Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has reached the downside target. Today, the pair may grow towards 1.1038 and then resume falling to reach 1.1027. After that, the instrument may start a new growth with the first target at 1.1058.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has completed the ascending impulse; right no, it is correcting to reach 1.2781. Later, the market may resume trading upwards with the first target at 1.2820.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF is trading downwards to reach 0.9933. After that, the instrument may start another growth towards 0.9955 and the form a new descending structure with the first target at 0.9888.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has finished another descending impulse along with the correction; right now, it is forming the second impulse to reach 108.68. Alter, the market may form one more ascending structure towards 109.06 and then trade downwards with the first target at 108.64.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is forming another correctional wave with the short-term target at 0.6846. After that, the instrument may start a new growth towards 0.6888 and then resume trading downwards to reach 0.6840.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 63.75. Possibly, today the pair may form one more ascending structure to reach 64.04 and then fall towards 63.81. Later, the market may resume trading upwards with the target at 64.31.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD has completed the ascending wave at 1.3233; right now, it is consolidating near the highs. Possibly, the pair may expand the range towards 1.3238 and then continue trading downwards with the target at 1.3170, at least.
XAUUSD, “Gold vs US Dollar”
Gold is moving downwards to reach 1454.08. Later, the market may start a new correction towards 1474.44 and then continue falling with the target at 1447.00.
BRENT
Brent is moving downwards. Possibly, today the pair may form the fifth wave of Flag pattern; the target is at 60.60. After that, the instrument may resume trading upwards with the first target at 62.10.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is growing towards 9275.00. Later, the market may form a new descending structure to reach 8050.00, thus completing the correction. After that, the instrument may start a new growth towards 9300.00.
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.
