USDCHY has achieved projected target with the elongation. For today, I expect development of this correctional move to at least 102.60. After that, I will watch for descending structure and visiting 99.30 level.
AUDUSD is continuing to trade within consolidation. Market is trying to extend trading range to 0.9222. After that, I will watch for possible reversal and continuation of the growth with 0.9510 as target.
Russian rouble continues to build consolidation at the top of the ascending wave. Basic scenario is development of descending structure and visiting 34.77.
Gold moves within correctional phase. For today, I will expect possibility of visiting 1310. After that, I will watch for another decline to 1275.
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.
Need any help? Click on the icon in the lower right corner of the page and get an answer to any your questions