EURUSD, “Euro vs US Dollar”
EURUSD has finished another ascending wave. Today, the price may consolidate at the top. If later the instrument breaks this range to the downside, the market may start the fifth descending wave with the target at 1.2190.
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is still being corrected. Possibly, today the price may continue trading to reach 1.3687 and then grow towards 1.3870. Later, the market may resume falling with the target at 1.3480.
Предупреждение о рисках: итоги предыдущих торговых операций не гарантируют получение идентичных результатов в будущем.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is moving downwards. Possibly, the price may finish this descending wave and then start another growth to reach 0.9462. After that, the instrument may break this level and continue forming the third wave with the short-term target at 0.9600.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is moving downwards; it has expanded the current wave and reached the target. Possibly, today the price may consolidate near the lows. Later, the market may break this range to the upside and move upwards to reach the first target at 108.65.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is being corrected. Possibly, the price may reach 0.7904 and then fall towards 0.7840. After that, the instrument may form another ascending structure with the target at 0.7920 and then continue trading downwards to reach 0.7660.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is forming the first descending impulse. Today, the price may all towards 57.20 and then grow to reach 57.82. Later, the market may trade to the downside with the first target at 56.56.
XAUUSD, “Gold vs US Dollar”
Gold has reached the target of the third correctional structure. Possibly, today the price may fall towards 1339.00 and finish the correction. After that, the instrument may continue trading downwards to reach 1307.00.
Brent is still consolidating near the lows. Today, the price may move upwards to reach 64.64 and then fall towards 63.60. Later, the market may resume growing with the first target at 67.41.
RoboForex Analytical Department
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.