EURUSD has attained the predicted target and returned to 1.1300. Possibly, now the set may break the ascending channel. The first downside target is always at 1.1240.
GBPUSD is forming another descending wave. These days, the pair can form the fifth arrangement towards 1.2955.
GBPUSD, “Great Britain Pound vs US Dollar”
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AUDUSD is shifting downwards. The short-term target is at 0.6967.
USDJPY has reached the correctional target; right now, it is consolidating below 111.36. Probably, the set will break the Triangle blueprint to the downside and get to the goal of the fifth structure at 110.57.
Forecasts presented within this section only reflect the writer’s private opinion and shouldn’t be considered as advice for trading. RoboForex LP conveys no responsibility for trading outcomes based on trading guidelines described in these analytic reviews.
USDCHF, “US Dollar vs Swiss Franc”
Gold has attained the upside goal at 1305.11. These days, the pair may start consolidating. Afterwards, the market may break the scope and form one more perceptible wave together with the target at 1276.80.
USDRUB has completed the descending impulse; now, it’s consolidating around 65.65. Maybe, now the pair could break the scope and attain 65.15. However, if this amount is broken too, the tool may continue trading within the downtrend using the target at 64.95.
Brent remains consolidating around 66.62. According to the primary situation, the pair may break up it and continue growing to get to the goal at 68.40. Following that, the tool may start a new correction towards 63.65.
EURUSD, “Euro vs US Dollar”
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USDCHF is consolidating close to the temptations of this Flag pattern. Possibly, now the set may form a new ascending structure to split 1.0094 and subsequently keep trading in the uptrend using the very first target 1.0160.