Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has returned to 1.2240 and right now is still moving downwards. Possibly, today the price may break 1.2180. The short-term target is at 1.1970.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has returned to 1.4000. Today, the price may fall to break 1.3920. The short-term target is at 1.3720.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF is still moving upwards. Possibly, the price may reach 0.9860 and then start another consolidation range. After that, the instrument may break this range to the upside and then grow to reach 0.9898.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY continues growing. Possibly, today the price may break 109.18. The target is at 109.87. Later, the market may start another consolidation range near the highs.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD continues falling with the short-term target at 0.7570. After that, the instrument may form another consolidation range near the lows. If later the instrument breaks this range to the downside, the market may continue trading to the downside to reach 0.7420; if to the upside – start another correction towards 0.7777.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still consolidating and moving towards 61.17. If later the instrument breaks this range to the downside, the market may continue trading to the downside to reach 58.15; if to the upside – start another correction towards 63.00.
XAUUSD, “Gold vs US Dollar”
Gold has returned to 1331.00 downwards. Today, the price may continue trading to the downside to reach the short-term target at 1308.00.
BRENT
Brent is forming another descending impulse towards 72.85. Later, the market may grow to reach 74.00, thus forming another consolidation range. If later the instrument breaks this range to the downside, the market may start another correction to reach 71.00; if to the upside – resume growing towards 75.90.
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.
