EUR USD, “Euro vs US Dollar”
The EUR/USD pair has completed the first descending impulse in the fifth wave. We think, today the price may grow to reach 1.1812 and then resume falling towards 1.1745.
GBP USD, “Great Britain Pound vs US Dollar”
The GBP/USD pair is consolidating above 1.3400. If later the instrument breaks this range to the upside, the market may start another growth towards 1.3497; if to the downside – fall to reach 1.3300.
USD CHF, “US Dollar vs Swiss Franc”
The USD/CHF pair has finished the ascending impulse along with the correction. Possibly, today the price may grow to break 0.9920. The target is at 0.9991. After that, the instrument may start another consolidation range.
USD JPY, “US Dollar vs Japanese Yen”
The USD/JPY pair is consolidating near the lows of the descending wave. According to the main scenario, the price may start another ascending growth with the first target at 112.87.
AUD USD, “Australian Dollar vs US Dollar”
The AUD/USD pair is consolidating close to the upside border of the Triangle pattern. If later the instrument breaks this range to the upside, the market may start another ascending structure towards 0.7760; if to the downside – fall to reach 0.7575.
USD RUB, “US Dollar vs Russian Ruble”
The USD/RUB pair is consolidating above 58.58. Possibly, the price may grow to reach 60.06. After breaking this range to the downside, the market may continue falling with the target at 56.55.
XAU USD, “Gold vs US Dollar”
Gold is consolidating above 1252. If later the instrument breaks this range to the upside, the market may reach 1268; if to the downside – fall towards 1220.
Brent has almost completed the correction. Possibly, today the price may fall to reach 60.60 and then grow towards 64.00.
RoboForex Analytical Department
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.