EURUSD, “Euro vs US Dollar”
After completing the descending wave at 1.0970 and failing to start a new growth, EURUSD has broken this level to the downside to reach 1.0909. Today, the pair may test this level once again and then resume trading upwards with the target at 1.0935.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD continues consolidating around 1.2343 without any particular direction. Possibly, today the pair may fall towards 1.2200 and then grow to return to 1.2343. If later the price breaks this range to the downside, the market may form a new descending structure towards 1.2055; if to the upside – resume trading upwards with the target at 1.2555.
USDCHF, “US Dollar vs Swiss Franc”
After finishing the descending structure at 0.9600 and rebounding from this level to the upside, USDCHF is still trading upwards to reach 0.9696. After that, the instrument may start a new correction to return to 0.9600.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is consolidating around 107.37. the main scenario implies that the price may fall towards 106.16 and then correct to return to 107.37. Later, the market may resume trading downwards with the target at 105.75.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating not far from downside border. Possibly, today the pair may break 0.6066 downwards and then continue falling with the target at 0.5918. After that, the instrument may resume growing to return to 0.6066.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is moving below 79.16. According to the main scenario, the price is expected to form a new descending structure to break 77.67 and then continue trading downwards with the short-term target at 76.30.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD continues forming the fifth descending structure with the target at 1.3822. Today, the pair may reach 1.3900 and then resume growing to reach 1.4091. Later, the market may start another decline to reach the above-mentioned target.
XAUUSD, “Gold vs US Dollar”
Gold is still forming the descending wave towards 1578.78. Possibly, the pair may break this level and then continue falling to reach 1561.45. After that, the instrument may form one more ascending structure to test 1578.78 from below and then resume trading downwards with the target at 1551.50.
After completing the descending wave at 22.00, Brent is forming one more ascending structure towards 25.33, which may be followed by a new correction to reach 23.60. Later, the market may start another growth to break 25.33 and then continue trading upwards with the short-term target at 27.20.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is still consolidating around 6100.00; it has already broken 6400.00. Possibly, the pair may form one more ascending structure towards 7000.00. After that, the instrument may correct to reach 6400.00 and then start a new growth with the target at 7600.00.
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.