Forex Technical Analysis 13.08.2015 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD)

August 13, 2015

EUR USD, “Euro vs US Dollar”

Eurodollar is falling today. The price is expected to form a wave to reach 1.1072 and then start a correction towards 1.1144. After that, the pair may continue falling inside the downtrend to reach 1.1000.

GBP USD, “Great Britain Pound vs US Dollar”

Pound is consolidating near the top. We think, today, the price may leave this consolidation channel downwards to reach 1.5532. This decline may be considered as the start of a new descending wave with the target at 1.5240.

USD CHF, “US Dollar vs Swiss Franc”

Franc is moving upwards. We think, today, the price may reach 0.9850 and then return to 0.9765. Later, in our opinion, the market may start another growth towards 1.0000.

USD JPY, “US Dollar vs Japanese Yen”

After falling and reaching 123.80, Yen has started forming a structure to return to 125.00. After that, the pair may fall towards 124.40. So far, this trading range may be considered as another consolidation channel.

AUD USD, “Australian Dollar vs US Dollar”

Being under pressure, Australian Dollar is falling. We think, today, the price may reach the target at 0.7200 and then return to 0.7400.

USD RUB, “US Dollar vs Russian Ruble”

Ruble is consolidating. After breaking the channel downwards, the market may start a new descending wave to reach 61.00 and then test 63.00 from below. Later, in our opinion, the pair may start falling inside the downtrend.

XAU USD, “Gold vs US Dollar”

Gold is forming a correction with the target at 1106. After reaching it, the price may form the fifth structure of this wave towards 1131.

RoboForex Analytical Department

Publication source
RoboForex information  RoboForex reviews

October 21, 2016
EUR/USD remained unchanged after the ECB
The price maintained its bearish tone on Thursday. The EUR/USD pair stayed around its recent lows during the day. The euro slightly strengthened towards 1.1000 ahead of the US opening. The 50-EMA limited the euro recovery in the 1 hour chart...
October 21, 2016
Decisions on QE Postponed until December
Asian stock markets are narrowly mixed, with Japanese bourses managing marginal gains as the Yen falls against the Dollar. Stock futures in the U.S. are down...
October 21, 2016
EURUSD at $1.09, but declines could be limited
The ECB monetary policy meeting yesterday saw the euro give up its intraday gains to close on a bearish note. As Draghi signaled that the central bank would need time to assess the monetary policy situation...

FIBO Group Rating
OctaFX Rating
Grand Capital Rating
HotForex Rating
Tickmill Rating Rating

OptionBit Rating
OptionsXO Rating
EZTrader Rating
Grand Option Rating
Empire Option Rating
24option Rating