EURUSD, “Euro vs US Dollar”
EURUSD is still consolidating around 1.1039. Possibly, today the pair may fall to break 1.1015 and then continue trading inside the downtrend with the predicted target at 1.0965.
GBPUSD, “Great Britain Pound vs US Dollar”
After finishing the descending impulse at 1.2315, GBPUSD has completed the correction towards 1.2365. Today, the pair may fall to break 1.2315 and then continue trading downwards with the predicted target at 1.2244.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has broken 0.9919 to the upside. Possibly, today the pair may test this level from above and then resume growing towards 0.9940. Later, the market may be corrected with the target at 0.9900.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has broken 107.20 upwards. Possibly, the pair may start a new growth towards 107.70. After that, the instrument may be corrected to return to 107.20.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has completed the descending impulse towards 0.6850. Today, the pair may start another correction to reach 0.6864, thus forming a new consolidation range at the top. If later the price breaks this range to the downside, the instrument may start a new decline with the first target at 0.6828.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is moving downwards. Possibly, today the pair may reach 65.17 and then trade upwards to break 65.65. After that, the instrument may continue growing towards 66.15.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is moving upwards to reach 1.3191. Later, the market may fall towards 1.3164 and then form one more ascending structure with the first target at 1.3237.
XAUUSD, “Gold vs US Dollar”
Gold has reached the target of the first descending wave. Today, the pair may consolidate near the lows. Possibly, the price may form a new descending structure towards 1485.88 and then start another growth with the target at 1506.30.
Brent is moving upwards; after breaking 62.62, it has almost completed the ascending structure at 65.10. Possibly, today the pair may continue trading upwards to reach 65.10 and then start another correction to return to 62.62. After that, the instrument may resume trading inside the uptrend with the first target at 67.67.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is consolidating 10335.00. Possibly, the pair may expand the range towards 10638.00. However, according to the main scenario the price is expected to resume trading inside the downtrend with the target at 9730.00.
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.