Article By RoboForex.com
Analysis for September 11th, 2015
EUR USD, “Euro vs US Dollar”
The euro dollar currency pair failed to immediately develop a wave of decline. A breakdown of 1.1236 opened a growth potential to the level of 1.1382. But this growth will be considered as an alternative. The main scenario can be developed by the market at any time. The target of this wave is at the level of 1.1000.
GBP USD, “Great Britain Pound vs US Dollar”
The pound dollar currency pair extended its consolidation up and is offering the market to consider alternative growth to the level of 1.5510. The main scenario for the testing of the level of 1.4960 is in play and at any time the market can “rush” to work through it.
USD CHF, “US Dollar vs Swiss Franc”
The Dollar Franc currency pair continues to trade within a narrow range. We regard this as a correction. It may continue to work the level of 0.9686. Then – once again an increase to the level of refinement of 0.9870.
USD JPY, “US Dollar vs Japanese Yen”
The dollar yen currency pair continues to trade in the consolidation. We expect today the work though the 120.20 level, and the test is above. Next, we consider the possibility of growth to a level of 121.78. Then – again a return to the level of 120.00.
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AUD USD, “Australian Dollar vs US Dollar”
The Australian dollar against the US dollar is trading the consolidation range on the top of growth. With the breakdown of the minimum we expect a development of a correction to the level of 0.6996. With upward break through we consider growth to the level of 0.7200.
USD RUB, “US Dollar vs Russian Ruble”
The Russian ruble continues to trade in a consolidation range. Today, we are considering the possibility of the testing of 67.00 above. Next – he new growth to the level of refinement of 69.90. Then we look forward to the development of a wave of decline to the level of refinement of 52.50.
XAU USD, “Gold vs US Dollar”
Gold has fulfilled the goal of the first pulse of growth. Today, we expect the development of its correction to the level of 1105.40. Further, with the break through the top of the first pulse we will consider the development of the structure to the refinement of the level of 1125.00. With the break down of the minimum we don’t rule out the update of the level of 1100.00.
RoboForex Analytical Department
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
