After a couple of attempts of growth, the pair has bounced off 1.1155 downwards. At the moment we are considering trend continuation to 1.1120, upon breaking which the pair may fall to 1.1111. The goal is local.
The pair keeps developing a consolidation range around 1.2475. In practice a triangle emerges. The market is trading in the very centre of this technical figure, so the chances for growth to 1.2533 or a decline to 1.2410 are absolutely equal. If the price escaped the range downwards, it may decline further to 1.2300. If it escapes upwards, it may start rising to 1.2700.
The pair has completed an impulse of growth. At the moment the market is trading in the consolidation range around 0.9848. The min scenario is a rise to 0.9868, followed by a decline to 0.9855 and another rise to 0.9898. The goal is first.
The instrument is trading in a narrow consolidation range around 108.19. Extension of the range to 108.34 is not excluded, followed by shrinking to 107.77 and returning to 108.00. Upon escaping this range downwards, potential for a decline to 107.30 may appear. Upon escaping upwards, further correction to 108.60 is not excluded.
The pair has reached the local goal on the descending wave. At the moment the market has created a consolidation range around 0.6989. If the price escapes the range downwards, hitting 0.6947 looks possible. If it escapes upwards, a correction to 0.7000 looks probable, followed by a decline to 0.6947. The goal is local.
The pair is trading in the structure of an impulse of declining to 62.90. Upon breaking it downwards, potential for declining to 62.25 may appear. Upon breaking 63.25 upwards, a correction to 65.00 may start.
Gold is trading in the consolidation range around 1421.20. It may decline to 1412.50, then rise to 1421.20. Upon escaping the range downwards, the trend may continue to 1385.00. Upon escaping upwards, a correction to 1440.15 may begin.
Oil has completed the impulse of declining to 62.88. Today it may rise to 63.60. Upon escaping the range upwards, it may grow to 69.45. Upon escaping downwards, further correction to 61.00 is not excluded, followed by growth to 69.45. The goal is local.
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.