EURUSD, “Euro vs US Dollar”
EURUSD is still consolidating and updating its lows. Possibly, today the pair may grow to test 1.1403 from below and then resume falling towards 1.1365. Later, the market may form one more ascending structure with the first target at 1.1414.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has broken the range to the upside. Today, the pair may form a new descending structure to reach 1.2888 and then resume growing towards 1.3100 to complete this ascending wave. After that, the instrument may form a reversal pattern. The first downside target is at 1.2750.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is still trading upwards; it keeps forming new consolidation ranges and breaking them to the upside. The next target is at 0.9973. After that, the instrument may be corrected towards 0.9888 and then continue trading inside the uptrend with the target at 1.0022.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is trading to break 109.32. Today, the pair may reach 109.48 and then fall to return to 109.32. Later, the market may form one more ascending structure with the target at 110.13.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is still falling with the target at 0.7129. Possibly, today the pair may grow to reach 0.7222 and then form a new descending structure towards 0.7129. After that, the instrument may start a new growth to reach 0.7180.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has finished the ascending impulse; right now, it is consolidating around 66.51. Today, the pair may break the range to the upside and form one more ascending structure to reach 66.84. Later, the market may fall to return to 66.61 and then resume growing with the target at 67.25.
XAUUSD, “Gold vs US Dollar”
Gold is still consolidating at the top around 1288.50 without any particular direction. Possibly, the pair may fall to reach 1282.20. Later, the market may form one more ascending structure with the target at 1297.61.
Brent is trading upwards; it has broken 61.29 and may continue growing towards 62.38. Later, the market may form one more consolidation range near the highs. If the instrument breaks this range to the upside, the price may continue trading upwards with the target at 64.34; if to the downside – start a new correction towards 56.96.
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.