EURUSD, “Euro vs US Dollar”
EURUSD is still consolidating around 1.1281. Possibly, today the pair may fall with the short-term target at 1.1242 and then start another growth towards 1.1313.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is consolidating around 1.2586 without any particular direction. Today, the pair may fall to break 1.2555 and continue trading downwards with the target at 1.2525.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is still consolidating above 0.9842. If later the price breaks 0.9875 to the upside, the instrument may resume trading inside the uptrend towards 0.9905; if to the downside – continue the correction to reach 0.9800 and then form one more ascending structure with the short-term target at 0.9950.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is trading upwards. Possibly, the pair may break 107.87 and then grow with the short-term target at 108.17. After that, the instrument may form a new descending structure towards 107.87 and then form continue trading upwards to reach 108.85.
AUDUSD, “Australian Dollar vs US Dollar”
After forming the consolidation range around 0.7027, AUDUSD may break it. If later the price breaks the range to the downside, the instrument may start a new decline towards 0.7007; if to the upside – grow to break 0.7040 and then continue trading upwards with the target at 0.7077.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still consolidating around 63.40. Possibly, the pair may break it to the upside and continue forming the third rising wave with the short-term target at 64.10. After that, the instrument may start another decline towards 63.60 and then continue trading upwards to reach 64.40.
XAUUSD, “Gold vs US Dollar”
Gold has returned to 1420.00; right now, it is trading downwards. Possibly, today the pair may form the fifth descending structure with the first target at 1401.70. Later, the market may start a new correction to return to 1420.00.
Brent is consolidating around 63.43. Today, the pair may trade upwards to reach 64.86. After that, the instrument may fall towards 62.00 and then form one more ascending structure with the first target at 67.00.
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.