Forex Technical Analysis & Forecast 09.10.2018 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

09.10.2018

EURUSD, “Euro vs US Dollar”

EURUSD is still consolidating near the lows and trying to rebound from the downside border. Possibly, the pair may reach 1.1516 and then start another decline with the short-term target at 1.1444.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has rebounded from 1.3030 and right now is trading upwards. Today, the pair may reach 1.3138 and then resume trading inside the downtrend towards 1.2995.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is still consolidating above 0.9917. Possibly, today the pair may fall towards the downside border at 0.9882 and then return to 0.9917, thus forming a new consolidation range. If later the instrument breaks this range to the upside, the price may resume trading inside the uptrend towards 0.9990; if to the downside – continue the correction with the target at 0.9767.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has completed the short-term downside target. Today, the pair may trade upwards to reach 113.52 and then start another decline towards the first target at 112.44.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is still consolidating near the lows. Today, the pair may grow to reach 0.7097 and then fall towards 0.7055, thus forming a new consolidation range. If later the instrument breaks this range to the downside, the price may resume trading inside the downtrend with the target at 0.7000; if to the upside – continue the correction to reach 0.7154.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is consolidating around 66.55. Possibly, today the pair may fall towards 66.01 and then grow to reach 67.10. Later, the market may resume falling with the target at 66.60. If later the instrument breaks this range to the upside, the price may resume growing towards 68.10; if to the downside – continue trading inside the downtrend with the target at 65.35.

USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

XAUUSD, “Gold vs US Dollar”

Gold has reached the short-term downside target; right now, it is being corrected towards 1194.20. After that, the instrument may fall to reach 1181.70.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

BRENT

Brent has broken 84.25 and may continue the correction towards 85.55. Later, the market may start a new descending structure with the first target at 81.50.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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.

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