Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD is moving downwards with the target at 1.1282. Possibly, today the pair may reach it and then form one more ascending structure towards 1.1315. Later, the market may start another decline to break 1.1282 and then continue trading inside the downtrend with the target at 1.1250.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is forming the first descending impulse with the target at 1.2681. After that, the instrument may start a new correction towards 1.2722 and then resume falling with the target at 1.2644.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF is trading upwards. Today, the pair may reach 0.9957. Later, the market may break this level and then continue growing with the short-term target at 1.0056.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is moving upwards; right now, it is forming the third correctional wave with the target at 109/18. After that, the instrument may form a new descending structure towards 108.53 and then start another growth with the target at 109.25.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is moving downwards. Today, the pair may reach 0.6962. If later the price breaks this level, the instrument may continue trading inside the downtrend with the first target at 0.6905.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has broken 64.92 and may continue falling to reach the target of the third wave at 64.51. Later, the market may start another correction towards 64.90 and then form a new descending structure; with the first target at 64.20.
XAUUSD, “Gold vs US Dollar”
Gold is moving downwards. Possibly, the pair may break 1326.75 and then continue falling with the short-term target at 1309.00. After that, the instrument may continue growing to test 1326.70 from below and then form a new descending structure towards 1305.00.
BRENT
Brent is moving upwards with the target at 65.65. Later, the market may be corrected to reach 63.33 and then form one more ascending structure with the first target at 66.16.
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.
