Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD is still growing. Possibly, today the price may reach 1.1680 and then fall towards 1.1590, thus forming a new consolidation range. If later the pair breaks this range to the upside, the market may continue the correction to reach 1.1744; if to the downside – resume trading downwards with the target at 1.1425.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is falling towards 1.3200 and forming a new consolidation range. If later the pair breaks this range to the upside, the market may continue the correction to reach 1.3433; if to the downside – resume falling with the target at 1.3080.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF is still being corrected. Possibly, today the price may reach 0.9850 and then grow towards 0.9916. After that, the instrument may form another descending structure with the target at 0.9842 and then continue trading upwards to reach 1.0020.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is falling again; it has reached 109.44. Today, the price may consolidate around this level. Later, the market may break the range downwards and continue trading downwards with the target at 108.65.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is being corrected towards 0.7470. After that, the instrument may fall to reach 0.7335 and then form another ascending structure to return to 0.7470. Later, the market may continue trading downwards with the main target of еры descending wave at 0.7286.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still falling with the target at 62.56. After that, the instrument may form another ascending structure to reach 63.40. Later, the market may resume trading downwards to break 62.00 and then continue falling with the target at 59.90.
XAUUSD, “Gold vs US Dollar”
Gold is moving downwards. Today, the price may fall to break 1260.00 and then continue trading downwards to reach 1240.00. After that, the instrument may start another correction with the target at 1304.00.
BRENT
Brent is still consolidating around 74.66. Possibly, the pair may grow towards 75.85 and then fall to return to 74.66, thus forming a new consolidation range. If later the pair breaks this range to the upside, the market may continue growing to reach 77.00; if to the downside – trade downwards with the target at 71.80.
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.