{"id":164448,"date":"2020-02-05T09:45:18","date_gmt":"2020-02-05T14:45:18","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=164448"},"modified":"2020-02-05T07:16:07","modified_gmt":"2020-02-05T12:16:07","slug":"forex-technical-analysis-forecast-05-02-2020-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-usdcad-gold-brent-btcusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/02\/forex-technical-analysis-forecast-05-02-2020-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-usdcad-gold-brent-btcusd\/","title":{"rendered":"Forex Technical Analysis & Forecast 05.02.2020 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)"},"content":{"rendered":"
February 5, 2020<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

EURUSD, \u201cEuro vs US Dollar\u201d<\/strong><\/p>\n

After forming another consolidation range above 1.1045, EURUSD has broken it to the downside. Possibly, the pair may form a new descending structure towards 1.1030 and then start another growth to reach 1.1065.<\/p>\n

\"EURUSD\"
\n\"Risk<\/p>\n

GBPUSD, \u201cGreat Britain Pound vs US Dollar\u201d<\/strong><\/p>\n

After breaking 1.2980 to the downside and reaching 1.2940, GBPUSD has formed a new ascending impulse towards 1.3045; right now, it is consolidating above 1.3000. If later the price breaks this range to the downside, the market may resume moving downwards to reach 1.2960; if to the upside \u2013 start a new growth towards 1.3090.<\/p>\n

\"GBPUSD\"
\n\"Risk<\/p>\n

USDCHF, \u201cUS Dollar vs Swiss Franc\u201d<\/strong><\/p>

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After forming another consolidation range around 0.9666, USDCHF has broken it upwards. Today, the pair may continue growing to reach 0.9705 and then resume trading inside the downtrend with the target at 0.9666.<\/p>\n

\"USDCHF\"
\n\"Risk<\/p>\n

USDJPY, \u201cUS Dollar vs Japanese Yen\u201d<\/strong><\/p>\n

After reaching 108.90 and forming one more consolidation range, USDJPY has broken it upwards. Possibly, today the pair may grow to reach 109.57. After that, the instrument may form a new descending structure to test 108.90 from above.<\/p>\n

\"USDJPY\"
\n\"Risk<\/p>\n

AUDUSD, \u201cAustralian Dollar vs US Dollar\u201d<\/strong><\/p>\n

AUDUSD is consolidating above 0.6730. Today, the pair may grow to reach 0.6755 and resume trading downwards with the target at 0.6730. After that, the instrument may start a new growth towards 0.6780.<\/p>\n

\"AUDUSD\"
\n\"Risk<\/p>\n

USDRUB, \u201cUS Dollar vs Russian Ruble\u201d<\/strong><\/p>\n

USDRUB is moving downwards. Possibly, today the pair may reach 62.80 and then form one more ascending structure towards 63.34. Later, the market may resume falling with the target at 62.60.<\/p>\n

\"USDRUB\"
\n\"Risk<\/p>\n

USDCAD, \u201cUS Dollar vs Canadian Dollar\u201d<\/strong><\/p>\n

USDCAD is consolidating above 1.3267. Possibly, the pair may expand the range up to 1.3309. After that, the instrument may start a new decline with the target at 1.3216.<\/p>\n

\"USDCAD\"
\n\"Risk<\/p>\n

XAUUSD, \u201cGold vs US Dollar\u201d<\/strong><\/p>\n

Gold is moving downwards. Today, the pair may consolidate around 1558.90. If later the price breaks this range to the downside, the market may reach 1538.45 and then start another correction to reach 1558.95. After that, the instrument may form a new descending structure with the target at 1524.50.<\/p>\n

\"GOLD\"
\n\"Risk<\/p>\n

BRENT<\/strong><\/p>\n

Brent is consolidating around 54.50. Possibly, the pair may expand the range down to 53.60 and then resume growing to return to 54.50. Later, the market may form a new descending impulse to update 53.20 and then start another growth with the first target at 56.75.<\/p>\n

\"BRENT\"
\n\"Risk<\/p>\n

BTCUSD, \u201cBitcoin vs US Dollar\u201d<\/strong><\/p>\n

BTCUSD is consolidating around 9300.00; right now, it is falling to reach 9000.00 and may later grow to return to 9300.00, thus forming a new consolidation range. If later the price breaks this range to the upside, the market may resume moving upwards to reach 10044.00; if to the downside \u2013 start a new correction towards 8500.00.<\/p>\n

\"BITCOIN\"<\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com EURUSD, \u201cEuro vs US Dollar\u201d After forming another consolidation range above 1.1045, EURUSD has broken it to the downside. Possibly, the pair may form a new descending structure towards 1.1030 and then start another growth to reach 1.1065. GBPUSD, \u201cGreat Britain Pound vs US Dollar\u201d After breaking 1.2980 to the downside and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-164448","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/164448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=164448"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/164448\/revisions"}],"predecessor-version":[{"id":164452,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/164448\/revisions\/164452"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=164448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=164448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=164448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}