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Forex Technical Analysis & Forecast 17.02.2023

EURUSD, “Euro vs US Dollar”

The currency pair continues developing a structure of decline to 1.0612. After this level is reached, a link of correction to 1.0715 is not excluded, followed by a decline to 1.0500.

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 continues developing a structure of decline to 1.1901. After this level is reached, a link of correction to 1.1991 is not excluded, followed by a decline to 1.1725.

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 developing a structure of growth to 134.94. After this level is reached, a link of correction to 133.33 is not excluded, followed by a structure of growth to 136.55.

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 broken through 0.9270 upwards. Today the structure of growth should continue to 0.9300. After this level is reached, a link of correction to 0.9270 is not excluded. Then growth is expected to continue to 0.9327.

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 structure of decline to 0.6838. Today a consolidation range should develop around this level. With an escape downwards, the wave is expected to continue to 0.6750.

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

BRENT

Brent continues developing a wide consolidation range. Today a link of decline to 83.20 is not excluded. After this level is reached, a wave of growth to 88.88 is expected to begin. 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 escaped a consolidation range downwards. Today the range should expand to 1820.45. After this level is reached, a link of growth to at least 1833.60 is to follow. Then a decline to 1800.00 should be expected.

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 developing a wave of decline to 4039.0. After this level is reached, a link of growth to 4100.0 is expected, followed by a decline to 3960.0. The goal is local.

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


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