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

RoboForex Team RoboForex

EURUSD

The EUR/USD is trading within the first downward wave and may reach 1.1392 today, then fall till 1.1336, which is going to be its first target.

GBPUSD

The GBPUSD is rising to 1.3166, and then it may go down to reach 1.2954, which is going to be its first target.

USDCHF

The USD is rising against the franc within the first upside movement, trying to reach 0.9953. Then, it is likely to correct to 0.9914, and then a rise to 1.0009 may follow.

USDJPY

The USDJPY is correcting to 111.04. Today, it may hit this target, and then fall till 110.67.

AUDUSD

The Aussie is correcting, in search of 0.7132; it may then fall till 0.7072.

USDRUB

The RUB hit the local downside target and may hit the low at 63.44, then is likely to return to 64.86, and then head down again, reaching 62.90, its intermediate target.

GOLD

Gold is declining, heading towards $1,301.50, which may get hit today. Then a rise to $1,310.60 may follow. After that, the downtrend may continue to $1,277.17.

BRENT

Brent crude is under pressure and is going down, with the target at $67.42. Then a rise to $68.05 may follow, and, finally, another fall to $66.66 is expected, i.e. a local target.

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RoboForex Team

RoboForex

RoboForex Team is a group of professional financial experts with high experience on financial market, whose main purpose is to provide traders with quality and up-to-date market information.

EUR/USD struggles near 1.1850, with all eyes on US CPI data

EUR/USD holds losses while keeping its range near 1.1850 in European trading on Friday. A broadly cautious market environment paired with a steady US Dollar undermines the pair ahead of the critical US CPI data. Meanwhile, the Eurozone Q4 GDP second estimate has little to no impact on the Euro.

GBP/USD recovers above 1.3600, awaits US CPI for fresh impetus

GBP/USD recovers some ground above 1.3600 in the European session on Friday, though it lacks bullish conviction. The US Dollar remains supported amid a softer risk tone and ahead of the US consumer inflation figures due later in the NA session on Friday.

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