EURUSD, “Euro vs US Dollar”
EURUSD has rebounded from 1.1106 to the downside. Possibly, the pair may break 1.1090 and then continue trading downwards to reach 1.1060. After that, the instrument may be corrected to return to 1.1090 and then resume trading inside the downtrend with the target at 1.1019.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is consolidating around 1.2128. Possibly, today the pair may break the low of this range at 1.2117. The target is at 1.2080.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has completed the ascending correction at 0.9824; right now, it is consolidating at the top of this structure. If later the price breaks this range to the upside, the instrument may resume trading upwards with the target at 0.9850; it to the downside – start a new correction to reach 0.9800.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is consolidating above 106.40. According to the main scenario, the pair is expected to continue trading inside the uptrend with the first target at 106.80. An alternative scenario implies that the price may break 106.35 and then continue the correction towards 106.20. Later, the market may form one more ascending structure to reach the above-mentioned target.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has rebounded from 0.6795 for the fourth time. Possibly, the price may form another decline towards the downside border at 0.6747 and then continue trading inside the uptrend with the target at 0.6800.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is moving downwards. Today, the pair may reach 65.50 and then grow towards 65.90. After that, the instrument may start a new decline with the first target at 65.40.
USDCAD, “US Dollar vs Canadian Dollar”
After breaking 1.3313 to the downside and reaching the target at 1.3255, USDCAD has returned to 1.3313. Possibly, today the pair may fall to reach 1.3283. After that, the instrument may return to 1.3313, break it to the upside, and then continue trading inside the uptrend with the target at 1.3333.
XAUUSD, “Gold vs US Dollar”
After making several attempts to grow, Gold has rebounded 1505.65. Possibly, today the pair may fall to reach 1483.40 and then start another growth to return to 1505.65. Later, the market may form a new descending structure with the target at 1476.57.
Brent has reached the upside target at 61.40; right now. Is forming a new correction towards 59.65. After that, the instrument may resume trading inside the uptrend with the target at 62.44.
BTCUSD, “Bitcoin vs US Dollar”
After reaching the downside target at 10140.00 and forming a downside continuation pattern, BTCUSD has broken 10000.00; right now, it is still moving downwards. Possibly, today the pair may start a new correction to return to 10140.00. Later, the market may form a new descending structure to reach 9500.00. The key target is at 9400.00.
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.