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


EURUSD

The currency pair is trading in the second half of the third wave of decline to 1.1019. Today a decline to 1.1070 looks possible, upon the breakaway of which hitting 1. 1035 may become probable. The goal is local. Then growth to 1.1070 may follow, and then - a decline to 1.1019.

EURUSD

 

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

 

GBPUSD

The instrument has realized an impulse for a decline to 1.2138 and its correction to 1.2161. Upon escaping this level downwards, the trend may continue to 1.2108, followed by the growth to 1.2135 and a decline to 1.2093. An alternative may be a renewal of 1.2180 in case of going upwards, followed by a decline along the trend.

GBPUSD

 

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

 

USDCHF

The currency pair formed a consolidation range around 0.9777. Growth to 0.9850 looks possible, the goal is local. A correction to 0.9808 and growth to 0.9898 may follow. The goal is first.

USDCHF

 

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

 

USDJPY

The instrument is forming a consolidation range around 106.35. Growth to 106.95 may follow. Upon breaking this level away, a potential for the wave continuation to 108.20 may appear.

USDJPY

 

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

 

AUDUSD

The pair is trading in a structure of growth to 0.6808. The level may be hitted today, after which a consolidation range may form around it. After an escape upwards growth to 0.6880 may follow, the goal is local.

AUDUSD

 

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

 

USDRUB

The pair is trading under pressure for growth. It may hit 66.70 and then decline to 65.75.

USDRUB

 

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

 

USDCAD

The pair has completed a wave of declining to 1.3260,this structure regarded as a correction, which may extend to 1.3240. The main scenario is trend continuation uowards to 1.3360.

USDCAD

 

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

 

GOLD

Gold is developing the consolidation range around 1507.40. The main scenario may be a decline to 1494.30. An alternative would be a spurt to 1534.75.

Gold

 

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

 

BRENT

Oil is trading under a pressure for growth. It may hit 59.72 and decline to 58.70, and then grow to 61.01. The goal is local.

Brent

 

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

 

BTCUSD

The instrument is trading under a pressure for growth. A breakaway of 10506.50 upwards is not excluded. The goal is at 10745.45. Then a decline to 9855.00 may follow. The goal is first.

BTCUSD

 

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.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD remains stuck in a narrowing price range after Fed

EUR/USD's struggle for strong directional bias continues after hawkish Federal Reserve (Fed) rate cut. The risks in EUR/USD looks skewed to the downside ahead of Eurozone data and ECB-speak.

EUR/USD News

GBP/USD remains below 100-day SMA on "Super Thursday"

With the mixed Brexit headlines and the US Dollar pullback playing contrasting tunes, the GBP/USD pair remains under 100-day SMA while heading into the London open. All eyes on UK Retail Sales, BOE decision.

GBP/USD News

USD/JPY keeps losses below 108.00 as BOJ disappoints the doves

USD/JPY keeps the losses below 108.00, as the Japanese Yen remains on the front foot in reaction to the Bank of Japan's (BOJ) status-quo that came in as a disappointment for the doves. 

USD/JPY News

Bitcoin price update: BTC/USD dives below Bollinger Band levels as $10,000 is pierced

Bitcoin has lost its cool towards the end of the Asian session on Thursday. After managing to defend $10,000 over the last few days, the granddaddy of cryptos has plunged below several other support areas including $9,900 and $9,800. 

Read more

Gold: Indecisive market, focus on today's close

Gold is currently trading at $1,480 per Oz, representing 0.21% drop on the day. On Wednesday, the yellow metal witnessed two-way business before ending the day with moderate losses at $1,494.

Gold News

Forex Majors

Cryptocurrencies

Signatures