Article By RoboForex.com
EUR USD, “Euro vs US Dollar”
Eurodollar is moving below 1.1200; the market is forming another consolidation channel. We think, today the price may test the above-mentioned level from below again. After that, the pair may continue falling inside the downtrend to reach 1.1085.
Pound is being corrected towards 1.4235. After that, the pair may be fall to reach 1.3960 and then return to 1.4235.
Franc has reached its local target. We think, today the price may fall towards 0.9730 and then grow to reach 0.9800.
Yen is growing with the target at 113.57. Possibly, today the price may test 112.50 from above again. Later, in our opinion, the market may move upwards to reach the above-mentioned target.
Free Reports:
Australian Dollar has formed an ascending impulse. We think, today the price may try to return to 0.7586 and then fall to reach 0.7275.
Being under pressure, Russian Ruble is falling. Possibly, the price may reach the predicted local target at 65. After the target is reached, we’ll be able to define more precise target of this wave.
Gold isn’t trading today due to the Easter holidays. After the market opening on Monday, the price is expected to fall to reach the target is at 1170.
RoboForex Analytical Department
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s 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.