EURUSD, “Euro vs US Dollar”
EURUSD is still forming the third ascending wave. Possibly, today the pair may reach 1.1288 and then start another correction towards 1.1212. Later, the market may resume growing with the target at 1.1313.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has broken 1.2991; right now, it is still moving downwards. Today, the pair may reach 1.2933 and then grow to return to 1.2991. After that, the instrument may start a new decline with the short-term target at 1.2900.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is still forming the third descending wave. Today, the pair may fall to reach 1.0033 and then start another correction towards 1.0125. After that, the instrument may form a new descending structure with the target at 1.0020.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is consolidating; it has reached 109.10 and right now is trading to return to 109.55. Possibly, today the pair may fall to reach 108.96 and then form one more ascending structure with the target at 109.60. Later, the market may resume trading inside the downtrend towards 107.50.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has reached its short-term downside target; right now, it is growing towards 0.6971. After that, the instrument may for a new descending structure with the target at 0.6925.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 65.34. Today, the pair may continue growing to reach 66.01 and then start a new decline to break 64.85. Later, the market may continue trading inside the downtrend with the short-term target at 62.77.
XAUUSD, “Gold vs US Dollar”
Gold has broken 1291.50 and reached 1302.10. Possibly, the pair may start a new correction with the first target at 1293.55.
Brent has completed another ascending impulse along with the correction at 70.30; right now, it is trading to rebound upwards. Today, the pair may grow to reach 73.25. Later, the market may be corrected towards 71.30 and then resume trading inside the uptrend with the target at 76.55.
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.