consolidation range might form below this level. With a d...

04.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave, reaching 1.0915. Today, a consolidation range is forming below this level. A downward breakout and a decline towards 1.0845 are expected. A downward breakout of this level will open the potential for a wave towards 1....

03.06.2024EURUSD, “Euro vs US Dollar”The EURUSD pair is forming a wide consolidation range around the 1.0845 level. The market has extended the range towards 1.0881 and returned to 1.0840. Today, another growth structure targeting 1.0902 might develop, followed by a decline towards the range’s lower...

31.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a decline wave to 1.0780 and a correction to 1.0844. Today, the market is forming a declining structure to 1.0808. After reaching this level, a rise to 1.0825 is possible. Next, another decline wave to 1.0789 is expected, potentially...

30.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair formed a decline wave targeting 1.0830 and corrected to 1.0857. Subsequently, the market continued the downward wave towards 1.0812. At the moment, a narrow consolidation range has formed around this level. Today, the market broke out of the range...

29.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair is forming a decline wave targeting 1.0830. After the price reaches this level, a corrective phase could follow, aiming for 1.0854 (testing from below). Subsequently, a new wave could start, targeting 1.0820 and potentially continuing towards 1.07...

28.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has exited a consolidation range upwards, considering a further correction towards 1.0881. Once the correction is complete, a new decline wave aiming for 1.0803 could start, followed by a rise towards 1.0840 (testing from below). Subsequently, the...

27.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair is currently in a consolidation phase around 1.0830. The market has extended the range down to 1.0803, expanding it upwards to 1.0851 today. Another decline structure aiming for 1.0815 is expected. A breakout of this level will open the potential ...

24.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has performed a wave of decline to 1.0803. Today, the market is forming a consolidation range above this level, potentially further declining towards 1.0801. A subsequent correction towards 1.0830 is probable, followed by a potential decline to 1....

23.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair performed a wave of decline to the 1.0818 level. Today, the market is forming a consolidation range above this level. A decline towards 1.0780 could occur, followed by a rise towards 1.0830, representing the local target for the correction wave.GB...

22.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair is currently in a consolidation phase around 1.0857. Today, a downward breakout towards 1.0831 is expected. After the price reaches this level, a new narrow consolidation range might form. A downward breakout will open the potential for a wave tow...

21.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has extended the range towards 1.0883 and declined to 1.0855. Today, the market is in a consolidation phase around this level. A decline towards 1.0832 could occur, followed by a rise towards 1.0855. An upward breakout of the range will open the p...

20.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair is currently in a consolidation phase around 1.0858, with the market extending the range towards 1.0880 today. A decline to 1.0858 (testing from above) is expected. With an upward breakout, the wave might expand to 1.0906, potentially rising to 1....

17.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a growth phase, reaching 1.0890. Today, a consolidation range could form around this level, possibly extending to 1.0909. Next, a decline wave might start, aiming for 1.0820 and potentially continuing to the first target of 1.0730.GB...

16.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has exited the consolidation range upwards and completed a corrective wave, reaching 1.0894. Today, a decline wave could develop, aiming for 1.0805. After reaching this level, the price could rise to 1.0850 (testing from below) and then decline to...

15.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has received support at the 1.0766 level and completed a growth structure, reaching 1.0805. A narrow consolidation range has formed around this level. Today, with an upward breakout, a rise to 1.0827 is expected, followed by a potential decline to...

14.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has extended a consolidation range towards 1.0806. Today, a decline structure is forming, aiming for 1.0766. A breakout of this level will open the potential for a wave to 1.0744, with the trend potentially continuing to the local target of 1.0680...

13.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair is forming a consolidation range around 1.0760, with the range possibly expanding to 1.0795. With a downward breakout, a new decline wave could start, targeting 1.0684 and potentially continuing to the local target of 1.0580.GBPUSD, “Great Britain...

08.05.2024EURUSD, “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 for 1.0757. With a downward breakout, the trend mig...

07.05.2024EURUSD, “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 level, a corrective phase is not ...

03.05.2024EURUSD, “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 is complete, the price could decl...

02.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair is currently in a consolidation phase around 1.0707, with the market expanding the range down to 1.0650. Today, the range could extend up to 1.0758. Practically, a further correction is possible. Once the correction is complete, the price could br...