EURUSD, “Euro vs US Dollar”
EURUSD has broken 1.1600 and may continue falling towards 1.1480. Possibly, today the pair may return to 1.1600 once again and then fall to reach 1.1480.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has broken 1.3200 and may continue falling with the target at 1.3078. Today, the price may grow to return to 1.3200 and resume falling to reach the above-mentioned target.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has broken 0.9938 and may continue growing towards the target at 1.0020. Possibly, today the price may grow to reach 0.9882 and then form another descending structure to return to 0.9938. After that, the instrument may continue trading upwards to reach the above-mentioned target.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is consolidating around 110.06. Possibly, the pair may extend the ascending structure towards 110.78. Later, the market may continue trading downwards to return to 110.06.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has reached the short-term target at 0.7334 and right now is forming the fifth descending wave. Today, the price may be corrected towards 0.7390 and then resume falling with the target at 0.7286.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating above 63.39. If later the pair breaks this range to the downside, the market may resume trading downwards to reach 60.00; if to the upside (an alternative scenario) – form another ascending structure with the target at 64.24.
XAUUSD, “Gold vs US Dollar”
Gold is moving downwards; it has updated its lows and may continue falling to reach 1240.00. After that, the instrument may start another consolidation range near the lows with a reversal pattern and start another correction with the target at 1304.00.
Brent has broken its consolidation range and may continue growing towards 80.25. Possibly, today the pair may grow towards 79.08 and then fall to reach 77.50. Later, the market may form another ascending structure with the short-term target at 79.80.
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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