Article By RoboForex.com
EUR USD, “Euro vs US Dollar”
The EUR/USD pair has completed the ascending structure, which was implied by an alternative scenario. Possibly, today the price may fall towards 1.0690 and grow with the target at 1.0750.
GBP USD, “Great Britain Pound vs US Dollar”
The GBP/USD pair has completed the ascending impulse. Possibly, today the price may fall towards 1.2500, thus forming another consolidation range. If later the market breaks this range to the downside, the instrument may fall to reach 1.2164; if to the upside – grow with the target at 1.2814.
USD CHF, “US Dollar vs Swiss Franc”
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The USD/CHF pair has reached the target of the descending wave. Possibly, today the price may grow towards 0.9942. Later, in our opinion, the market may fall to reach 0.910 and then continue moving upwards with the target at 1.0024.
USD JPY, “US Dollar vs Japanese Yen”
The USD/JPY pair is moving upwards with the target at. 114.14. Possibly, the price may reach 113.76 and then fall towards 113.11.
AUD USD, “Australian Dollar vs US Dollar”
The AUD/USD pair is consolidating at the top of the ascending wave. Possibly, today the price may fall towards 0.7500 and then grow to return to 0.7555.
USD RUB, “US Dollar vs Russian Ruble”
In case of the USD/RUB pair, today the price may probably grow to reach 60.86. After that, the instrument may start falling with the target at 58.50.
XAU USD, “Gold vs US Dollar”
Gold has completed the ascending correctional structure. Possibly, today the price may continue falling inside the downtrend with the target at 1189 or even 1165.
BRENT
Being under pressure, Brent is moving downwards. Possibly, today the price may fall to reach 55.00 or even 54.70.
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.