EUR USD, “Euro vs US Dollar”
The EUR/USD pair is being corrected towards the target at 1.0600. Possibly, today the price may rebound from 1.0665 to the downside to reach the target. After that, the instrument may grow towards 1.0750 and then start the fourth wave to reach 1.0600.
GBP USD, “Great Britain Pound vs US Dollar”
The GBP/USD pair is falling towards 1.2200. Later, in our opinion, the market may grow to reach 1.2300 and then start another decline with the target at 1.1970.
USD CHF, “US Dollar vs Swiss Franc”
The USD/CHF pair is moving upwards. Possibly, today the price may fall to reach 1.0043 and then grow with the target at 1.0075. After that, the instrument may start another decline towards 0.9970.
USD JPY, “US Dollar vs Japanese Yen”
The USD/JPY pair is forming the fourth wave to return to 115.45. Later, in our opinion, the market may form the fifth one with the target at 112.00.
AUD USD, “Australian Dollar vs US Dollar”
The AUD/USD pair is forming the first structure of the descending wave. Possibly, today the price may reach 0.7490 and then grow towards 0.7540.
USD RUB, “US Dollar vs Russian Ruble”
The USD/RUB pair is still consolidating at its lows. Possibly, today the price may grow towards 59.88. After reaching this level, the pair may break it and continue moving upwards with the target at 61.00.
XAU USD, “Gold vs US Dollar”
Gold is falling towards 1190. After that, the instrument may continue falling inside the downtrend to reach 1170.
Brent is forming the fifth wave to reach 53.00 and complete the correction. Later, in our opinion, the market may start growing with the target at 59.90.
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.
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