EURUSD, “Euro vs US Dollar”
EURUSD has completed the ascending impulse towards 1.1042; right now, it is correcting with the target at 1.1025. After that, the instrument may form the second ascending impulse to reach 1.1066 and then start another correction towards 1.1047.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has completed the ascending impulse at 1.2898; right now, it is correcting to reach 1.2826. Later, the market may resume trading upwards with the target at 1.2970.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has finished the descending impulse at 0.9928; right now, it is consolidating near the lows. If later the price breaks this range to the upside, the instrument may start a new correction to reach 0.9960; if to the downside – resume trading downwards with the target at 0.9893.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY continues forming the first descending wave. Possibly, today the pair may reach 108.68. Alter, the market may form one more ascending structure towards 109.06 and then trade downwards with the first target at 108.64.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating near the lows. Today, the pair may form one more ascending structure towards 0.6886 and then resume trading downwards to reach 0.6800.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 63.75 without any particular direction. Possibly, today the pair may grow to reach 64.04 and then form a new descending structure towards 63.81. Later, the market may resume trading upwards with the target at 64.31.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is still consolidating at the top. According to the main scenario, the price is expected to start a new correction with the first target at 1.3172.
XAUUSD, “Gold vs US Dollar”
Gold has expanded the range towards 1448.25; right now, it is moving upwards to reach 1463.80. Later, the market may form a new descending structure with the target at 1443.00.
Brent is consolidating. Possibly, the pair may fall to break the downside border at 61.80 and then continue forming the fifth descending wave with the target at 60.60. However, if the range is broken to the upside at 63.03, the instrument may resume trading upwards to reach 64.40.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is consolidating around 8835.00. Possibly, the pair may expand the range towards 8545.00. Later, the market may start a new growth to reach 9300.00 and then resume trading downwards with the target at 8050.00.
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.