EUR USD, “Euro vs US Dollar”
The EUR/USD pair is moving upwards. After breaking 1.1850 to the upside, the instrument may grow towards 1.1900 (an alternative scenario). According to the main scenario, the price may continue its decline with the target at 1.1686.
GBP USD, “Great Britain Pound vs US Dollar”
The GBP/USD pair is consolidating. According to the main scenario, the price may fall to reach 1.3240.
USD CHF, “US Dollar vs Swiss Franc”
The USD/CHF pair is consolidating near the lows. Possibly, today the price may grow towards 0.9930, break it, and then continue growing inside the uptrend to reach the local target at 1.0100.
USD JPY, “US Dollar vs Japanese Yen”
The USD/JPY pair has reached 112.90 and right now is consolidating around it. If later the instrument breaks this range to the upside, the market may move upwards to reach 113.85; if to the downside – start another correction with the target at 112.45.
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 58.53. If later the instrument breaks it, the market may continue falling inside the downtrend to reach the local target at 57.70.
XAU USD, “Gold vs US Dollar”
Gold is consolidating near the top of the ascending wave. According to the main scenario, the price may fall towards 1257 and then grow to reach 1268.
Brent is moving upwards. According to the main scenario, the price may continue growing inside the uptrend. The next target is at 64.97. After that, the instrument may fall towards 63.60.
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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