Article By RoboForex.com
EUR USD, “Euro vs US Dollar”
Being under pressure, the EUR/USD pair is moving downwards; in fact, the market has broken its consolidation range to the downside. Possibly, the price may reach 1.0680 and then grow towards 1.0794.
GBP USD, “Great Britain Pound vs US Dollar”
The GBP/USD pair is consolidating. Possibly, today the price may rebound from the upside border of this range and start falling 1.2400. After that, the instrument may form another ascending structure to reach 1.2550.
USD CHF, “US Dollar vs Swiss Franc”
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Being under pressure, the USD/CHF pair is growing. Possibly, the price may reach 1.0036. Later, in our opinion, the market may fall with the target at 0.9943.
USD JPY, “US Dollar vs Japanese Yen”
Being under pressure, the USD/JPY pair is growing as well. Possibly, the price may be corrected with the target at 114.50. After that, the instrument may continue falling to reach 112.20.
AUD USD, “Australian Dollar vs US Dollar”
Being under pressure, the AUD/USD pair is moving downwards. Possibly, the price may reach 0.7400. Later, in our opinion, the market may grow with the target at 0.7500.
USD RUB, “US Dollar vs Russian Ruble”
The USD/RUB pair is still consolidating; in fact, the market is forming the expanding triangle pattern. Possibly, today the price may reach 58.60 and then move upwards with the target at 60.40.
XAU USD, “Gold vs US Dollar”
Being under pressure, Gold is moving downwards. Possibly, the price may reach 1192. After that, the instrument may continue moving upwards with the target at 1207.
BRENT
Brent is consolidating in the center of the range. Possibly, the price may grow towards 56.30 and then move downwards to reach 53.80. Later, in our opinion, the market may return to 55.00 and then continue falling with the target at 53.00.
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.
