EURUSD, “Euro vs US Dollar”
EURUSD is consolidating around 1.1600. Possibly, today the pair may fall to reach 1.1555 and then start a new growth to test 1.1600 from below. Later, the market may resume falling with the short-term target at 1.1493.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is still consolidating around 1.3040. Today, the pair may form a new descending structure to reach 1.2950 and then start a new growth towards 1.3030. After that, the instrument may resume trading inside the downtrend with the short-term target at 1.2865.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has formed another consolidation range around 0.9788. Today, the price may fall to test 0.9788 from above. If later the market breaks this range to the upside, the instrument may resume growing with the target at 0.9915.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is moving upwards. Possibly, today the pair may grow towards 114.33 and then fall to reach 113.50. Later, the market may start a new consolidation range near the highs.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating below 0.7234. According to the main scenario, the pair may continue trading inside the downtrend with the first target at 0.7157.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still consolidating around 65.60. Possibly, today the pair may fall to reach 65.15 and then start another growth to return to 65.60. After that, the instrument may resume falling with the target at 64.50.
XAUUSD, “Gold vs US Dollar”
Gold is consolidating around 1187.15. Possibly, the pair may form a new descending structure to reach 1182.10, break it, and then continue falling towards the short-term target at 1170.20.
Brent has broken the consolidation range upwards extended the structure. Today, the pair may form a new consolidation range near the highs and test 84.54 from above. If the instrument breaks this range to the upside, the price may grow to reach 87.60 and then start another correction to return to 84.54.
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.