EUR USD, “Euro vs US Dollar”
Euro expanded its consolidation channel downwards and reached target of this correction at level of 1.3730. We think, today price may form reversal structure and start growing up towards level of 1.3990. The first target is at level of 1.3875.
GBP USD, “Great Britain Pound vs US Dollar”
Pound continues forming ascending structure with target at level of 1.6666. We think, today price may reach this target, fall down to form the fifth wave towards level of 1.6430. Later, in our opinion, instrument may continue moving upwards to reach level of 1.7730.
USD CHF, “US Dollar vs Swiss Franc”
Franc is still consolidating. We think, today price may expand this consolidation channel to reach new maximum at 0.8888. Later, in our opinion, instrument may continue falling down towards level of 0.8300. The first target is at 0.8630.
USD JPY, “US Dollar vs Japanese Yen”
Yen is goring up to break level of 102.30 and then reach level of 102.70. Later, in our opinion, instrument may form reversal structure to continue falling down towards level of 100.00.
AUD USD, “Australian Dollar vs US Dollar”
Australian Dollar reached new maximum again; right now market is forming descending impulse, which may result in reversal pattern. We think, today price may form reversal structure and then continues its descending movement towards level of 0.8400.
USD RUB, “US Dollar vs Russian Ruble”
Market was opened with gap and Ruble continued moving upwards; market formed continuation pattern. Target of this ascending structure is at level of 35.86. Later, in our opinion, instrument may return to level of 35.58 and then start goring up again to reach target at level of 36.20.
XAU USD, “Gold vs US Dollar”
Gold is still moving downwards to reach level of 1279.80. Later, in our opinion, instrument may form reversal structure to start the fifth ascending wave towards level of 1435.
RoboForex Analytical Department