Forex Technical Analysis 08.09.2015

September 8, 2015

EUR USD, “Euro vs US Dollar”

The Eurodollar currency pair is ending the correction with a return to the level of 1.1232. Today, we expect another decline to the level of 1.1157. And after that, another update to 1.1233. Next, we consider the completion of the correction and the beginning of another structure of decline. The next target is at the level of 1.1000.

GBP USD, “Great Britain Pound vs US Dollar”

The pound against dollar currency pair was able to develop a correction to the level of 1.5366. Next on in line we expect a decline to the level of 1.5267. Then, we consider the possibility of a consolidation. With a break down we expected to decline in the level of refinement of 1.4960.

USD CHF, “US Dollar vs Swiss Franc”

The Dollar Franc currency pair is trading in consolidation above 0.9693. The basic scenario considers the continued growth to the level of refinement of 0.9816. Then - again, a return to the level of 0.9693. Then we look forward to continued growth to the level of refinement of 0.9870.

USD JPY, “US Dollar vs Japanese Yen”

The dollar yen currency pair is trading today in the structure of the growth to the level of 120.33. Next, we are expecting a decline to a level of 119.46 - thus a consolidation forms. With the possibility a break through up we look at the growth to the level of refinement of 124.00. With the break down there is a possible continuation of the downward trend to the level of refinement of 115.00.

AUD USD, “Australian Dollar vs US Dollar”

The Australian dollar against the US dollar broke through the top of the first pulse of growth and continues to trade the recovery of the rate to the level of 0.7000. Next, we consider the possibility of an update of the minimum. The goal is 0.6888.

USD RUB, “US Dollar vs Russian Ruble”

Today the Russian ruble will monitor the behaviour of the oil market. We expect the level of refinement of 70.00. Further we expect a decline to a level of 67.00. Then, the main scenario of the consolidation is expected to yield down to a continuation of the trend to the level of 52.50. As an alternative, do not rule out another emission of rates to the level of 73.60, and only then - again onto the decline in the trend.

XAU USD, “Gold vs US Dollar”

Gold continues to trade in the structure of decline to the level of 1110.00. After passing this target we expect a development of a wave of growth with the recovery to the level of 1140.00. Further – a decline to the level of 1124.85.

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...

Vantage FX Rating
HYCM Rating
HotForex Rating
FXCM Rating
Tickmill Rating
XM Rating

Banc De Binary Rating
Porter Finance Rating
TropicalTrade Rating
Anyoption Rating
365BinaryOption Rating
Beeoptions Rating