Forex Technical Analysis 30.09.2015 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD)

September 30, 2015

EUR USD, “Euro vs US Dollar”

Eurodollar is trying to continue the correction towards 1.1308, but the main scenario remains the same – decline inside the downtrend. The main target of this wave is at 1.1000. After that, the market may form another correction to reach 1.1350 and then continue falling inside the downtrend.

GBP USD, “Great Britain Pound vs US Dollar”

Pound continues moving downwards and reaching new lows. We think, today, the price may reach 1.5040, test 1.5100 from below, and then continue falling inside the downtrend. The local target of this wave is at 1.4660. An alternative scenario suggests that the pair may form the correction and test 1.5333. After that, the market may resume falling inside the downtrend to reach the local target.

USD CHF, “US Dollar vs Swiss Franc”

Franc has completed the correction. Possibly, the pair may try to extend it towards 0.9652. However, the main scenario implies that the price is expected to continue moving inside the uptrend to reach 0.9870 or even higher towards 1.0125.

USD JPY, “US Dollar vs Japanese Yen”

Yen has rebounded from the triangle’s lower border and right now is moving near 120.00. We think, today, the price may test 120.30 again and then break this consolidation channel to reach the local target at 115.00.

AUD USD, “Australian Dollar vs US Dollar”

Australian Dollar continues consolidating in the center of the channel. We think, today, the price may reach new lows and continue falling towards 0.6800. After that, the market may return to test 0.6900 from below and then start another decline to reach 0.6700.

USD RUB, “US Dollar vs Russian Ruble”

Ruble has formed a narrow consolidation channel. We think, today, the price may break it downwards and reach 64.50. After that, the market may test the broken channel from below and then continue falling to reach the target at 60.00.

XAU USD, “Gold vs US Dollar”

Being under pressure, Gold continues falling. We think, today, the price may reach 1119.75 and then grow to return to 1137.00. Later, in our opinion, the market may return to 1128.20 and then start another growth towards 1160.00.

RoboForex Analytical Department

Publication source
RoboForex information  RoboForex reviews

December 9, 2016
Euro slips as ECB extends QE by 9-months
The single currency was weaker after the European Central Bank decided yesterday that it would continue with its bond purchases program. The ECB extended its QE plans from March 2017 to the end of the year...
December 9, 2016
The global stock market rally
The global stock market rally, which was underpinned by further ECB stimulus measures yesterday and a rise in oil prices, continued in Asia overnight, with most markets moving higher...
December 9, 2016
Markets throw caution to the wind
Markets have thrown caution to the wind when it comes to movements as of late as once again US equities set the scene with another stellar rise, though not as big as yesterdays...

HotForex Rating
OANDA Rating
FxPro Rating
EXNESS Rating
 FXTM Rating
FBS Rating

OptionBit Rating
Binary Brokerz Rating
TropicalTrade Rating
OptionsXO Rating
OptionRally Rating
Banc De Binary Rating