Forex Technical Analysis & Forecast 11.09.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)
EURUSD, “Euro vs US Dollar”
EURUSD is still consolidating around 1.1039. Today, the pair may choose an alternative scenario to form one more ascending structure to break 1.1066 and then continue growing to reach 1.1116. According to the main scenario, the price may start plunging at any moment to reach 1.0950.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is consolidating around 1.2343. Possibly, today the pair may choose an alternative scenario to start another growth to break 1.2383 and then continue trading upwards to reach 1.2454. According to the main scenario, the price may start plummeting at any moment towards 1.2111.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is still consolidating around 0.9919. Today, the pair may grow to break 0.9939 and then continue trading upwards with the first target at 0.9950.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is moving upwards. Possibly, today the pair may reach 107.83 and then form a new descending structure with the target at 107.47.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating around 0.6858. Today, the pair may form one more ascending structure to break 0.6870 and then continue trading upwards the target at 0.6892.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 65.42. Possibly, today the pair may reach 65.17 and then resume trading upwards with the first target at 65.65. If later the price breaks this range to the upside, the instrument may form one more ascending structure towards 66.16.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is moving downwards. Today, the pair may form a new descending structure to reach 1.3126 and then start another growth to break 1.3186. After that, the instrument may continue trading upwards with the target at 1.3300.
XAUUSD, “Gold vs US Dollar”
Gold has reached the first downside target at 1484.88. Possibly, the pair may form one more ascending structure towards 1506.30 and then start a new correction to reach 1495.50. Later, the market may resume trading upwards with the target at 1526.50.
BRENT
Brent has formed the consolidation range around 62.62. Possibly, today the pair may start another growth with the predicted target at 65.10. Later, the market may correct to return to 62.62 and then resume trading inside the uptrend towards 67.65.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is moving downwards. Today, the pair may fall to reach 9866.00 and then form one more ascending structure to return to 10180.00. After that, the instrument may continue trading inside the downtrend with the predicted target at 9500.00.
