EUR USD, “Euro vs US Dollar”
The EUR/USD pair is growing towards 1.1958. Later, in our opinion, the market may fall to break 1.1909. the local target is at 1.1858.
GBP USD, “Great Britain Pound vs US Dollar”
The GBP/USD pair is still consolidating. After breaking this range to the downside, the price may fall towards 1.3222 and then resume growing with the target at 1.3444.
USD CHF, “US Dollar vs Swiss Franc”
The USD/CHF pair is falling towards 0.9686. After that, the instrument may grow to break the upside border of the range. The local target is at 0.9800.
USD JPY, “US Dollar vs Japanese Yen”
The USD/JPY pair is still consolidating. We think, today the price may reach 111.82 and then grow towards 112.11. If the instrument breaks this range to the downside, the market may continue falling with the target at 109.57.
AUD USD, “Australian Dollar vs US Dollar”
The AUD/USD pair is consolidating near its lows. Possibly, the price may form another ascending structure towards 0.8000. Later, in our opinion, the market may fall to break 0.7912. The local target is at 0.7812.
USD RUB, “US Dollar vs Russian Ruble”
The USD/RUB pair is forming the fifth descending structure to reach the target at 56.54. Possibly, today the price may be corrected towards 57.87. After that, the instrument may continue falling to reach the above-mentioned target.
XAU USD, “Gold vs US Dollar”
Gold is moving downwards. The next target is at 1284.40. Later, in our opinion, the market may be corrected towards 1320.00.
Brent has expanded its consolidation range to the upside. We think, today the price may fall towards 55.55 and then form another ascending structure to reach 57.00. After that, the instrument may start another correction with the target at 51.00.
RoboForex Analytical Department
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.