Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD is consolidating close to the upside border of the range. Possibly, the pair may form another descending structure to reach 1.1625. After breaking this level, the instrument may continue falling towards 1.1527 or even 1.1425.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is forming a new descending structure. Possibly, today the pair may fall to reach 1.3157 and then resume growing towards 1.3220. Later, the market may continue trading to the downside with the target at 1.3025.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF is consolidating around 0.9930. Possibly, the pair may fall to reach 0.9898. After that, the instrument may grow to break 0.9990 and then continue trading to the upside with the target at 1.0080.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has completed the correction at 110.70. Today, the price may form another descending structure to reach 110.24 and then resume growing with the target at 110.70. Later, the market may towards 109.04.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is forming the first correctional impulse towards 0.7355. Later, the price may trading to the upside with the target at 0.7480.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 63.00. Possibly, the pair may fall to break 62.08 and then continue trading downwards with the short-term target at 60.70.
XAUUSD, “Gold vs US Dollar”
Gold is being corrected towards 1249.00. After that, the instrument may form a new ascending structure to reach 1270.00.
BRENT
Brent is consolidating around 77.70 without any particular direction. Possibly, the pair may grow to reach 80.70 and then fall to return to 78.90. Later, the market may continue trading upwards to reach 82.00.
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.