Article By RoboForex.com
Currency pair Pound to US Dollar tested next approcah ti the high. We consider the possibility of “Double High” and upon breakage of level 1.3273 we expect descending to level 1.3100. Main goal of descending wave is on level 1.2650.
Currency pair US Dollar-Franc finished descending wave as correction. Today we have growth impulse and its correction. Next in turn – breakage of impulse high and continuation of growth for test of level 0.9820. Later – descending to level 0.9800.
Currency pair US Dollar to Yen formed one more growth matrix. Market almost defined borders of consolidated diapason. Today upon breakage to the down we consider the possibility of trend continuation to descend to level 101.50. Upon breakage to the up, potential of growth to level 109.84 will be opened.
Currency pair AUS Dollar to US Dollar is on the high of growth wave and created one more matrix. Market almost defined consolidated diapason. Upon its breakage to the down we consider the possibility of wave development to test of level 0.7470.
Russian rouble almost overlapped level 63.00 and offers to market to consider the possibility of development of descending wave to level 61.93. Taking into account that oil market becoming cheaper, rouble can perform growth structure into correction to level 64.00.
Gold overlapped goal of descending structure and created growth impulse. Today we consider the possibility of its high breakage. We expect development of wave to test level 1383. Later – returning to level 1344.
Article By RoboForex.com
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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.