Forex Technical Analysis & Forecast 26.09.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)
EURUSD, “Euro vs US Dollar”
EURUSD has reached another downside target to extend the wave towards 1.0937. Today, the pair may be correcting upwards to reach 1.0975. After that, the instrument may resume trading inside the downtrend with the target at 1.0927.
GBPUSD, “Great Britain Pound vs US Dollar”
After breaking 1.2400 to the downside, GBPUSD is still moving downwards to reach 1.2310. Possibly, today the pair may start a new growth towards 1.2395 and then resume trading downwards to reach 1.2310.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has reached the upside target; right now, it is consolidating at the top of this wave. Possibly, the pair may fall towards 0.9900 and then form one more ascending structure with the target at 0.9915. If later the price breaks this range to the upside, the instrument may resume trading inside the uptrend with the target at 0.9977; if to the downside – continue the correction towards 0.9888 and then start a new growth to reach the above-mentioned target.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is consolidating around 107.71. Today, the pair may form a new descending structure towards 107.56 and then resume trading upwards with the target at 107.88.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has reached the downside target at 0.6740; right now, it is consolidating around 0.6755. Possibly, the pair may form one more ascending structure towards 0.6770 and then start a new decline with the target at 0.6735.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has broken the consolidation range to the upside and may start a new correction towards 64.52. Possibly, today the pair may fall to reach 64.00 and then start another growth towards 64.52. Later, the market may resume trading inside the downtrend with the target at 63.30.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is trading downwards. Possibly, the pair may break 1.3250 and then continue the correction towards 1.3236. After that, the instrument may grow to reach 1.3255 and then resume falling towards 1.3222 to complete the correction. Later, the market may form one more ascending structure with the target at 1.3300.
XAUUSD, “Gold vs US Dollar”
Gold has broken 1515.00 downwards and may form the first ascending wave. Today, the pair may test 1515.00 from below and then form a new descending structure with the first target at 1496.55.
BRENT
Brent has broken 63.10 downwards and may continue the correction. Possibly, today the pair grow to test this level from below and then resume moving downwards to reach 60.70 to finish the correction. Later, the market may grow to break 65.55 and then continue trading upwards with the target at 68.88.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD continues falling with the target at 7930.00. Today, the pair may reach this level and then start a new growth to reach break 8800.00. Later, the market may continue the correction with the first target at 9400.00.
