Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD has completed the ascending structure at 1.1480. Possibly, today the pair may resume falling with the target at 1.1430 and then form one more ascending structure towards 1.1522.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD continues forming the fifth descending wave towards 1.3036. After that, the instrument may start a new growth with the target at 1.3126.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF has broken 0.9950. Possibly, the pair may continue trading upwards with the short-term target at 0.9980. Later, the market may start a new decline to return to 0.9950 and then resume growing towards 0.9995.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has finished the ascending impulse at 109.52; right now, it is consolidating at the top. If later the instrument breaks this range to the upside, the price may extend this structure up to 109.72; if to the downside – start a new correction with the target at 109.32.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is trading downwards to reach 0.7207. After that, the instrument may form one more ascending structure towards 0.7350.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is trading upwards to reach 66.37. Later, the market may start a new decline with the short-term target at 62.90.
XAUUSD, “Gold vs US Dollar”
Gold is trading downwards. Possibly, the pair may reach 1310.39 and then start a new growth towards 1334.40.
BRENT
Brent has broken 62.62. Possibly, today the pair may form a new consolidation range above this level. If later the instrument breaks this range to the upside, the price may reach 63.95; if to the downside – form a new descending structure to reach 62.25 first and then resume growing with the target at 63.95.
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.
