Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD is moving downwards. Possibly, today the pair may reach 1.1166 and then start a new correction towards 1.1190. After that, the instrument may resume trading downwards with the short-term target at 1.1144.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is still moving downwards. Today, the pair may reach 1.2027 and then start another correction towards 1.2080. Later, the market may continue trading inside the downtrend with the target at 1.1955.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF is forming the ascending impulse towards 0.9780. After that, the pair may be corrected to reach 0.9720 and then continue moving upwards with the target at 0.9873.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is moving upwards to reach 107.07. After that, the instrument may start a new correction towards 106.00 and then form one more ascending structure with the target at 107.22.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is forming the third ascending wave. Possibly, today the pair may break 0.6808 and then continue moving upwards with the target at 0.6830. After that, the instrument may return to 0.6808 to test it from above and then resume trading upwards to reach the short-term target at 0.6870.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has finished the first descending impulse at 64.90. Today, the pair may be corrected to reach 65.40 and then resume trading downwards to break 64.84. Later, the market may continue moving inside the downtrend with the short-term target at 64.28.
XAUUSD, “Gold vs US Dollar”
Gold has completed the first descending impulse at 1480.00. Today, the pair may start a new correction to reach 1509.00 and then form one more descending structure with the target at 1463.20.
BRENT
Brent has reached the predicted upside target. Possibly, today the pair may be corrected towards 60.20 and then start a new ascending wave with the target at 62.34. After that, the instrument may resume trading downwards to reach 58.50.
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.
