Forex Technical Analysis & Forecast 10.02.2023

10 февраля 2023 - Fx4News

EURUSD, “Euro vs US Dollar”

The currency pair has completed a correction to 1.0790. Today the market is developing a new structure of decline. A link of decline to 1.0690 is expected, followed by growth to 1.0740 and a decline to 1.0655, from where the wave might extend to 1.0610. The goal is local.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

The currency pair has completed a wave of correction to 1.2193. Today the market continues developing a structure of decline to 1.2062. Then a link of growth to 1.2134 and a decline to 1.1990 should follow, from where the wave might continue to 1.1930. The goal is local.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

The currency pair has completed a correction at 130.33. Today the market is forming a link of growth to 133.15. After this level is reached, a link of decline to 131.50 should follow.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

The currency pair has completed a correction at 0.9166. Today a link of growth to 0.9260 is forming. Then a decline to 0.9211 and growth to 0.9305 should follow, from where the wave might extend to 0.9355.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

The currency pair has completed a correction to 0.7010. Today a structure of decline to 0.6894 is forming. Then growth to 0.6952 and a decline to 0.6843 should follow, from where the wave might continue to 0.6781.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent has completed a link of growth to 85.22 and a link of decline to 83.30. Practically, a new consolidation range has appeared around 83.30. A new structure of growth to 87.62 is expected to develop. The goal is first.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

Gold has completed a correction at 1889.99. Today the market is forming a link of decline to 1840.80. Then a link of growth to 1865.55 and a decline to 1819.70 should follow.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

S&P 500

The stock index continues forming a structure of decline to 4050.0. After this level is reached, a new consolidation range should form around this level. With an escape downwards, the wave of decline should continue to 3923.5, from where it might continue to 3903.0. The goal is local.

S&P 500
Risk Warning: the result of previous trading operations do not guarantee the same results in the future