EURUSD, “Euro vs US Dollar”
EURUSD has broken its consolidation range upwards; right now, it is forming another ascending structure towards 1.1510. Possibly, today the pair may reach this level and then start a new decline with the target at 1.1455.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has expanded its consolidation range upwards. Today, the pair may form one more ascending structure to reach 1.3144 and resume falling with the target at 1.3035.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has finished the descending wave at 0.9946; right now, it is consolidating. Possibly, today the pair may form a new descending structure to reach 0.9915 and then start a new growth with the target at 0.9950.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has reached its downside target; right now, it is consolidating near the lows. Today, the pair may resume falling to reach 108.70 and then form one more ascending structure with the target at 109.06.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has broken 0.7205 upwards and may continue growing with the short-term target at 0.7281. After that, the instrument may resume falling to return to 0.7205 and then form one more ascending structure towards 0.7350.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is trading downwards to reach the target at 65.45. Today, the pair may grow towards 66.40 and then resume falling to reach the above-mentioned target. Later, the market may form one more ascending structure towards 66.50.
XAUUSD, “Gold vs US Dollar”
Gold has completed another ascending structure. Possibly, today the pair may start a new consolidation range near the highs. If later the instrument breaks this range to the downside, the price may be corrected down to 1306.00; if to the upside – start a new growth towards 1331.80.
Brent has returned to 61.75 and rebounded upwards; right now, it is growing towards 62.62. If later the instrument breaks this level to the upside, the price may continue trading inside the uptrend with the target at 63.95.
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.