EURUSD, “Euro vs US Dollar”
EURUSD is still consolidating around 1.1318 without any specific direction. Possibly, the pair may expand the range down to 1.1294 and then grow to reach 1.1352. After that, the instrument may start another decline to return to 1.1318. If later the price breaks this range to the upside, the market may form one more ascending structure towards 1.1404; if to the downside – resume falling with the target at 1.1200.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD continues consolidating around 1.3419 without any particular direction. Today, the pair may expand the range up to 1.3457 and then form a new descending structure to return to 1.3419. If later the price breaks the range to the downside, the market may resume trading downwards with the first target at 1.3315.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still consolidating below 73.52. Possibly, today the pair may resume trading downwards to break 73.20 and then continue falling towards 72.67 or even reach the target at 72.50.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has completed the ascending wave at 114.94. Possibly, the pair may correct towards 114.59. Later, the market may form one more ascending structure to reach 115.15 and then start another correction with the target at 114.14.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is consolidating around 0.9180. Today, the pair may expand the range down to 0.9145 and then resume growing towards 0.9220. After that, the instrument may break this level to the upside and form one more ascending structure with the target at 0.9260.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is still consolidating around 0.7230. Possibly, today the pair may expand the range up to 0.7257 and then resume trading downwards with the target at 0.7171.
BRENT
Brent continues growing with the first target at 80.10. After that, the instrument may start a new correction towards 74.55 and then resume growing with the short-term target at 83.24.
XAUUSD, “Gold vs US Dollar”
Gold is still consolidating above 1808.00. Possibly, the metal may resume trading upwards to reach 1816.00 and then fall to return to 1808.00. After that, the instrument may start another growth with the short-term target at 1828.00.
S&P 500
The S&P index has finished the ascending wave at 4796.3. Today, the asset may fall towards 4747.0 and then form one more ascending wave with the target at 4800.0 or even expand the range up to 4845.0. Later, the market may resume trading downwards to reach 4690.0.
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.