Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has almost reached the short-term downside target. Possibly, today the pair may be corrected towards 1.1624 and then fall to reach 1.1510. After that, the instrument may start another correction with the target at 1.1624.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has almost completed the correction. Today, the price may grow towards 1.2919 and then start another decline with the target at 1.2791.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF has reached the short-term upside target. Right now, it is being corrected towards 0.9724 or even 0.9700. After that, the instrument may continue trading upwards with the target at 0.9797.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is still being corrected upwards; it has finished the third structure. Possibly, today the pair may form the fourth one to reach 111.20. Later, the market may resume growing with the target at 111.73.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has reached the short-term downside target. Today, the price may form a new ascending structure towards 0.7266 and then resume falling to reach 0.7133.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is trading to rebound from 68.37 downwards. Possibly, the pair may reach 67.37, break it, and then continue falling inside the downtrend with the target at 66.36.
XAUUSD, “Gold vs US Dollar”
Gold has reached the predicted downside target. Possibly, today the pair may form a new ascending structure towards 1200.10. Later, the market may resume trading to the downside to reach 1186.22.
BRENT
Brent has finished another ascending structure; right now, it is moving downwards with the target at 77.45. Later, the market may grow to reach 78.59, thus forming another consolidation range. If later the instrument breaks this range to the upside, the price may resume growing towards 80.50; if to the downside – continue the correction with the target at 76.20.
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.
