EURUSD, “Euro vs US Dollar”
EURUSD continues moving upwards. Possibly, today the pair may reach 1.2133 and then consolidate there. Later, the market may break the range to the downside and form a new descending structure with the target at 1.2050.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is extending the ascending wave towards 1.3820 and may later consolidate there. After that, the instrument may break the range to the downside and then resume trading downwards with the target at 1.3696.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB continues falling towards 73.63. Later, the market form one more ascending structure to reach 74.90 and then resume trading downwards with the target at 73.40.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has completed the descending wave at 104.50; right now, it is consolidating around this level. Possibly, the pair may grow to test 105.00 from below and then start a new decline towards 104.40. Later, the market may resume growing with the target at 105.90.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is still moving downwards. Today, the pair may reach 0.8906 and then consolidate there. After that, the instrument may break the range to the upside and then form one more ascending structure with the target at 0.8975.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is still consolidating around 0.7720. possibly, today the pair may expand the range up to 0.7755 and then fall to break 0.7710. After that, the instrument may continue trading downwards with the target at 0.7650.
After completing the correction at 60.00, Brent is moving upwards to reach 61.00, thus forming a new consolidation range around 60.50. If later the price breaks this range to the downside, the market may continue the correction towards 59.00; if to the upside – form one more ascending structure with the target at 62.50.
XAUUSD, “Gold vs US Dollar”
Gold is still consolidating around 1842.22. Today, the metal may break the range to the downside and resume trading downwards to break 1813.50. Later, the market may continue falling with the target at 1780.66.
The S&P index continues forming the ascending wave with the key target at 3950.2. Later, the market may consolidate around this level. After breaking the range to the downside, the instrument may form a new descending wave with the target at 3821.7.
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.