Forex Technical Analysis 24.01.2014 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

January 24, 2014

EUR/USD

Euro reached level of 1.3600 and continues moving upwards inside ascending trend towards target at 1.4100. We should note, that this target may be reached without any serious corrections.


 

GBP/USD

Pound is still moving inside ascending wave. We think, today price may reach level of 1.6680 and then start new correction towards level of 1.6475. Later, in our opinion, pair may continue moving inside ascending trend to reach level of 1.7400.


 

USD/CHF

Franc is still falling down. We think, today pair may continue forming descending structure to break level of 0.8900. Later, in our opinion, pair may consolidate for a while and then continue moving inside descending trend towards level of 0.8300.


 

USD/JPY

Yen is still forming the fifth descending structure towards level of 102.75. After reaching it, pair may start growing up and return to level of 104.00.


 

AUD/USD

Australian Dollar is still falling down; market reached target at 0.8750. We think, today price may consolidate and break this level downwards. Main target of this descending movement is at level of 0.8400.



GOLD

Gold broke its consolidation channel upwards. We think, today price may continue growing up towards level of 1277.
 



RoboForex Analytical Department

Publication source
RoboForex information  RoboForex reviews

December 8, 2016
U.S. equities post a new record high. Euro looks to ECB meeting
U.S. equities edged higher to post new highs in yesterday's trading marking one of the strongest one day gains since the November elections. The DJIA gained 1.6% while the S&P500 closed with 1.3% gains...
December 8, 2016
US equities jump sharply
US markets saw a massive rise today as the Dow was up 300 points and the S&P 500 was up 29 points showcasing that investors believe the advent of Trump will have a positive effect on the US economy.
December 7, 2016
GBP falls as industrial & manu. production miss
The pound has come under pressure in London trading today. EURGBP buying has been a driver, with the cross rallying some 0.5% to a peak of 0.8510, since ebbing to around 0.8490. Gains failed to sustain above the 20-day moving average, which is at 0.8503...

Trade360 Rating
FxPro Rating
XM Rating
HYCM Rating
Z.com Trade Rating
Larson&Holz IT Ltd Rating

TopOption Rating
EZTrader Rating
Beeoptions Rating
OptionFair Rating
OptionRally Rating
365BinaryOption Rating