Forex Technical Analysis & Forecast 15.11.2018 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

15.11.2018

EURUSD, “Euro vs US Dollar”

EURUSD has reached the upside target and right now is consolidating around 1.1305. If later the instrument breaks this range to the upside, the price may continue the correction to reach 1.1389; if to the downside – continue trading inside the downtrend with the target at 1.1155.

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 reached the upside target and right now is still trading upwards. Possibly, the pair may choose an alternative scenario and extend this structure towards 1.3121. Later, the market may resume falling with the target at 1.2977.

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 has reached the correctional target. Possibly, the pair may continue the correction towards 1.0018. After that, the instrument may start another growth with the target at 1.0075.

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 broken 113.57. Today, the pair may continue falling with the first target at 112.95. Later, the market may return to 113.57 and then resume trading inside the downtrend to reach 112.55.

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 has broken 0.7230 upwards. Possibly, today the price may choose an alternative scenario and form one more ascending structure to reach 0.7300. After that, the instrument may resume trading inside the downtrend with the target at 0.7160.

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 has reached 68.10 and rebounded from it. Today, the pair may form a new consolidation range around 67.55. If later the price breaks it to the downside, the price may form one more descending structure with the short-term target at 66.25.

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 returned to 1216.50; so far, it’s a three-wave structure. Possibly, today the price may form a new descending structure towards 1206.97 and then grow to reach to 1217.70. Later, the market may start a new decline with the target at 1204.90.

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

BRENT

Brent has competed the ascending impulse along with the correction. Today, the pair may trade upwards with the short-term target at 68.55. After that, the instrument may form one more descending structure towards 67.20 and then resume growing to reach the first target at 69.69.

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.

Ask a question

Need any help? Click on the icon in the lower right corner of the page and get an answer to any your questions

Or enter your phone number in the form below and we will call you right away.

Call back
Ask a question