EURUSD, “Euro vs US Dollar”
After finishing the ascending structure at 1.1146 and almost completing the third ascending wave, EURUSD is trading downwards. Possibly, the pair may start a new correction towards 1.0980, at least. Later, the market may form one more ascending structure with the target at 1.1236.
GBPUSD, “Great Britain Pound vs US Dollar”
After completing the ascending structure at 1.2470, GBPUSD is moving downwards. Today, the pair may correct towards 1.2185 and then form one more ascending structure with the target at 1.2650.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has finished the descending wave at 0.9500; right now, it is growing to reach 0.9656, at least. Later, the market may resume trading downwards with the target at 0.9470.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is still falling towards 106.80. Possibly, today the pair may reach this level and then start another correction towards 109.04. After that, the instrument may resume trading inside the downtrend with the target at 106.77.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has reached its upside target at 0.6138; right now, it is forming a narrow consolidation range at the top of this wave. Possibly, the pair may grow towards 0.6220 and then resume trading downwards to reach 0.5822.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still consolidating around 78.00; right now, it is growing towards 79.75. Possibly, the pair may reach this level and then resume trading downwards to break 77.10. Later, the market may continue falling with the target at 75.20.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD continues falling. Today, the pair may correct to reach 1.4140. Later, the market may form a new descending structure with the target at 1.3755.
XAUUSD, “Gold vs US Dollar”
Gold is falling towards 1597.50. Possibly, the pair may reach this level and then start another growth towards 1612.50. After that, the instrument may form a new descending structure with the first target at 1590.50.
Brent is falling. Possibly, today the pair may reach 23.55 and then form one more ascending structure towards 25.25. Later, the market may fall to reach 23.23 and then resume trading upwards with the target at 25.95.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD has broken 6150.00 to the downside. The main scenario implies that the instrument may correct towards 5300.00 and then start a new growth with the target at 7500.00.
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.