Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Roboforex is an official sponsor
of "Starikovich-Heskes Team"
at the Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Technical analysis and forecasts / Forex Technical Analysis 04.12.2015 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD)
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back




Forex Technical Analysis 04.12.2015 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD)

04.12.2015

Analysis for December 4th, 2015

EUR USD, “Euro vs US Dollar”

Being influenced by the news, Eurodollar has started a correction. The market has almost reached the target of the fourth wave. The main scenario remains the same – today the price may continue falling inside the downtrend and start the fifth wave with the target at 1.0300. The first target is at 1.0768.




GBP USD, “Great Britain Pound vs US Dollar”

Pound is being corrected. We think, today, the price may fall towards 1.5071. Later, the correction may continue to reach 1.5250 (an alternative scenario). After that, the instrument may continue falling to reach 1.4848. 




USD CHF, “US Dollar vs Swiss Franc”

Franc has almost completed the fourth correctional structure. We think, today, the price may start forming the fifth wave to reach 1.0530.




USD JPY, “US Dollar vs Japanese Yen”

Yen is consolidating. We think, today, the price may grow to reach 123.80. After that, the pair may return to 123.00.




AUD USD, “Australian Dollar vs US Dollar”

Australian Dollar is still consolidating. We think, today, the price may be corrected towards 0.7200 and then continue growing to reach 0.7400.




USD RUB, “US Dollar vs Russian Ruble”

Russian Ruble is expected to return to 66.48 today. After that, the pair may continue forming its descending wave towards 60.00. An alternative scenario implies that the market may reach a new high and then continue falling towards 60.00.




XAU USD, “Gold vs US Dollar”

Gold has completed its ascending correction. We think, today, the price may fall to reach 1043.45 and then return to 1059.00 to test it from below. After that, the instrument may fall towards 1015.00.



 
RoboForex Analytical Department

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Members Area.

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.