The EURUSD is consolidating, the price currently trading near the upper boundary. Today, the pair may go down to reach 1.1294; then, it is likely to rise to 1.1320, and then again fall to 1.1250, i.e. a local target.
The GBPUSD is consolidating around 1.3265; currently, the price is being pushed upwards, which may send the pair to 1.3341. The major scenario is, however, a fall to 1.3155, which is going to be the first target.
The USDCHF is consolidating, currently trading near the lower boundary. Today, it may correct to the upper one ans reach 1.0050, and then, after breaking it out, may go further up to 1.0160, which is going to be the first target.
The USD/JPY is trading within the second downward wave, with the correction target at 111.65. After that the pair is likely to get down to 111.24, which is going to be the first target.
The Aussie has reached the correction target at 0.7104 and almost formed a triangle. Once the price breaks it out bottom up, the price may form a new downward pattern headed to 0.6975, i.e. a local target.
The USD RUB completed yet another downward pattern reaching 65.13; this is just a half of the total falling potential, though. Today, the pair may start consolidating, and then continue falling to 63.65.
The gold left the correction channel and is falling today, perhaps trying to reach $1,292.63, and then, once a breakout occurs, to hit $1,279.96, i.e. a local target.
The Brent crude bounced off $66.05 and is headed towards $68.40, which may get hit today. After that the crude is likely to get down to $66.66.
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.