Technical analysis of EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on March 2, 2016


Euro-Dollar pair keeps sliding. The wave’s goal is considered at the 1.0770 level. Alternative of a little correction up to 1.0912 is not excluded. Then – trend of declining again to test the pointed goal.


Euro-Pound pair is trading in the consolidation range. Next – sliding tо 1.3880 level. Then – turn back to the top border of consolidation again. After that, continuation of declining to test the next goal at the level 1.3760 is anticipated.


Dollar-Frank pair is trading in the growth structure to test the level at 1.0060. Then – probability of correction to 0.9960 will be considered. Next - growth to test the level at 1.0200.


Dollar-Yen pair went to the top border of consolidation. After its breakage, the growth to the level at 114.86 is supposed. Test of the level at 115.0 and 115.50 is not excluded. Actually, market tests below the continuation pattern center. Then – probability of declining to test the level 108.00 will be considered.


Australian Dollar to US Dollar pair has tested the next growth pattern. The release of price to the expansion to the level at 0.7270 is not excluded. At this point, potential of that wave is considered as settled. Then - continuation of declining to test the level at 0.7000.


РThe Russian ruble is now trading in the continued third descending wave. The goal – level 72. Next - consolidation, and if there is a breakage towards the down, we will consider the possibility of overlapping of levels 69.


Gold is trading toward the lowest boundary of the "triangle". It is regarded as unfold structure. After the breakage of the lowest boundary, there will be sliding toward the level at 1186.


Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.