Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
After breaking 1.0926 upwards, EURUSD has completed the ascending correction at 1.0955. According to the main scenario, today the price is expected to continue falling towards 1.0916. Later, the market may start another growth to reach 1.0930 and then resume trading downwards with the target at 1.0905. if the pair reaches 1.0950 and breaks it, the instrument may continue the correction towards 1.0966 (an alternative scenario).
GBPUSD, “Great Britain Pound vs US Dollar”
After rebounding from 1.2320 downwards, GBPUSD is falling to reach 1.2261. After that, the instrument may start a new correction towards 1.2320 and then resume trading downwards with the target at 1.2242.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF is consolidating around 0.9955; right now, it is forming one more ascending structure to reach this level. Possibly, the pair may start a new decline towards 0.9898 to continue the correction (an alternative scenario). According to the main scenario, the price is expected to continue trading inside the uptrend with the target at 0.9966.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has returned to 107.82. Possibly, today the pair may grow to break 108.02 and then continue trading upwards to reach 108.23. After that, the instrument may start a new correction with the target at 107.80.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating above 0.6747. Possibly, the pair may break this level to the downside and then continue falling to reach 0.6737 at least. Later, the market may form one more ascending structure with the target at 0.6777.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB continues consolidating above 64.05. Possibly, the pair may grow to reach 64.55 and then start another decline to break 63.88. Later, the market may continue trading inside the downtrend with the target at 63.30.
USDCAD, “US Dollar vs Canadian Dollar”
After completing the descending wave at 1.32220, USDCAD has formed another ascending impulse towards 1.3260; right now, it is correcting towards 1.3228. After that, the instrument may grow to break 1.3249 and then continue trading upwards with the first target at 1.3267.
XAUUSD, “Gold vs US Dollar”
Gold is falling with the target at 1484.55. After that, the instrument may start a new growth with the target at 1493.77 and then continue trading downwards to reach 1472.00.
BRENT
Brent has completed the ascending impulse at 62.66 along with the correction towards 61.30; right now, it is moving towards 64.55. Later, the market may form a new descending structure to reach 62.60 and then continue trading upwards with the first target at 67.77.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD continues falling towards 7790.00. Today, the pair may reach this level and then start a new growth to reach 8046.00. After that, the instrument may fall to reach 7510.00 or even continue the downtrend towards 7373.00.
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.
