EURUSD, “Euro vs US Dollar”
EURUSD is forming another descending wave. Possibly, the price may reach 1.1066 and then grow towards 1.1090. Later, the market may start a new decline with the target at 1.1044.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is forming the first descending wave with the target at 1.2099. After that, the instrument may form one more ascending structure to reach 1.2137 and then continue trading inside the downtrend towards 1.2070.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has broken 0.9800; right now, it is consolidating above this level. According to the main scenario, the price may continue trading inside the uptrend with the target at 0.9850. After that, the instrument may start another correction to reach 0.9770.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY continues growing. Today, the pair may reach 107.07 and then start another correction towards 106.35. Later, the instrument may continue trading inside the uptrend with the target at 108.20.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is moving upwards to break 0.6808. Later, the market may continue trading inside the uptrend with the target at 0.6880.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is forming a narrow consolidation range around 66.86. Today, the pair may resume falling with the first target at 66.43.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD has finished another ascending impulse at 1.3333. Possibly, today the price may be corrected towards 1.3292 and then start a new growth to reach 1.3377.
XAUUSD, “Gold vs US Dollar”
Gold is moving downwards to reach 1483.20. After that, the instrument may resume growing towards 1505.80 and then start another decline with the first target at 1476.30.
Brent is consolidating and forming Triangle pattern at the lows. Today, the price may grow to break 60.00 and then continue trading inside the uptrend with the target at 62.44.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD has reached the upside target at 10750.00; right now, it is forming a narrow consolidation range around it. According to the main scenario, the price is expected to form a new descending structure towards with the first target at 10114.00.
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.