EURUSD, “Euro vs US Dollar”
After completing the descending structure at 1.1218 along with the correction towards 1.1251, EURUSD is expected to fall and break 1.1210 and then continue trading downwards to reach 1.1180. Later, the market may return to 1.1218 to test it from below and then form a new descending structure with the target at 1.1150.
GBPUSD, “Great Britain Pound vs US Dollar”
After reaching another downside target at 1.2270, GBPUSD has completed the correction towards 1.2319; right now, it is falling to reach 1.2213. After that, the instrument may start another correction with the target at 1.2320.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has finished the ascending structure at 70.35. Possibly, today the pair may correct towards 69.69 and then resume trading upwards to reach 70.84. After that, the instrument may start another correction with the target at 69.70.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is growing towards 108.00. Later, the market may correct to reach 107.51 and then continue trading upwards with the short-term target at 108.20.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is growing towards 0.9537. After that, the instrument may correct to reach 0.9490 and then resume trading upwards with the target at 0.9577 or even 0.9660.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is still consolidating around 0.6860. Today, the pair may break the range to the downside and then continue trading downwards with the first target at 0.6780.
After completing the correction at 41.90, Brent is expected to fall towards 40.70, thus forming a new consolidation range. If later the price breaks this range to the upside, the market may resume trading upwards with the target at 45.20; if to the downside – start a new correction to reach 37.57.
XAUUSD, “Gold vs US Dollar”
Gold is still consolidating around 1770.00. If later the price breaks this range to the upside, the market may form one more ascending structure with the target at 1790.00; if to the downside – start another correction to reach 1755.00..
BTCUSD, “Bitcoin vs US Dollar”
After completing the correction at 9200.00, BTCUSD is expected to fall to break 9000.00. Later, the market may continue trading downwards to with the target at 8700.00. And that’s just a half of another descending wave.
The Index is consolidating around 3050.5. Possibly, today the asset may fall to break 3000.0 and then continue trading inside the downtrend with the short-term target at 2900.0.
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.