EURUSD, “Euro vs US Dollar”
EURUSD is consolidating around 1.1348. Possibly, today the pair may test this level from below and then fall towards 1.1311. After that, the instrument may form one more ascending structure to return to 1.1348 and then resume trading inside the downtrend with the short-term target at 1.1266.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is still consolidating. Today, the pair may fall to break 1.2770 and then continue falling with the short-term target at 1.2650.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is trading upwards with the target at 0.9988. Later, the market may resume falling towards 0.9960 and then start another growth towards the first target at 1.0007.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has completed the ascending wave. Possibly, today the pair may form the first descending impulse towards 113.15. After that, the instrument may start another growth to reach 113.35 and then resume falling inside the downtrend with the target at 112.55.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating around 0.7230. Today, the pair may break this level downwards and reach the target at 0.7185. And that’s just a half of the third descending wave. The key target is at 0.7100.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has returned to 66.90. Possibly, today the pair may form a new consolidation range at the top. Later, the market may resume falling to break 65.60 and then continue trading inside the downtrend with the short-term target at 64.00.
XAUUSD, “Gold vs US Dollar”
Gold is trading downwards with the target at 1218.24. After that, the instrument may grow to reach 1224.17, thus forming another consolidation range with a reversal pattern at the top. Later, the market may break 1218.00 to the downside and continue trading inside the downtrend with the target at 1190.10.
Brent is forming the first ascending impulse towards 61.42. Later, the market may form a new descending structure to reach 59.95 and then resume growing with the first target at 65.65.
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.
Need any help? Click on the icon in the lower right corner of the page and get an answer to any your questions