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09/18/2019 07:37:34 GMT

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

RoboForex Team RoboForex

EUR/USD, "Euro vs US Dollar"

EURUSD has completed the ascending structure at 1.1074; right now, it is consolidating. Possibly, the pair may move downwards to reach 1.1050. Later, the market may grow towards 1.1084 and then resume trading downwards with the target at 1.1034.

EURUSD

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

GBP/USD, "Great Britain Pound vs US Dollar"

GBPUSD has finished the ascending structure at 1.2525; right now, it is correcting towards 1.2466. After that, the instrument may start a new growth with the target at 1.2524.

GBPUSD

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

USD/CHF, "US Dollar vs Swiss Franc"

USDCHF is consolidating below 0.9938. Today, the pair may fall to break 0.9823 and then continue moving downwards to reach 0.9809. Later, the market may start another growth with the target at 0.9955.

USDCHF

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

USD/JPY, "US Dollar vs Japanese Yen"

USDJPY is consolidating around 108.14. Possibly, today the pair may form a new descending structure to reach 107.93 and then resume trading inside the uptrend with the target at 108.44.

USDJPY

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

AUD/USD, "Australian Dollar vs US Dollar"

AUDUSD is forming the third descending impulse with the target at 0.6825. Later, the market may start another growth towards 0.6856 and then resume trading downwards to reach 0.6787.

AUDUSD

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

USD/RUB, "US Dollar vs Russian Ruble"

USDRUB is correcting. Possibly, the pair may reach 64.60 and then start a new decline towards the first target at 63.30.

USDRUB

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

USD/CAD, "US Dollar vs Canadian Dollar"

USDCAD is consolidating above 1.3250. If later the price breaks this range to the upside at 1.3250, the instrument may form one more ascending structure to reach 1.3290; if to the downside at 1.3233 – start a new decline with the target at 1.3211.

USDCAD

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

XAU/USD, "Gold vs US Dollar"

Gold is consolidating above 1497.70 without any particular direction. Possibly, today the pair may fall towards 1483.88 and then start a new growth to return to 1497.70. Later, the market may resume trading downwards with the target at 1470.68.

XAUUSD

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

BRENT

Brent has completed the correction at 64.00. Today, the pair may grow towards 67.60 and then form a new descending structure to reach 65.70. After that, the instrument may resume trading inside the uptrend with the target at 71.30.

Brent

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

BTC/USD, "Bitcoin vs US Dollar"

BTCUSD is still consolidating above 10180.00 without any particular direction. Possibly, today the pair may move downwards to reach 9853.00 and then resume growing to return to 10180.00. After that, the instrument may form a new descending structure with the target at 9800.00.

BTCUSD

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

Author

RoboForex Team

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.

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