Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has broken 1.1675 upwards and may continue the correction to reach 1.1818. After that, the instrument may form a new ascending structure towards 1.1855.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has broken 1.3220 upwards and may continue the correction with the short-term target at 1.3333. Later, the market may trade to the downside to reach 1.3212 and then form a new ascending structure towards 1.3375.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF is still being corrected. Possibly, today the pair may fall with the short-term target at 0.9872. After that, the instrument may grow towards 0.9918 and then continue trading to the downside to reach 0.9850.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is falling towards 110.23. Later, the market may form another ascending structure with the target at 110.70 and then continue trading downwards to reach 109.58.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has broken 0.7414 upwards and may continue the correction with the short-term target at 0.7470. After that, the instrument may fall to return to 0.7414 and then resume trading to the upside to reach 0.7520.
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 consolidating near the top. According to the main scenario, the instrument may be corrected downwards to reach 1249.00 and then form a new ascending structure with the short-term target at 1267.00. Later, the market may fall towards 1258.00 and then resume growing to reach 1279.00.
BRENT
Brent is consolidating above 77.70. Today, the price may fall to reach 76.90 and then continue trading upwards with the short-term target at 80.80.
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.
