EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT: Tech Analysis, 22/03/2019

March 22, 2019

Article By RoboForex.com

EURUSD

The EUR/USD is trading within the first downward wave and may reach 1.1392 today, then fall till 1.1336, which is going to be its first target.

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

GBPUSD

The GBPUSD is rising to 1.3166, and then it may go down to reach 1.2954, which is going to be its first target.

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

USDCHF


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The USD is rising against the franc within the first upside movement, trying to reach 0.9953. Then, it is likely to correct to 0.9914, and then a rise to 1.0009 may follow.

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

USDJPY

The USDJPY is correcting to 111.04. Today, it may hit this target, and then fall till 110.67.

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

AUDUSD

The Aussie is correcting, in search of 0.7132; it may then fall till 0.7072.

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

USDRUB

The RUB hit the local downside target and may hit the low at 63.44, then is likely to return to 64.86, and then head down again, reaching 62.90, its intermediate target.

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

GOLD

Gold is declining, heading towards $1,301.50, which may get hit today. Then a rise to $1,310.60 may follow. After that, the downtrend may continue to $1,277.17.

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

BRENT

Brent crude is under pressure and is going down, with the target at $67.42. Then a rise to $68.05 may follow, and, finally, another fall to $66.66 is expected, i.e. a local target.

BRENT

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.