Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has returned to 1.2277. Possibly, today the price may fall towards 1.2246 and then grow to reach 1.2271, thus forming another consolidation range. If later the instrument breaks this range to the upside, the market may continue the correction towards 1.2317; if to the downside – resume falling to reach 1.2161.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is moving upwards. Possibly, the price may reach 1.4120 and then resume moving inside the downtrend with the short-term target at 1.3930.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF has finished the descending impulse. Today, the price may grow to reach 0.9622 and then fall towards 0.9599, thus forming another consolidation range. If later the instrument breaks this range to the upside, the market may grow to reach 0.9675; if to the downside – continue the correction with the target at 0.9490.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is falljing towards 106.68. After that, the instrument may grow to reach 107.74 and then form another correction towards 106.17.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is still consolidating around 0.7687. If later the instrument breaks this range to the upside, the market may continue the correction to reach 0.7734; if to the downside – continue moving inside the uptrend towards 0.7618.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has almost reached the target of the ascending structure. Possibly, today the price may fall towards 57.60 and then grow to reach 58.18. Later, the market may resume moving inside the downtrend with the target at 56.56.
XAUUSD, “Gold vs US Dollar”
Gold is still forming the divergent Triangle Pattern at the lows. Possibly, today the price may reach 1336.00 and then fall towards 1326.00. After that, the instrument may start another growth to reach 1331.00 and then continue moving inside the downtrend with the target at 1309.00.
BRENT
Brent is being corrected with the target at 66.50. Today, the price may grow towards 67.89 and then fall to reach the above-mentioned target. Later, the market may continue falling inside the downtrend to reach the short-term target at 72.22.
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.
