Currencies are believed to move in cycles, which means that one may try to estimate and predict their future fluctuations. Technical analysis helps to look into behavior of currency pairs on the basis of traded value, movement direction, investors’ common interests, and fluctuations history.
USDCHF is moving upwards.
After forming another consolidation range around 1.3094, GBPUSD has broken it to the downside.
After finishing the descending wave, EURUSD has completed the ascending impulse at 1.1058; right now, it correcting towards 1.1047.
BTCUSD is moving downwards.
Brent is moving downwards.
Gold has reached 1568.12.
USDCAD is consolidating around 1.3062.
USDRUB continues consolidating around 61.50.