Technical analysis for EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD om March 3, 2016


Pair Euro-Dollar is trading in the consolidation range with minimums updated. The main scenario considers the possible sliding to the level 1.0770. Actually, market has fulfilled the calculated target of the first wave in the fifth sliding wave. The possibility of further sliding is considered as sign of the trend with expansion. Goal – breakage of level 1.1000 down. After the testing of the target, correcting "Flag" with returning to the 1.1060 is anticipated. Test from the below.


Pound to US Dollar is trading with rising. Actually, market offers to consider the possibility of correction to the level 1.4150. Test from the below. After – resuming of sliding to the level 1.3700 is expected.


Dollar-Franc is trading in consolidation range of growth wave. Upward trend and test of the level 1.0055 are considered as the main scenario. Later the one more test of the level 0.9955 from above is not excluded. Later – growth to test the level 1.0200.


Pair Dollar-Yen offers to the market to consider the possibility of continuation of the correction. Today, we consider the possibility of the test of the level 114.95. Later as the forth wave – returning to the level 113.54 (as minimum). After – we will consider the possibility of the growth in the fifth wave to test 116.00. So the correction in the form of "Flag" is expected. Later – downtrend is continuing with the next target at the level 110.30.


Pair AUS Dollar to US Dollar keeps the expansion of the growth structure. Test of the level 0.7330 is considered. Later – test from the above 0.7270. After that we will consider the possibility of the growth to the level 0.7416.


Today, Russian Rouble is trading to continue the developing of the third downward wave. Target – on the level 72. Later – consolidation. When there will be breakage down, we will consider the possibility of continuation of the third sliding wave. The next target – to intersect the level 69.


Gold keeps trading in the consolidation "Triangle". Sliding to the level 1218 is considered as the main scenario. When that level will be break to test the level 1186 is possible.


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.