Forex Technical Analysis & Forecast 10.09.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

10 сентября 2019 - Fx4News

EURUSD, “Euro vs US Dollar”

EURUSD is still consolidating around 1.1039. Possibly, today the pair may fall to break 1.1015 and then continue trading inside the downtrend with the predicted target at 1.0965.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

After finishing the descending impulse at 1.2315, GBPUSD has completed the correction towards 1.2365. Today, the pair may fall to break 1.2315 and then continue trading downwards with the predicted target at 1.2244.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

USDCHF has broken 0.9919 to the upside. Possibly, today the pair may test this level from above and then resume growing towards 0.9940. Later, the market may be corrected with the target at 0.9900.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has broken 107.20 upwards. Possibly, the pair may start a new growth towards 107.70. After that, the instrument may be corrected to return to 107.20.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has completed the descending impulse towards 0.6850. Today, the pair may start another correction to reach 0.6864, thus forming a new consolidation range at the top. If later the price breaks this range to the downside, the instrument may start a new decline with the first target at 0.6828.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is moving downwards. Possibly, today the pair may reach 65.17 and then trade upwards to break 65.65. After that, the instrument may continue growing towards 66.15.

USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is moving upwards to reach 1.3191. Later, the market may fall towards 1.3164 and then form one more ascending structure with the first target at 1.3237.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

Gold has reached the target of the first descending wave. Today, the pair may consolidate near the lows. Possibly, the price may form a new descending structure towards 1485.88 and then start another growth with the target at 1506.30.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent is moving upwards; after breaking 62.62, it has almost completed the ascending structure at 65.10. Possibly, today the pair may continue trading upwards to reach 65.10 and then start another correction to return to 62.62. After that, the instrument may resume trading inside the uptrend with the first target at 67.67.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is consolidating 10335.00. Possibly, the pair may expand the range towards 10638.00. However, according to the main scenario the price is expected to resume trading inside the downtrend with the target at 9730.00.

BITCOIN
Risk Warning: the result of previous trading operations do not guarantee the same results in the future