Technical Analysis 17.07.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

July 17, 2019

Article By RoboForex.com

EURUSD

The pair is trading under pressure for decline. Today it might hit 1.1180, then make a correction to 1.1295.


GBPUSD

The instrument has reached the goal of the decline. Currently, a consolidation area may form on the minimums. In case the price goes up, it might make a correction to 1.2500. The goal is first.


USDCHF


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The instrument is growing towards 0.9900. However, at the moment a decline to 0.9870 should not excluded, followed b growth towards 0.9900. After that a correction to 0.9860 may be expected.


USDJPY

The pair has broken through 108.12, hitting the local goal of growth. A decline to 108.12 and testing top down may be expected, followed by growth to 108.44.


AUDUSD

The instrument has completed the first declining impulse. Currently, there is a possibility of growth towards 0.7024, testing the level from below. A drop below 0.7000 may follow. The aim is local, estimated at 0.6990.


USDRUB

The instrument is trading in the consolidation area around 62.91. Today a decline below 62.22 seems possible. The goal is local.


GOLD

Gold keeps developing the consolidation area around 1408.20. If the price goes up, it may it 1430.00; on the other hand, a decline to 1393.00 should not be excluded, followed by growth to 1430.00.


BRENT

Oil is still correcting, trading to 64.00. At te moment it has hit the local goal at 64.20. Currently, technical growth towards 65.85 is not impossible, followed by a decline to 64.00 and subsequent gowth to 70.00.

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.

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