Forex Technical Analysis & Forecast 11.04.2018 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

April 11, 2018

Article By RoboForex.com

EURUSD, “Euro vs US Dollar”

EURUSD is moving upwards. Possibly, today the price may reach 1.2390 and then fall towards 1.2300. Later, the market may form another consolidation range between these two levels.


 

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is also moving upwards. Possibly, the price may form another ascending structure towards 1.4229 and then fall to reach the target is at 1.4100.


 

USDCHF, “US Dollar vs Swiss Franc”


Free Reports:

Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter





Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.





USDCHF is trading around 0.9582. Today, the price may fall to reach 0.9522 and then grow towards 0.9622.


 

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has completed another ascending impulse and right now is being corrected. Possibly, the price may reach 106.87. After that, the instrument may start another growth with the first target at 107.74.


 

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is extending the ascending structure. Possibly, the price may test 0.7777 from below and then resume falling to reach 0.7567.


 

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has finished the descending impulse towards 62.00 along with the correction. After breaking the low, the market may fall to reach 61.00 and then start another growth with the target at 66.33.


 

XAUUSD, “Gold vs US Dollar”

Gold continues moving upwards. Possibly, the price may to reach 1344.00. After that, the instrument may start another correction with the target at 1338.00.


 

BRENT

Brent is trading upwards. Today, the price may reach the short-term target at 72.22. Later, the market may be corrected towards 68.00 and then form another ascending structure to reach 74.00.


 

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.

InvestMacro

InvestMacro is a finance website dedicated to helping investors make better informed decisions through educational content and products