Analysis

Tech Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold, Brent

EURUSD

The EUR/USD is trading within a consolidation range near 1.1762. Today, it may go up to 1.1793, within the diamond pattern. Then, the pair is likely to leave this range and go down to reach the target at 1.1725. and then, once a breakout occurs, to go further to 1.1660, i.e. a local target.

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

 

GBPUSD

The GBP/USD has exited the 5-wave correction pattern and may now start falling to 1.3030, which is going to be the first target.

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

 

USDCHF

The USD/CHF is correcting; today, the pair may reach 0.9631 and test it from above. Then, a rise to 0.9682 is possible, i.e. a local target.

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

 

USDJPY

The USD/JPY has completed its rising pattern and may now start correcting, with the first target at 112.32.

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

 

AUDUSD

The AUDUSD got inside the first downward impulse, and then corrected. Today, the third downward wave may take the pair to 0.7200.

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

 

USDRUB

The USD/RUB has entered the consolidation range and is trading near its lows. Today, it may start going up. After breaking out at 65.95 the first correction phase may start, with the target at 66.60.

 

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

 

GOLD

Gold may probably rise to 1206.70, but then is likely to fall till 1190.20.

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

 

BRENT

Brent crude reached the strategic uptrend target and may now start consolidating near its highs. In case a breakout occurs, the price may start correcting to 80.25.

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

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