Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has completed the consolidation range at the top, broken it downwards, and may start a new correction to reach 1.1431; right now, it is consolidating near the lows of the third descending wave. If later the instrument breaks this range to the upside, the price may return to 1.1472; if to the downside – reach 1.1431 first and then return to 1.1472.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has broken 1.3099; right now, it is consolidating around this level. Today, the pair may form a new descending structure to reach 1.3037 and resume growing with the target at 1.3130.
USDCHF, “US Dollar vs Swiss Franc”
Free Reports:
USDCHF is trading to break 0.9949. Possibly, today the pair may form one more ascending structure to reach 0.9974 and then start a new decline to return to 0.9949.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has finished the ascending impulse along with the correction. Today, the pair may resume growing to break 109.00 and then continue trading inside the uptrend with the short-term target at 109.28. Later, the market may form a new descending structure to return to 109.00.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is trading downwards to reach 0.7207. After that, the instrument may form one more ascending structure towards 0.7350.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has reached its downside target. Today, the pair may grow to break 65.73 and then continue trading upwards to 66.37. Later, the market may start a new decline with the target at 64.80.
XAUUSD, “Gold vs US Dollar”
Gold is trading downwards. Possibly, the pair may reach 1310.55 and then start a new growth towards 1334.40.
BRENT
Brent has broken 61.47. Possibly, today the pair may be corrected towards 60.37 and then form one more ascending structure to return to 61.47. After that, the instrument may resume falling with the target at 61.00.
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.