Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has broken 1.2055 and is still falling towards the short-term target at 1.1974. Later, the market may form another consolidation range near the lows. If the instrument breaks this range to the upside, the market may start another correction to reach 1.2200; if to the downside – resume trading to the downside towards 1.1900.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has broken 1.3700 and is still falling towards 1.3500. Possibly, today the price may reach 1.3575 and then grow towards 1.3640. After that, the instrument may resume trading with the target at 1.3500.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF has broken 0.9922 and may continue trading to the upside to reach 0.9988. Later, the market may form another consolidation range. If the instrument breaks this range to the upside, the market may continue growing to reach 1.0100; if to the downside – start another correction towards 0.9800.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has broken 109.50 and may continue growing to reach 109.88. Later, the market may form another consolidation range. If the instrument breaks this range to the upside, the market may continue trading to the upside to reach 111.00; if to the downside – start another correction towards 108.00.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has broken 0.7535. Today, the price may continue falling to reach the short-term target at 0.7445.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating near the upside border of the range. If later the instrument breaks this range to the upside, the market may continue growing to reach 63.83; if to the downside – resume trading to the downside towards 61.55.
XAUUSD, “Gold vs US Dollar”
Gold is moving downwards. Possibly, the price may rebound from 1311.00 and then fall to reach 1297.00. After that, the instrument may form another consolidation range. If later the instrument breaks this range to the downside, the market may continue trading to the downside to reach 1275.00; if to the upside – start another correction towards 1325.00.
BRENT
Brent has rebounded from 76.00 and is back to consolidating. Possibly, today the price may fall to reach 72.78 and then grow towards 74.45. If later the instrument breaks this range to the downside, the market may start another correction to reach 70.00; if to the upside – resume growing towards 77.00.
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.
