EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT: Tech Analysis, 18/3/2019

March 18, 2019

Article By RoboForex.com

EURUSD

The EURUSD is consolidating, the price currently trading near the upper boundary. Today, the pair may go down to reach 1.1294; then, it is likely to rise to 1.1320, and then again fall to 1.1250, i.e. a local target.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD

The GBPUSD is consolidating around 1.3265; currently, the price is being pushed upwards, which may send the pair to 1.3341. The major scenario is, however, a fall to 1.3155, which is going to be the first target.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF

The USDCHF is consolidating, currently trading near the lower boundary. Today, it may correct to the upper one ans reach 1.0050, and then, after breaking it out, may go further up to 1.0160, which is going to be the first target.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY

The USD/JPY is trading within the second downward wave, with the correction target at 111.65. After that the pair is likely to get down to 111.24, which is going to be the first target.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD

The Aussie has reached the correction target at 0.7104 and almost formed a triangle. Once the price breaks it out bottom up, the price may form a new downward pattern headed to 0.6975, i.e. a local target.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDRUB

The USD RUB completed yet another downward pattern reaching 65.13; this is just a half of the total falling potential, though. Today, the pair may start consolidating, and then continue falling to 63.65.

USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GOLD

The gold left the correction channel and is falling today, perhaps trying to reach $1,292.63, and then, once a breakout occurs, to hit $1,279.96, i.e. a local target.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

The Brent crude bounced off $66.05 and is headed towards $68.40, which may get hit today. After that the crude is likely to get down to $66.66.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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.