EURUSD, “Euro vs US Dollar”
The pair has corrected to 0.9999. Today we expect growth to 1.0113 and prospective growth to 1.0160. The goal is local. After this level is reached, a wave of decline to 0.9800 should begin.
GBPUSD, “Great Britain Pound vs US Dollar”
The currency pair has completed a wave of decline to 1.1415. At the moment, the market is forming a consolidation range around this level. Extension of the range to 1.1240 is not excluded. The a wave of growth to 1.1680 is expected to start.
USDJPY, “US Dollar vs Japanese Yen”
The currency pair has completed a wave of growth to 146.77. Today a link of correction to 145.88 might follow, and then – growth to 146.30. A consolidation range might form around these levels. With an escape downwards, a wave of decline to 144.44 might start.
USDCHF, “US Dollar vs Swiss Franc”
The currency pair continues forming a consolidation range around 0.9888. With an escape downwards, a pathway to 0.9700 will open, from where correction might continue to 0.9616. After it is over, a wave of growth to 1.0373 might start.
AUDUSD, “Australian Dollar vs US Dollar”
The currency pair has broken through 0.6470 downwards and continues developing a wave of decline to 0.6393. After the correction is over, we should expect growth to 0.6464.
Crude oil has formed a consolidation range around 96.00 and with an escape downwards, continues developing a wave of decline. At the moment, it has reached 93.00. The goal is local. A link of growth to 96.00 is not excluded (a test from below), followed by a decline to 91.41. After this wave of decline is over, a wave of growth to 97.00 should start.
XAUUSD, “Gold vs US Dollar”
Gold is developing a consolidation range around 1711.11. Today a link of decline to 1698.00 is not excluded. And with a breakaway of this level, a pathway to 1675.00 should open. In case this range is escaped upwards, the wave of growth should continue to 1730.65.
The stock index has formed a consolidation range around 3792.0, and with an escape downwards, a wave of decline to 3725.5 might begin. Then a link of growth to 3872.2 is expected, followed by a decline to 3676.6.
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.