Forex Technical Analysis & Forecast 09.02.2023
EURUSD, “Euro vs US Dollar”
The currency pair continues developing a consolidation range around 1.0711. A link of growth to 1.0777 is not excluded, followed by falling to 1.0615. The goal is local.
GBPUSD, “Great Britain Pound vs US Dollar”
The currency pair continues forming a consolidation range around 1.2044. Today a link of growth to 1.2128 is not excluded, followed by a decline to 1.1980. And with a breakaway of this level, the decline might continue to 1.1825. The goal is local.
USDJPY, “US Dollar vs Japanese Yen”
The currency pair continues developing a consolidation range around 131.55. Today a link of decline to 130.30 is not excluded. Then the pair may grow to 133.15.
USDCHF, “US Dollar vs Swiss Franc”
The currency pair continues developing a consolidation range around 0.9220. Today a link of decline to 0.9167 is not excluded, followed by growth to 0.9277.
AUDUSD, “Australian Dollar vs US Dollar”
The currency pair continues developing a consolidation range around 0.6936. Today a link of growth to 0.7010 is not excluded, followed by a decline to 0.6855.
BRENT
Brent continues developing a wave of growth to 85.50. Then a correction to 83.50 and growth to 87.88 should follow.
XAUUSD, “Gold vs US Dollar”
The quotes continue developing a consolidation range around 1873.50. Today the range may extend to 1893.15. Then a decline to 1859.60 should follow, from where the quotes may proceed to 1820.00.
S&P 500
The stock index continues developing a consolidation range around 4136.0. Today a link of decline to 4094.4 is not excluded, followed by growth to 4136.0.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
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