The pair is trading under the pressure for decline. The aim of the wave is at 1.1180. Then we may see growth to 1.1222, followed by a decline to 1.1176. The goal is first.
The pair is aiming at a breakthrough of 1.2455 top down. Upon the breakthrough, potential for decline to 1.2429 may appear. The goal is local. Then we may see growth to 1.2486, followed by a decline to 1.2414. The goal is first.
The pair is growing towards 0.9850. Then a decline to 0.9825 may follow. Upon escaping this range upwards, potential for growth to 0.9898 may appear. If the pair, conversely, escapes the range downwards, a decline to 0.9800 should not e excluded, followed by growth to 1.0000. The goal is first.
The pair has broken through the upper border of the consolidation range and suggests possible growth to 108.34, followed by a decline to 107.77. This way the market will define the frames of the consolidation range. Upon going downwards, the trend may continue to 105.81.
The pair is trading in the structure of the second impulse for decline. The goal is at 0.7011. Upon breaking through this level, potential for hitting 0.6969 may appear. The goal is local.
The instrument is trading in the consolidation range around 62.88 without any expressed trend. Today a decline to 62.26 looks possible.
Gold is trading under a pressure for decline. Hitting 1393.06 seems possible. The goal is local. A correction to 1416.68 is not excluded afterwards, followed by a decline along the trend to 1381.06. The goal is first.
Oil is trading under a pressure fro growth. The aim is at 6435. Afterwards another decline to 61.08, followed by growth to 64.35, is not excluded. Practically, the development of a wide consolidation range on the minimums is spoken of as possible. Upon going upwards, potential for growth to 69.45 may appear. The goal is first.
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.