The EURUSD correction reached 1.1330 today and may head down to 1.1302. A consolidation range may form, which may either send the price up to 1.1389, or push it lower to 1.1270.
The pound is consolidating near 1.3265, forming a widening triangle. The pair may sink today to 1.3140 and then rise to 1.3268. After that, it may go back to 1.2950.
The USD/CHF reached its correction target and may first rise to 0.9984 and then fall to 0.9955.
The USDJPY is correcting to 110.26 and is likely to get down to 109.55, still going back then to 110.58, and then to 109.29.
The AUDUSD correction is nearly over, and today the pair may first reach 0.7054, and then, if a breakout occurs, sink to 0.6990.
The USDRUB followed yet another descending move. Today, it may reach 64.34, which may either send the price up to 64.82, or push it down to 62.77.
The gold is near the ascending channel boundary and may first sink to 1313.83, then return to 1325.76, and then get down to 1306.00.
Brent crude has virtually reached its downmove and correction target. Today, it may go down again, to reach 64.78, i.e. a local target.
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.