EURUSD, “Euro vs US Dollar”
EURUSD is still consolidating around 1.1360. Today, the pair may continue forming the descending wave with the target at 1.1331. After that, the instrument may form a new consolidation range. Later, the market may break it to the downside and then resume trading downwards with the target at 1.1272.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD continue trading downwards to reach 1.2647. Possibly, today the pair may reach this level and then start a new correction with the target at 1.2724.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is being corrected towards 0.9750. After that, the instrument may form one more ascending structure with the first target at 0.9832 and start a new correction towards 0.9750.
USDJPY, “US Dollar vs Japanese Yen”
After forming the consolidation range around 107.80, USDJPY has broken it downwards. Possibly, the pair may continue trading downwards to reach 107.42. Later, the market may form one more ascending structure with the target at 108.18.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD continues trading upwards. Possibly, today the pair may reach 0.7020 and then start another with the first target at 0.6926.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still consolidating around 62.95. If later the price breaks this range to the upside, the instrument may resume trading upwards with the first target at 63.43.
XAUUSD, “Gold vs US Dollar”
Gold is consolidating around 1407.33 and forming Divergent Triangle pattern; the price has reached its upside border. Today, the pair may form a new descending structure with the first target at 1395.78.
Brent is still consolidating around 65.65 without any particular direction. If later the price breaks the range to the upside, the instrument may continue trading inside the uptrend to reach 67.67; if to the downside – start a new correction with the target at 64.00.
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.