Analysis for November 24th, 2016
EUR USD, “Euro vs US Dollar”
The EUR/USD pair hasn’t been able to form another ascending impulse. The instrument has broken 1.0600 and right now consolidating around 1.0550. This structure may be considered as a downside continuation pattern. The next target is at 1.0444.
![](https://www.roboforex.ru/files/Sayadov/2016/november/24/EUR_USD_24.11.2016.png)
GBP USD, “Great Britain Pound vs US Dollar”
The GBP/USD pair has formed another ascending impulse, which may be considered as a correction. We think, today the price may fall to reach 1.2345. After breaking it to the downside, the instrument may form the third descending wave towards 1.2222.
![](https://www.roboforex.ru/files/Sayadov/2016/november/24/GBP_USD_24.11.2016.png)
USD CHF, “US Dollar vs Swiss Franc”
The USD/CHF pair is still growing. Possibly, the market may form the ascending wave with the target at 1.0300.
![](https://www.roboforex.ru/files/Sayadov/2016/november/24/USDC_HF_24.11.2016.png)
USD JPY, “US Dollar vs Japanese Yen”
The USD/JPY pair has broken the consolidation range to the upside and right now is still growing towards 114.20. Later, in our opinion, the market may return to 112.50.
![](https://www.roboforex.ru/files/Sayadov/2016/november/24/USD_JPY_24.11.2016.png)
AUD USD, “Australian Dollar vs US Dollar”
The AUD/USD pair has completed the descending structure towards 0.7375. Taking into account that the USD continues strengthening, the pair may fall to reach 0.7314. Later, the price may reach 0.7160.
![](https://www.roboforex.ru/files/Sayadov/2016/november/24/AUD_USD_24.11.2016.png)
USD RUB, “US Dollar vs Russian Ruble”
The USD/RUB pair is trying to form the five-wave structure with the target at 65.00. After that, the instrument may continue falling to reach 63.63.
![](https://www.roboforex.ru/files/Sayadov/2016/november/24/USD_RUB_24.11.2016.png)
XAU USD, “Gold vs US Dollar”; BRENT
Gold and Brent aren’t trading today due to Thanksgiving Day in the USA.
RoboForex Analytical Department