Forex Technical Analysis & Forecast: EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, Gold, Brent
|EURUSD, “Euro vs US Dollar”
EURUSD has returned to 1.2240 and right now is still moving downwards. Possibly, today the price may break 1.2180. The short-term target is at 1.1970.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has returned to 1.4000. Today, the price may fall to break 1.3920. The short-term target is at 1.3720.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is still moving upwards. Possibly, the price may reach 0.9860 and then start another consolidation range. After that, the instrument may break this range to the upside and then grow to reach 0.9898.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USDJPY, “US Dollar vs Japanese Yen”
USDJPY continues growing. Possibly, today the price may break 109.18. The target is at 109.87. Later, the market may start another consolidation range near the highs.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD continues falling with the short-term target at 0.7570. After that, the instrument may form another consolidation range near the lows. If later the instrument breaks this range to the downside, the market may continue trading to the downside to reach 0.7420; if to the upside – start another correction towards 0.7777.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still consolidating and moving towards 61.17. If later the instrument breaks this range to the downside, the market may continue trading to the downside to reach 58.15; if to the upside – start another correction towards 63.00.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
XAUUSD, “Gold vs US Dollar”
Gold has returned to 1331.00 downwards. Today, the price may continue trading to the downside to reach the short-term target at 1308.00.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
BRENT
Brent is forming another descending impulse towards 72.85. Later, the market may grow to reach 74.00, thus forming another consolidation range. If later the instrument breaks this range to the downside, the market may start another correction to reach 71.00; if to the upside – resume growing towards 75.90.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
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