Analysis for February 15th, 2016
EUR USD, “Euro vs US Dollar”
Being under pressure, Eurodollar is falling. We think, today the price may reach 1.1150 and then return to 1/1250. After that, the market may continue falling inside the downtrend. The next target is at 1.0900.
GBP USD, “Great Britain Pound vs US Dollar”
Being under pressure, Pound is growing. We think, today the price may reach 1.4700 and then start a correction to return to 1.4385.
USD CHF, “US Dollar vs Swiss Franc”
Being under pressure, Franc is growing. We think, today the price may reach 0.9860 and then fall towards 0.9750.
USD JPY, “US Dollar vs Japanese Yen”
Being under pressure, Yen is growing as well. We think, today the price may reach 115.50 and then return to 113.15.
AUD USD, “Australian Dollar vs US Dollar”
Australian Dollar is moving upwards. We think, today the price may reach 0.7188 and then start falling towards 0.7080.
USD RUB, “US Dollar vs Russian Ruble”
Russian Ruble is falling towards 76. We think, today the price may reach this level and start forming the fifth structure of the flag
pattern with the target at 81. Later, in our opinion, the market may start falling towards 69.
XAU USD, “Gold vs US Dollar”
Due to the President’s Day in the USA, Gold isn’t trading today. Tomorrow, after the market opening, the price is expected to continue falling inside the downtrend with the target at 1117.
RoboForex Analytical Department