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 / Technical analysis for EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on 18.07.2016
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

Technical analysis for EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on 18.07.2016


Currency pair Euro-US Dollar is traded in structure of descending trend. Market formed figure of continuation on breakage of level 1.1070. In momentum market performs its technical test from below. Later we expect pullback to the down to test level 1.1000. Then we expect development of the next diapason consolidated on that level.


Currency pair Pound-US Dollar is traded in the next descending wave. We expect test of level 1.3090. Later - returning to 1.3287, test from below. Then we expect the next descending for overlapping of level 1.2650.


Currency pair US Dollar-Franc is traded in growth structure toward level 0.9907. Today we consider development of consolidated diapason and breakage of level 0.9832 with continuation figure. After test of target level, we expect technical returning to 0.9800.


Currency pair US Dollar-Yen is traded in structure of descending trend. We expect test of level104.00 for today. Then - returning to 105.40, test from below. Later - descening to level 103.00 (as minimum).


Currency pair AUS Dollar-US Dollar is traded in structure of descending trend. In the turn - test of level 0.7450. This is the first target.


Russian ruble after overlapping of level 63.00 is traded in structure of technical returning to 64.60 (as minimum). We not exclude test of level 66.00 as well. Later we consider the possibility to stretch correction to 69.00 following oil market. Then - descending trend to overlap level 60.00.


Gold is traded within narrow consolidated diapason. We consider breakage to the top and continuation of growth to level 1383 as the main scenario for today. Then - descending to level 1344. After that, we will consider the possibility of development of one more component of growth wave to level 1425.


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.


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.