Forex Technical Analysis & Forecast 19.03.2018 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

EURUSD, “Euro vs US Dollar”

EURUSD is still falling inside the downtrend. Possibly, today the price may reach 1.2213 and then start another correction towards 1.2313. Later, the market may continue falling with the target at 1.2190.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is moving downwards. The target is at 1.3871. After that, the instrument may grow towards 1.3932 and then resume falling inside the downtrend with the target at 1.3760.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is moving upwards. The target is at 0.9555. Later, the market may start another correction to return to 0.9480 and then resume growing with the short-term target at 0.9620.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is falling. Possibly, the price may break 105.60 downwards and then continue falling towards 105.04. After that, the instrument may resume growing to reach 106.50.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is also falling. Today, the price may reach 0.7641 and then start another growth towards 0.7777. Later, the market may resume falling to reach the short-term target at 0.7568.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has returned to 57.60. Possibly, today the price may start forming another structure inside the downtrend and fall to reach 57.04. The main target is at 54.80.

XAUUSD, “Gold vs US Dollar”

Gold is moving downwards. After breaking 1307.00, the instrument may continue falling inside the downtrend towards 1275.00. Later, the market may start another correction to return to 1307.00 to test it from below.

BRENT

Brent is moving upwards. Today, the price may consolidate around 65.98. If later the instrument breaks this range to the upside, the market may grow to reach 67.88 and even extend this structure towards 69.00.

RoboForex Analytical Department