Analysis for June 28th, 2013
EUR/USD
Euro is still being corrected. We think, today the price may reach the target at 1.3150 and the start a new descending structure towards the level of 1.2910.
GBP/USD
Pound is moving downwards; the pair reached its third target. We think, today the price may start growing up to return to the level of 1.5435 and then form another descending structure to reach the target at 1.5130.
USD/CHF
Franc started forming a descending correction. We think, today the price may return to the level of 0.9300 and the start forming a new ascending structure to reach the target at 0.9490.
USD/JPY
The USD/JPY currency pair tested the level of 99. We think, today the price may form a descending structure to test the level of 96.55 from above and then start growing up again to reach the target at 99.15.
AUD/USD
Australian Dollar has been able to form only two correctional impulses so far. We think, today the price may form another ascending structure towards the level of 0.9400 and then start a new descending movement to reach the level of 0.8900.
GOLD
Gold continues forming a descending structure. We think, today the price may move upwards to test the level of 1237 from below and then start a new descending structure to reach the target at 1155.
RoboForex Analytical Department