EURUSD, “Euro vs US Dollar”
EURUSD has completed the ascending wave along with the correction. Possibly, today the pair may form one more ascending structure towards 1.1269 and then start a new decline to reach 1.1240. Later, the market may continue trading inside the downtrend and form the fifth wave.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has completed the correction. Today, the pair may form the first descending structure to reach 1.3015 and then resume growing towards 1.3066. After that, the instrument may start a new decline with the short-term target at 1.2970.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is trading upwards. Possibly, the pair may continue growing with the short-term target at 1.0025 and then resume falling to reach 0.9950. Later, the market may start another growth with the first target at 1.0035.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has reached the short-term downside target. Today, the pair may be corrected towards 111.30 and then form a new descending structure with the first target at 110.80.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has rebounded from the upside border of the range; right now, it is forming a new descending structure to reach 0.7055. After that, the instrument may resume growing towards 0.7100 and then start a new decline with the target at 0.6969.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is forming the third descending structure. Today, the pair may test 65.00 and then resume trading inside the downtrend with the short-term target at 64.42.
XAUUSD, “Gold vs US Dollar”
Gold has completed the third ascending structure. Possibly, today the pair may fall to reach 1294.30 and then form the fifth structure towards 1307.80. Later, the market may resume trading inside the downtrend with the short-term target at 1260.00.
Brent is being corrected towards 70.25. After that, the instrument may start a new growth to break 71.50 and then continue growing with the target at 72.80.
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.