EURUSD, “Euro vs US Dollar”
After completing the ascending structure towards 1.1170 and returning to 1.1140, EURUSD is still moving downwards to reach 1.1123. Possibly, today the pair may test 1.1140 from below and then resume falling with the target at 1.1100.
GBPUSD, “Great Britain Pound vs US Dollar”
After forming a downside continuation pattern and breaking 1.3300, GBPUSD has reached 1.3074. Today, the pair may recover by growing towards 1.3180. If later the price breaks this level to the upside, the market may continue moving upwards with the target at 1.3300.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has broken 0.9817 downwards. Possibly, today the pair may test this level from below and then form a new descending structure towards 0.9790. After that, the instrument may resume the uptrend with the first target at 0.9890.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is still consolidating around 109.45. Today, the pair may fall towards 109.13 and then start a new growth to return to 109.45.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has reached 0.6865; right now, it is consolidating around this level. If later the price breaks this range to the upside at 0.6860, the market may resume moving upwards with the target at 0.6890; if to the downside at 0.6835 – start a new decline towards 0.6810.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 62.45. Possibly, today the pair may fall towards 62.25 and then start another growth to return to 62.45. Later, the market may continue trading inside the downtrend with the target at 62.02.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is consolidating around 1.3160. Today, the pair may expand the range towards 1.3175. Later, the market may start another decline to return to 1.3160 and then form one more ascending structure with the target at 1.3199.
XAUUSD, “Gold vs US Dollar”
Gold is consolidating around 1476.16 without any particular direction. The main scenario implies that the price may expand the range towards 1481.26 and then resume moving downwards with the target at 1465.05.
Brent has completed the ascending wave at 66.30; right now, it is correcting downwards to reach 65.55. After that, the instrument may continue the uptrend towards 67.07.
BTCUSD, “Bitcoin vs US Dollar”
After finishing the descending wave at 6840.00, BTCUSD has formed another consolidation range. Possibly, the pair may break this range to the downside and continue trading inside the downtrend with the target at 6500.00. Today, the price is expected to reach the target and then resume moving upwards to test 6840.00 from below.
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.