EURUSD, “Euro vs US Dollar”
The currency pair keeps forming a consolidation range around 1.2116. Today, it might extend upwards to 1.2155. Then it the pair might decline to 1.2080. Practically, we consider a correction to 1.2080. When it is over, growth to 1.2282 might start.
GBPUSD, “Great Britain Pound vs US Dollar”
The currency pair has performed a structure of growth to 1.3408 and correction to 1.3294. Today, the market is trading in another structure of growth to 1.3430. With a breakaway of this level, a pathway to 1.3550 might open.
USDRUB, “US Dollar vs Russian Ruble”
The currency pair has escaped a consolidation range downwards. Practically, a pathway to 73.00 is open. If this level is broken, the decline might continue through 72.50 to 70.50.
USDJPY, “US Dollar vs Japanese Yen”
The currency pair keeps developing a consolidation range around 104.00. Today, we might witness a link of growth to 104.20 and a decline to 103.80. With a breakaway of the latter level downwards, a pathway to 103.30 might open. The goal is local.
USDCHF, “US Dollar vs Swiss Franc”
The currency pair is breaking through 0.8882 downwards. We expect a decline to 0.8811. When this level is reached, we expect a link of growth to 0.8952. The goal is first.
AUDUSD, “Australian Dollar vs US Dollar”
The currency pair is forming a consolidation range around 0.7420. Today, the market has extended the range to 0.7440. Today, we expect a link of decline to 0.7420 (a test from above). Then growth to 0.7458 might follow.
Oil keeps developing a consolidation range around 48.90. Extension to 49.19 is not excluded. Then a link of decline to 47.92 might develop, followed by growth to 49.90.
XAUUSD, “Gold vs US Dollar”
Gold has performed a wave of growth to 1873.20. Today, the market is correcting to 1847.60. When the correction is over, another structure of growth to 1890.50 might develop, followed by a link of correction to 1827.63.
BTCUSD, “Bitcoin vs US Dollar”
The Bitcoin has performed a wave of decline to 18,700. t the moment, it has formed a consolidation range around this level, escaped it downwards, and reached the local goal of 18,000. We expect a link of growth to 18,700 (a test from below) and a decline to 17,800.
Today, the index has reached 3713.4. We expect a link of decline to 3687.1. Then growth to 3775.3 might develop. The goal is main. When this level is reached, we expect a consolidation range to form at these highs. With an escape from it downwards, a pathway to 3600.0 will open.
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.