EURUSD, “Euro vs US Dollar”
After finishing the correction at 1.0940, EURUSD is consolidating near the highs. Possibly, the pair may expand the range towards 1.0943 and then form a new descending structure to reach 1.0924. Later, the market may break the range to the downside and continue trading inside the downtrend with the target at 1.0907.
GBPUSD, “Great Britain Pound vs US Dollar”
After reaching the downside target at 1.2205, GBPUSD has completed the correction towards 1.2330. Possibly, today the pair may fall to break 1.2250 and then continue trading downwards with the target at 1.2182.
USDCHF, “US Dollar vs Swiss Franc”
After reaching the upside target at 1.0000, USDCHF has completed the quick descending correction towards 0.9925; right now, it is consolidating near the lows. According to the main scenario, the price is expected to break this range to the upside and grow with the target at 0.9995.
USDJPY, “US Dollar vs Japanese Yen”
After reaching 108.40, USDJPY has formed the quick descending correction towards 107.70; right now, it is consolidating near the lows. The main scenario implies that the price may continue moving upwards. Today, the pair may reach the target at 108.25.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is moving upwards to reach 0.6727. After that, the instrument may start another decline towards 0.6699 and then form one more ascending structure with the target at 0.6755.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still correcting upwards. Possibly, the pair may reach 65.45 and then resume trading downwards with the target at 64.50.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD has completed another descending wave at 1.3200 to finish Flag correctional pattern; right now, it is consolidating around 1.3216. If later the price breaks this range to the upside at 1.3228, the instrument may start a new growth with the target at 1.3300; if to the downside at 1.3200 – continue the correction towards 1.3180 (an alternative scenario).
XAUUSD, “Gold vs US Dollar”
After reaching the downside target at 1463.55, Gold has already formed two ascending impulses. Possibly, today the pair may start another correction to each 1469.50 and then continue trading upwards with the target at 1496.00.
Brent is still moving downwards. Today, the pair may grow to reach 60.46 and then form a new descending structure towards 58.35. Later, the market may start another growth with the first target at 64.50.
BTCUSD, “Bitcoin vs US Dollar”
After expanding the range towards 8500.00, BTCUSD is falling to break 8150.00. Later, the market may continue the downtrend towards 7825.00.
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.