Analysis

Forex Technical Analysis and Forecast: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold, Brent, BTC/USD

EUR/USD, "Euro vs US Dollar"

EURUSD is consolidating around 1.1062. Today, the pair may fall towards 1.1057 and then grow to break 1.1111. Later, the market may continue trading upwards with the target at 1.1200.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

GBP/USD, "Great Britain Pound vs US Dollar"

After completing the ascending wave at 1.2500, GBPUSD is consolidating around 1.2463. Possibly, the pair may start a new correction towards 1.2407 and then form one more ascending structure with the target at 1.2530.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USD/CHF, "US Dollar vs Swiss Franc"

USDCHF is still moving downwards to reach 0.9850. According to the main scenario, the price may reach this level and then and start another growth with the target at 0.9925.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USD/JPY, "US Dollar vs Japanese Yen"

USDJPY is consolidating around 107.87. Today, the pair may form a new descending structure to reach 107.45 and then resume trading inside the uptrend with the target at 107.87.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

AUD/USD, "Australian Dollar vs US Dollar"

AUDUSD is consolidating around 0.6872. Possibly, today the pair may start another growth towards 0.6915 and then resume trading downwards to reach 0.6888. After that, the instrument may form one more ascending structure with the target at 0.6928.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USD/RUB, "US Dollar vs Russian Ruble"

USDRUB is moving downwards. Today, the pair may reach 64.40 and then resume trading upwards to reach 64.70. Later, the market may continue moving downwards with the first target at 63.50.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USD/CAD, "US Dollar vs Canadian Dollar"

USDCAD has completed the correction at 1.3222. Today, the pair may form one more ascending structure towards 1.3307 and then resume falling to return to 1.3222.

 

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

XAU/USD, "Gold vs US Dollar"

Gold is consolidating around 1505.50. If later the price breaks this range to the downside, the instrument may resume trading downwards with the target at 1471.90; if to the upside – then start another growth to reach 1526.60.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

BRENT

Brent has reached 68.38; right now, it is correction towards 64.73. Later, the market may resume trading inside the uptrend with the target at 69.30.

 

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

BTC/USD, "Bitcoin vs US Dollar"

BTCUSD is consolidating above 10180.00. Possibly, today the pair may move downwards to reach 9850.00 and then resume growing to return to 10180.00. After that, the instrument may form a new descending structure with the target at 9800.00.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


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