Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has finished the descending impulse. Possibly, today the pair may grow to reach 1.1711 and then trade downwards with the target at 1.1647. After that, the instrument may resume growing towards 1.1680 and then fall to reach 1.1614.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is moving downwards. Today, the price may fall to break 1.3076 and then continue trading to the downside to reach the short-term target at 1.2982.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF has competed the ascending impulse. Possibly, today the pair may start another correction towards 0.9900 and then form a new ascending structure with the short-term target at 0.9955.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has almost finished the ascending correctional structure. Today, the price may fall to reach 111.44 and then form a new ascending structure towards 112.30. Later, the market may continue falling with the first target at 110.10.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is moving downwards. Possibly, the pair may reach 0.7366. After that, the instrument may break this level and then form another descending structure towards the short-term target at 0.7290.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 62.37. If later the instrument breaks this range to the upside, the price may start another correction towards 63.06; if to the downside – continue falling to reach 61.61.
XAUUSD, “Gold vs US Dollar”
Gold is consolidating near the lows. Possibly, the pair may continue falling towards 1207.00. Later, the market may return to 1221.00 and then resume trading to the downside with the target at 1205.00.
BRENT
Brent is falling with the target at 73.15. Possibly, today the pair may grow to reach 74.44. After that, the instrument may form another descending structure towards 73.15 and then start a new growth with the target at 76.00.
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.