Analysis

Euro/Dollar forecast for today: EURUSD analysis 23.02.2024

The EURUSD broke out the border of the short-term downtrend 1.0833 – 1.0820 yesterday. The trend has turned up. After heating a new high, the market was corrected down and tested support (А) 1.0804 – 1.0796 yesterday. One could enter buy trades in support (A) according to the pattern with a target at yesterday’s high.  If the […]

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Oil price forecast for today: USCrude analysis 23.02.2024

The oil price broke through the local high yesterday. The market has not consolidated above 78.50 and is now declining. If the price continues falling today, it should test support (А) 75.42 – 75.09, and one could enter new purchases with a target at yesterday’s high.   The trend border is in the zone of 73.77 – 73.28. It

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Elliott wave Ripple analysis 23.02.2024

The XRPUSD market is forming a triple zigzag, with four sub-waves completed inside. The price is rising in impulse [1], composed of sub-waves (1)-(2)-(3)-(4)-(5). The final impulse (5) is currently forming. The price could reach a level of 0.603. Trading plan for XRPUSD today: Buy 0.533, Take profit: 0.603. Myanfx-edu does not provide tax, investment or financial services and advice.

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Euro/Dollar forecast for today: EURUSD analysis 20.02.2024

Yesterday, buyers unsuccessfully tried to break out resistance (A) 1.0787 – 1.0778. The zone was held by sellers. Therefore, today in this zone, you can consider sales with a target at February 14 low. If the price consolidates lower, the next sales target will be the Gold Zone 1.0635 – 1.0627. If, during trading the resistance

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Oil price forecast for today: USCrude analysis 20.02.2024

The short-term oil uptrend continues. The growth target is the upper Target Zone 82.34 – 81.35. Consider oil purchases at support (A) 75.19 – 74.86 and support (B) 73.54 – 73.05. The first target for purchases will be yesterday’s high. To enter sales and reverse the trend, traders need to break out support (B) and consolidate the

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