EUR USD, “Euro vs US Dollar”
The EUR/USD pair is consolidating around 1.1622. We think, today the price may fall to reach 1.1575. If later the instrument breaks this level to the downside, the market may continue falling with the target at 1.1530.
GBP USD, “Great Britain Pound vs US Dollar”
The GBP/USD pair is still consolidating. Possibly, today the price may fall to reach 1.3115, break it, and then continue falling towards the local target at 1.2929.
USD CHF, “US Dollar vs Swiss Franc”
The USD/CHF pair is trading to break 0.9992 upwards. Possibly, the price may continue growing inside the uptrend to reach 1.0100. Later, in our opinion, the market may start another correction with the target at 0.9880.
USD JPY, “US Dollar vs Japanese Yen”
The USD/JPY pair is consolidating and forming the Expanding Triangle pattern. Possibly, today the price may grow to reach 114.00, break it, and then continue growing inside the uptrend with the target at 115.00.
AUD USD, “Australian Dollar vs US Dollar”
The AUD/USD pair is trading to break 0.7655 downwards. After that, the instrument may reach 0.7615 and then start another correction towards 0.7760.
USD RUB, “US Dollar vs Russian Ruble”
The USD/RUB pair has completed the ascending structure. We think, today the price may start another wave to break 57.60. The local target is at 56.70.
XAU USD, “Gold vs US Dollar”
Gold is still falling towards 1264. Later, in our opinion, the market may break this level and continue falling with the local target at 1250.
Brent is moving upwards. Possibly, today the price may reach 61.70 and then fall towards 61.00. After that, the instrument may continue growing inside the uptrend with the target at 62.50.
RoboForex Analytical Department
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.
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