EURUSD, “Euro vs US Dollar”
EURUSD has completed the descending wave at 1.1009; right now, it is moving upwards. Possibly, the pair may reach 1.1035 and then start a new correction towards 1.1022. Later, the market may resume trading upwards with the target at 1.1060.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is forming another descending wave towards 1.3020. After that, the instrument may start a new correction to reach 1.3094 and then resume falling with the target at 1.2944.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is moving upwards. Possibly, today the pair may reach 0.9721 and then form a new descending structure to break 0.9690. After that, the instrument may continue trading downwards with the target at 0.9660.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is consolidating above 108.87 without any particular direction. The main scenario implies that the price may break the range to the upside and grow towards 109.57. Later, the market may resume trading inside the downtrend with the target at 107.85.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has reached the predicted target of the third descending wave at 0.6755. today, the pair may start another correction towards 0.6844 and then resume moving downwards with the target at 0.6660.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has reached the correctional target at 63.00. According to the main scenario, the price is expected to fall to break 62.48 and then continue trading downwards with the first target at 61.91.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is still consolidating below 1.3197. Possibly, today the pair may fall to break 1.3155 and then start continue trading downwards with the first target at 1.3111.
XAUUSD, “Gold vs US Dollar”
Gold is still consolidating above 1579.37. Possibly, the pair may form a new descending structure towards 1570.63 and then start another correction to test 1579.30 from below. After that, the instrument may resume trading downwards with the target at 1563.60.
After finishing the ascending impulse towards 59.50, Brent has completed the correction at 58.70. Today, the pair may form one more ascending structure with the short-term target at 60.33.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is moving upwards; it has already reached 9100.00. The main scenario implies that the pair may start a new decline towards 8600.00 and then form one more ascending structure to reach 9150.00. After that, the instrument may resume trading downwards to break 8500.00 ad then continue falling with the target at 7700.00.
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.