Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD is still consolidating around 1.1000. Possibly, today the pair may expand the range towards 1.1018 and then return to 1.1000. After breaking this level to the downside, the instrument may continue trading inside the downtrend with the short-term target at 1.0984.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is consolidating around 1.2909. Today, the pair may form one more ascending structure to reach 1.2920 and then start a new decline towards 1.2889.
USDCHF, “US Dollar vs Swiss Franc”
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USDCHF is consolidating around 0.9988. Possibly, the pair may form a new descending structure towards 0.9974 and then resume growing to return to 0.9988. If later the price breaks this range to the downside, the market may continue the correction with the target at 0.9932.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is still consolidating around 109.44. Possibly, today the pair may fall to break 109.32 and then start a new correction with the short-term target at 109.05.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating above 0.6760. If the price breaks the descending channel at 0.6780, the market may start a new correction with the first target at 0.6792.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has reached its upside target; right now, it is correcting towards 63.89. After that, the instrument may form one more ascending structure to reach 64.04 and then continue trading inside the downtrend with the short-term target at 63.61.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is still consolidating above 1.3276. Possibly, today the pair may break this level to the downside and continue trading inside the downtrend with the short-term target at 1.3254.
XAUUSD, “Gold vs US Dollar”
Gold is consolidating below 1458.15. Today, the pair may choose an alternative scenario to break this level to the upside and start a new correction towards 1462.50. However, the main scenario implies that the price may continue falling with the target at 1444.00.
BRENT
Brent continues consolidating below 63.77. Today, the pair may fall to reach 63.16 and then start another growth towards 64.40. If later the price breaks this level to the upside, the market may continue trading inside the uptrend with the short-term target at 65.50.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is consolidating around 7487.00. Possibly, today the pair may continue the correction towards 7333.00 and then start a new growth to break 7645.00ю Later, the market may continue trading upwards with the short-term target at 7980.00.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
