Forex Technical Analysis 03.07.2015 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD)

3 July, 2015

EUR USD, “Euro vs US Dollar”

After returning to level of 1.1100, Eurodollar has started consolidating inside a narrow channel. We think, today, the price may continue forming its descending wave with the target at level of 1.0930. After that, the pair may return to level of 1.1180.

GBP USD, “Great Britain Pound vs US Dollar”

Pound is forming another consolidation channel. We think, today, the price may continue falling to reach level of 1.5506. Later, in our opinion, the market may form a correction to return to level of 1.5715.

USD CHF, “US Dollar vs Swiss Franc”

Franc is forming a descending structure with the target at level of 0.9350. After reaching it, the price may reach new highs at level of 0.9545. Later, in our opinion, the market may continue falling to return to level of 0.9350.

USD JPY, “US Dollar vs Japanese Yen”

Yen is forming a descending impulse. We think, today, the price may continue this impulse to break level of 122.22 and then fall towards level of 121.30. Later, in our opinion, the market may grow to return to level of 122.22 and then form another descending structure to reach level of 120.20.

AUD USD, “Australian Dollar vs US Dollar”

Australian Dollar has completed another descending wave. We think, today, the price may return to level of 0.7672 to test it from below and then continue falling to reach level of 0.7500.

USD RUB, “US Dollar vs Russian Ruble”

Ruble is consolidating below level of 55.50. We think, today, the price may grow to break the channel upwards and then form another consolidation channel. The pair is expected to form an upside continuation pattern. After that, the pair may break this channel upwards as well and reach level of 58.50. Later, in our opinion, the market may start falling towards level of 52.50.

XAU USD, “Gold vs US Dollar”

Gold has completed another descending structure. We think, today, the price may test level of 1173 from below and then continue falling towards level of 1140. After reaching it, the market may return to level of 1173 and then continue falling towards level of 1113.

RoboForex Analytical Department


Source link  
Forex Technical Analysis for 29.12.2015

Eurodollar has almost reached the target of its ascending wave. We think, today, the price may continue forming its consolidation channel at the top of this ascending structure. Possibly, the pair may reach 1.0997...

Forex Technical Analysis for 28.12.2015

Eurodollar is still forming an ascending structure, which may be considered as the fourth correctional one inside the descending wave. We think, today, the price may complete the current growth by reaching 1.0997 and then start falling to form the fifth structure with the target at 1.0752...

Technical analysis for 23.12.2015

The euro dollar currency is trading with a decline today. The channel of the fourth component of growth is breaking through. The next step is the fifth with a target at the level of 1.0752. Next, we consider the possibility of the correction returning to the level of 1.0900...


Forex Technical Analysis for 22.12.2015

Eurodollar has almost completed the correction. We think, today, the price may form another descending structure to reach 1.0752 and then return to 1.0900...

Murrey Math Lines for 21.12.2015

Eurodollar is consolidating close to Super Trends, which may soon form bearish cross to confirm a new decline of the price. The closest target is at the 0/8 level. If later the par breaks this level, it may continue falling much deeper...

Forex Technical Analysis for 18.12.2015

Eurodollar has expanded its trading range downwards and returned to the center of the channel. We think, today, the price may be corrected towards 1.0914 to test it from below and the form another descending wave with the target at 1.0742...


Wave Analysis for 17.12.2015

After finishing the wave [a], the pair has started a new local correction. Earlier, the price completed the descending impulse in the wave 3 or C. Later, Eurodollar may complete the wave [b] and start forming the ascending impulse in the wave [c] of 4...

Forex Technical Analysis for 16.12.2015

Eurodollar has finished another descending structure to expand its consolidation channel downwards. We think, today, the price may return to 1.0984. Later, in our opinion, the market may rebound from this level and continue falling inside the downtrend towards 1.0770...

Forex Technical Analysis for 15.12.2015

Eurodollar is expanding its consolidation channel upwards. We think, today, the price may prefer to move according to an alternative scenario and grow to reach 1.1068. Later, in our opinion, the market may fall and expand the channel downwards to reach 1.0925...

  


Share: