EURUSD, “Euro vs US Dollar”
After breaking 1.2207, EURUSD is expected to continue growing towards 1.2240. After that, the instrument may correct to return to 1.2207 and then start another growth with the target at 1.2275.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is still consolidating below 1.3614. Possibly, the pair may expand the range up to 1.3671 and then down to 1.3464 to test it from above. Later, the market may form one more ascending structure with the target at 1.3781.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still falling towards the first target at 73.70. After that, the instrument may start another correction to reach 74.84 and then resume trading downwards with the short-term target at 72.22.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is falling towards 103.22. Possibly, the pair may break this level to the downside and then continue trading downwards with the short-term target at 102.70.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is still consolidating above 0.8898. Today, the pair may grow to reach 0.8925 and then start another correction with the target at 0.8880.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is still growing towards 0.7622. Later, the market may correct to reach 0.7568 and then resume trading upwards with the target at 0.7674.
Brent is still forming a consolidation range around 51.36. Possibly, the asset may expand the range up to 52.30 and then fall to test 51.36 from above. After that, the instrument may resume trading upwards with the target at 53.50. However, if the price breaks 50.80 to the downside, the market may correct towards 50.10 and then form one more ascending structure to reach the above-mentioned target.
XAUUSD, “Gold vs US Dollar”
After breaking 1883.83 to the upside, Gold is expected to continue the correction towards 1907.00; by now, it has already reached the short-term target at 1900.10. Possibly, today the metal may correct towards 1879.70 and then resume trading upwards to reach 1907.00.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD continues trading upwards. After breaking 24700.00, the instrument has reached the short-term target at 27400.00; right now, it is consolidating around the latter level. Possibly, the asset may break the range to the downside and then resume trading downwards to reach 23000.00. Later, the market may form one more ascending structure with the target at 28500.00.
After breaking the consolidation range to the upside, the S&P index is expected to grow and reach 3735.3. Later, the market may start a new decline with the first target at 3671.0.
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.