Sourced from: https://www.countingpips.com/2019/03/forex-technical-analysis-forecast-13-03-2019-eurusd-gbpusd-usdchf-usdjpy-audusd-usdrub-gold-brent/
EURUSD has reached the predicted target and returned into 1.1300. Possibly, now the set may break the ascending channel. The primary downside target is in 1.1240.
USDCHF is consolidating close to the temptations of this Flag design. Possibly, now the set can form a new ascending arrangement to split 1.0094 and subsequently continue trading within the uptrend using the first target 1.0160.
EURUSD, “Euro vs US Dollar”
GBPUSD is forming another descending wave. These days, the pair will shape the fifth arrangement towards 1.2955.
USDCHF, “US Dollar vs Swiss Franc”
USDRUB has finished the descending impulse; now, it’s consolidating around 65.65. Possibly, today the set will break the range and hit 65.15. However, if this amount is broken too, the instrument may keep on trading within the downtrend with the goal at 64.95.
AUDUSD is moving downwards. The short-term target would be at 0.6967.
Gold has reached the upside goal at 1305.11. Nowadays, the pair will begin consolidating. Later, the market will break the range downwards and shape one more descending wave with the goal in 1276.80.
Forecasts presented in this section only reflect the writer’s personal opinion and shouldn’t be considered as guidance for trading. RoboForex LP conveys no obligation for trading results based on trading suggestions described in these analytical reviews.
USDJPY has reached the correctional goal; right now, it is consolidating below 111.36. Probably, the pair may break the Triangle pattern to the drawback and get to the target of this fifth structure at 110.57.
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Brent is still consolidating around 66.62. As stated by the primary scenario, the set may split it upwards and continue growing to reach the target at 68.40. Following that, the instrument may begin a fresh correction towards 63.65.
AUDUSD, “Australian Dollar vs US Dollar”
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XAUUSD, “Gold vs US Dollar”
USDRUB, “US Dollar vs Russian Ruble”