13 November, 2015
EUR USD, “Euro vs US Dollar”
Eurodollar is attempting to form the correction towards 1.0833 or even 1.0884. However, this growth may be only considered as an alternative scenario. The main scenario remains the same and suggests that the market may continue falling inside the downtrend. The next target is at 1.0500.
GBP USD, “Great Britain Pound vs US Dollar”
Pound is trying to move upwards to reach 1.5255. However, this growth may be only considered as an alternative scenario. After that, the instrument may continue falling inside the downtrend. The next target is at 1.5000; the local one – 1.4848.
USD CHF, “US Dollar vs Swiss Franc”
Franc may form the correction towards 0.9951. After that, the instrument may continue growing inside the uptrend. The next target is at 1.0185; the local one – 1.0300.
USD JPY, “US Dollar vs Japanese Yen”
Yen may form the correction to reach 122.00, at least. After that, the instrument may continue growing towards 124.70.
AUD USD, “Australian Dollar vs US Dollar”
Australian Dollar may try to form another ascending structure to reach 0.7170. After that, the instrument may fall towards 0.7000 and then return to 0.7200.
USD RUB, “US Dollar vs Russian Ruble”
Following the oil prices decline, Ruble has broken its current high and probably completed this ascending wave. We think, today, the price may consolidate and form a reversal structure to start another decline with the target at 63.55. The market is expected to form another descending wave with the target at 60.00.
XAU USD, “Gold vs US Dollar”
Gold is moving inside the downtrend. We think, today, the price may return to 1100 and then continue moving downwards. The next target is at 1060. The main downside target is at 1015.
RoboForex Analytical Department
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...
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...
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...
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...
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...
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...
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...
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...
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...
|8||Fort Financial Services||67%|