EURUSD, “Euro vs US Dollar”
The currency pair continues developing a consolidation range around 1.0890. Today the market has extended it to 1.0924. A link of decline to 1.0890 is expected. Then growth to 1.0946 might follow.
GBPUSD, “Great Britain Pound vs US Dollar”
The currency pair has completed a new link of growth to 1.2417. Today the market may demonstrate a decline to 1.2343. Practically, the market is forming a consolidation range around this level. With an escape upwards, a structure of growth to 1.2433 might form, from where the wave might develop to 1.2455. With an escape downwards, a wave of decline to 1.2085 might develop.
USDJPY, “US Dollar vs Japanese Yen”
The currency pair continues developing a consolidation range around 130.00. Today a decline to 128.72 is expected, from where a wave of growth to 131.35 might form. Then a decline to 125.35 should follow.
USDCHF, “US Dollar vs Swiss Franc”
The currency pair is forming a link of decline to 0.9161. Then growth to 0.9203 and a decline to 0.9127 should be expected.
AUDUSD, “Australian Dollar vs US Dollar”
The currency pair continues developing a wave of growth to 0.7123. After this level is reached, a wave of decline to 0.6999 should start.
Brent has completed a correctional wave to 85.50. Today the instrument may grow to 88.98, from where the wave might continue to 93.00. Then a correction to 88.98 should follow.
XAUUSD, “Gold vs US Dollar”
Gold has corrected to 1919.90 and has formed a link of growth to 1948.78. Today the market might develop a structure of decline to 1939.00. Practically, the market is forming a consolidation rage around this level. With an escape upwards, the pair may grow to 1958.50. With an escape downwards, a wave of decline to 1888.88 might form.
The stock index has formed a link of correction to 3950.00. Today the pair may grow to 4050.5. After this level is reached, a new wave of decline to 3888.0 should develop. 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.