EURUSD, “Euro vs US Dollar”
After completing the descending structure towards 1.1109 and returning to 1.1133, EURUSD is moving to test the latter level from below. According to the main scenario, the price is expected to form a new descending structure to reach 1.1100 and then resume trading upwards with the target at 1.1148.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is consolidating around 1.3083. Today, the pair may fall towards 1.3041 and then start a new correction with the target at 1.3300.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has rebounded from 0.9819 downwards; right now, it is falling to reach 0.9785. After that, the instrument may resume the uptrend with the first target at 0.9833.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is still consolidating around 109.45 without any particular direction. Today, the pair may expand the range towards 109.70 and then start another decline to reach 109.13. Later, the market may form one more ascending structure with the target at 109.45.
AUDUSD, “Australian Dollar vs US Dollar”
After forming the consolidation range below 0.6857, AUDUSD has broken it downwards. Possibly, today the pair may test this level from above and then resume moving upwards with the first target at 0.6895.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 62.60 without any particular direction. 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 has failed to fix above 1.3160; right n ow, it is moving downwards. Possibly, the pair may reach 1.3087 and then form one more ascending structure with the target at 1.3130. After that, the instrument may resume falling towards 1.3073.
XAUUSD, “Gold vs US Dollar”
Gold is still consolidating around 1476.16 without any particular direction. The main scenario implies that the price may expand the range towards 1481.26 and then form a new descending structure with the target at 1469.15.
Brent is consolidating around 66.12. Possibly, today the pair may form a new ascending wave towards 67.07. After that, the instrument may start another decline to return to 66.12 and then continue the uptrend with the target at 68.50.
BTCUSD, “Bitcoin vs US Dollar”
After finishing the descending wave at 6404.00, BTCUSD has completed the ascending impulse towards 7400.00; right now, it is correcting. Possibly, the pair may form Flat pattern to reach 6800.00, at least. The first downside target is at 7033.00.
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.