EURUSD, “Euro vs US Dollar”
EURUSD is consolidating around 1.1335; it seems like the price is forming the Triangle pattern. Possibly, today the pair may fall to break 1.1330 and then continue trading inside the downtrend with the first target at 1.1300.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has finished two descending impulses. Today, the pair may form the third one with the target at 1.2952. After that, the pair may start a new growth to reach 1.3030 and then resume falling with the short-term target at 1.2800.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has failed to fix above 1.0022; right now, it is trading downwards. Possibly, the pair may reach 0.9980 and then start another growth towards 1.0022, thus forming a new consolidation range between these levels.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is moving downwards. Possibly, the pair may reach 110.34 and then form a new ascending structure towards 110.62. Later, the market may resume falling with the target at 110.30.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has completed the descending impulse towards 0.7067 along with the correction at 1.7160. Possibly, today the pair may form one more descending structure to reach 0.7030 and then resume trading upwards with the target at 0.7111.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating above 65.30. According to the main scenario, the pair may fall to reach the target at 64.50. An alternative scenario implies that the price may be corrected towards 66.20 first and then resume falling with the above-mentioned target.
XAUUSD, “Gold vs US Dollar”
Gold is growing towards 1333.65. Today, the pair may reach this level; and then resume falling to break 1321.00. After that, the instrument may continue moving downwards with the short-term target at 1310.85.
Brent is consolidating above 66.66. According to the main scenario, the pair may continue growing to break 67.77. The target is at 70.00. However, if the price continues falling and breaks 65.65, the instrument may start a new correction with the first target at 63.55.
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.