Forex Technical Analysis & Forecast 30.01.2023

30 января 2023 - Fx4News

EURUSD, “Euro vs US Dollar”

The currency pair has completed a wave of decline to 1.0837. Today the market is correcting to 1.0883. After the correction is over, a decline to 1.0810 will become possible. Then a consolidation range should form around this level, from which the price should escape to 1.0795. 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 an impulse of decline to 1.2344. Today a correction to 1.2415 might follow. After the correction is over, the pair may drop to 1.2340. With a breakaway of this level downwards, the wave might extend to 1.2262. 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 continues forming a consolidation range around 130.00. Today a decline to 128.50 should happen. Then growth to 129.50 and a decline to 128.30 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 is forming a consolidation range around 0.9219. A link of decline to 0.9191 is not excluded. Then the pair should grow to 0.9250, from where the growth might continue to 0.9277.

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 continues developing a structure of decline to 0.7070. With a breakaway of this level downwards, a pathway for a wave to 0.7000 will open. The goal is local.

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

BRENT

Brent continues correcting to 85.00. Today this wave of decline might end and a new wave of growth to 90.30 might start, from where it might extend to 93.00. Then a correction to 88.98 should follow.

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 structure of decline to 1916.58 and a link of growth to 1934.40. Today the market might develop one more structure of decline to 1918.00. And with a breakaway of this level downwards, a pathway down to 1900.00 will open. The goal is local.

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

S&P 500

The stock index has formed a link of growth to 4095.0. Today it might decline to 3999.0. After this level is reached, a correction to 4030.0 might start, followed by a decline to 3800.0. The goal is local.

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