USDCHF continues to consolidate on the top of the ascending wave. I assume that it can be the part of reversal structure. As a basic scenario, I will expect ascending wave with 101.70 as a target and continuation of descending impulse with target of 99.30.
AUDUSD continues to move within descending structure. Potential of this wave can be already exhausted. For today, I expect that consolidation will be continued, but might be extended to the upside with possible further ascending wave with 0.9510 as a target.
Russian rouble is probably continuing to move in ascending structure. For today, I assume that 35.81 might be achieved. After that, I will expect that descending impulse might resumed with 34.70 as a target.
Gold continues to move within descending structure. I expect consolidation around recent levels with further breakout to the downside and achieving 1275. After that I will expect that price can retrace to 1300.RoboForex Analytical Department
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.