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

January 24, 2017
UK Supreme Court to deliver verdict on Brexit
The UKs Supreme Court will be giving its verdict in the High Court on whether the Brexit referendum should be put to a parliamentary vote or note. There is a widespread consensus that the Supreme Court will rule in favor of the High Court...
January 24, 2017
Crude oil maintains bullish trend
Oil prices were initially weaker at the start of the new week, but they have now recovered to trade almost flat at the time of this writing. At the weekend, the OPEC and some producers outside of the group met to discuss the progress of their oil production deal...
January 24, 2017
Dollar found its feet after declining over the last day
Asian stock markets were mixed overnight, with Japanese bourses still under pressure (Nikkei closed down 0.55%). despite a dip in the Yen, as USD stabilised. Uncertainty over Trump’s regulatory and trade policies continues to weigh on investor sentiment...

Tickmill Rating
Fort Financial Services Rating
XTB Rating
HotForex Rating
Z.com Trade Rating
FxPro Rating

Porter Finance Rating
UKoptions Rating
365BinaryOption Rating
IQ Option Rating
OptionTrade Rating
99Binary Rating