Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has completed the ascending structure at 1.1074; right now, it is consolidating. Possibly, the pair may move downwards to reach 1.1050. Later, the market may grow towards 1.1084 and then resume trading downwards with the target at 1.1034.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has finished the ascending structure at 1.2525; right now, it is correcting towards 1.2466. After that, the instrument may start a new growth with the target at 1.2524.
USDCHF, “US Dollar vs Swiss Franc”
Free Reports:
USDCHF is consolidating below 0.9938. Today, the pair may fall to break 0.9823 and then continue moving downwards to reach 0.9809. Later, the market may start another growth with the target at 0.9955.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is consolidating around 108.14. Possibly, today the pair may form a new descending structure to reach 107.93 and then resume trading inside the uptrend with the target at 108.44.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is forming the third descending impulse with the target at 0.6825. Later, the market may start another growth towards 0.6856 and then resume trading downwards to reach 0.6787.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is correcting. Possibly, the pair may reach 64.60 and then start a new decline towards the first target at 63.30.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is consolidating above 1.3250. If later the price breaks this range to the upside at 1.3250, the instrument may form one more ascending structure to reach 1.3290; if to the downside at 1.3233 – start a new decline with the target at 1.3211.
XAUUSD, “Gold vs US Dollar”
Gold is consolidating above 1497.70 without any particular direction. Possibly, today the pair may fall towards 1483.88 and then start a new growth to return to 1497.70. Later, the market may resume trading downwards with the target at 1470.68.
BRENT
Brent has completed the correction at 64.00. Today, the pair may grow towards 67.60 and then form a new descending structure to reach 65.70. After that, the instrument may resume trading inside the uptrend with the target at 71.30.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is still consolidating above 10180.00 without any particular direction. Possibly, today the pair may move downwards to reach 9853.00 and then resume growing to return to 10180.00. After that, the instrument may form a new descending structure with the target at 9800.00.
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.