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


EURUSD, "Euro vs US Dollar"

After breaking 1.1213 upwards, EURUSD has completed the ascending wave at 1.1250 along with another upside continuation pattern at 1.1249. Possibly, the pair may continue growing towards 1.1305. Today, the pair may reach 1.1287 and then start a new correction to test 1.1250 from above. After that, the instrument may form one more ascending structure with the target at 1.1305.

EURUSD

 

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 is moving upwards. Possibly, the pair may reach 1.2568 and then fall towards 1.2515. Later, the market may continue trading upwards with the target at 1.2595.

GBPUSD

 

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 moving downwards. Possibly, the pair may reach 0.9845 and then grow to break 0.9922. After that, the instrument may continue trading inside the uptrend with the first target at 0.9999.

USDCHF

 

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

 

USDJPY, "US Dollar vs Japanese Yen"

After forming the consolidation range around 108.45 and breaking it downwards, USDJPY has reached the first target at 107.93. Possibly, today the pair may be corrected with the target at 108.45 and then start a new decline towards 107.15.

USDJPY

 

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

 

AUDUSD, "Australian Dollar vs US Dollar"

AUDUSD is moving upwards. Possibly, the pair may reach 0.6997 and then form a new descending structure to break 0.6940. Later, the market may continue trading inside the downtrend with the short-term target at 0.6868.

AUDUSD

 

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 moving downwards. Today, the pair may reach 63.15 and then start a new growth towards 64.22.

USDRUB

 

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

 

XAUUSD, "Gold vs US Dollar"

Gold is consolidating around 1407.95. Possibly, today the pair may form one more ascending structure towards 1430.10 and then start another decline to return to 1407.95. After that, the instrument may break this level and then continue trading downwards with the target at 1382.00.

XAUUSD 

 

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

 

BRENT

Brent has reached the predicted target of the first ascending wave. Today, the pair may consolidate near the current highs. If later the price breaks this range to the downside, the instrument may start another correction towards 65.00; if to the upside – form one more ascending structure with the target at 69.90.

Brent

 

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

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

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