EURUSD, “Euro vs US Dollar”
After completing the structure at 1.1192, which may be considered as the third wave, EURUSD has broken its channel to the upside. Possibly, today the pair may correct towards 1.1250 and then may form a new descending structure with the first target at 1.1155.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is consolidating around 1.2424. Possibly, the pair may start another growth towards 1.2455 and then resume falling with the target at 1.2370.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is moving downwards to reach 68.80. After that, the instrument may form one more ascending structure towards 69.25 and then start a new decline with the target at 68.08.
USDJPY, “US Dollar vs Japanese Yen”
After finishing the ascending wave at 107.44, USDJPY is correcting towards 107.00. Later, the market may resume trading upwards with the target at 107.82.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is consolidating around 0.9474. Today, the pair may grow to reach 0.9517. Later, the market may correct to return to 0.9474 and then trading upwards with the target at 0.9555.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is correcting towards 0.6904. After that, the instrument may start a new decline to reach 0.6832 and then resume trading upwards with the target at 0.6905.
Brent continues forming the ascending wave towards 42.32. After that, the instrument may fall to reach 40.30, thus forming a new consolidation range between these two levels. If later the price breaks this range to the upside, the market may resume growing towards 45.00; if to the downside – continue the descending correction with the target at 38.05.
XAUUSD, “Gold vs US Dollar”
Gold is forming a narrow consolidation range around 1764.00. Possibly, the pair may fall towards 1748.00 and then form one more ascending structure with the target at 1800.00.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is consolidating around 9255.00. Today, the pair may fall towards 8800.00 and then start another growth to reach 9250.00. Later, the market may resume trading downwards with the target at 8000.00.
The Index is back to consolidating around 3110.8. Possibly, the pair may test this level from below and then resume trading downwards with the target at 3001.5. After that, the instrument may form one more ascending structure towards 3085.5.
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.