EURUSD, “Euro vs US Dollar”
The currency pair has completed a wave of decline to 1.0576. The target is local. Today a correction to 1.0620 might form. After it is over, a decline to 1.0563 should follow.
GBPUSD, “Great Britain Pound vs US Dollar”
The currency pair has completed a structure of decline to 1.1924. Today a link of correction to 1.1986 is not excluded. After the correction is over, a structure of decline might develop to 1.1910.
USDJPY, “US Dollar vs Japanese Yen”
The currency pair has completed a wave of growth to 137.07. Today it may correct to 136.33. After the correction is over, a new link of growth should develop to 137.55.
USDCHF, “US Dollar vs Swiss Franc”
The currency pair continues forming a consolidation range around 0.9418. A correction downwards out of the range to 0.9320 is not excluded. With an escape upwards, a pathway to 0.9512 should open. The target is local.
AUDUSD, “Australian Dollar vs US Dollar”
The currency pair has completed a structure of decline to 0.6706. Today the market is forming a correction to 0.6751. After it is over, a wave of decline to 0.6694 should start.
BRENT
Brent has completed a wave of growth to 84.90. Today the market is forming a consolidation range under this level. With an escape downwards, a link of correction to 83.33 is not excluded. With an escape upwards, a pathway up to 85.44 should open. The target is local.
XAUUSD, “Gold vs US Dollar”
Gold has completed a link of decline to 1804.70. Today we expect a structure of correction to 1847.77. After this level is reached, a link of decline to 1805.00 should start, from where the wave might continue to 1765.65.
S&P 500
The stock index has completed a link of decline to 3921.0. Today a correction to 3999.0 is forming. After this level is reached, a new structure of decline to 3878.0 should begin, from where the wave might continue to 3855.0.
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.