Article By RoboForex.com
EURUSD
EUR/USD pair was not able to reach and manage to stay above 1.1700 and continue to head upwards. The market has broken out 1.1660 downwards and is on downmove. Today, 1.1560 may be reached, and then a rise to 1.1650 is possible. After this, the pair is likely to head down, reaching 1.1550.
GBPUSD
GBP/USD is on the first downward move. The target is at 1.3055, later a rise to 1.3120 is expected. After that, it may continue to head down to 1.2888.
USDCHF
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The USDCFH is still consolidating around 0.9928. In case a breakout downwards occurs at 0.9910, the price is likely to go down to 0.9870. If the price goes up, the growth to 0.9999 may follow.
USDJPY
The USDJPY is consolidating around 111.15. In case of a rise the price may reach 111.73. If the price goes down, the trend may continue, with the price going to 110.10.
AUDUSD
The AUD/USD pair has finished its first down move. Today the rise to 0.7415 is possible, but later it is likely to fall to 0.7285. This is a strategic target.
USDRUB
USD/RUB price is falling to 62.49. After that, it may rise to 63.10, but later it is likely to fall to 61.61. With the further breakout, the price may head lower to 60.16. This is a local target.
GOLD
Gold has completed its first down move.Today, the yellow metal may rise and reach 1,228, but later it is likely to fall to 1206. After that, it may fall to 1240.
BRENT
Brent crude is under pressure and is going up. Today, 75.15 may be reached, but later it is likely to fall to 73.15. After that, the pair is likely to rise, reaching 74.20, after which the consolidation range may be expected. If the price goes up, the trend towards 82 may follow. If the price goes down, the correction towards 70.50 may follow.
Article By RoboForex.com
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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.