EURUSD, “Euro vs US Dollar”
EURUSD is moving upwards. Possibly, the price may choose an alternative scenario and expand the current consolidation range towards 1.2494. If later the instrument breaks this range to the upside, the market may reach 1.2482; if to the downside – start another correction with the target at 1.2400.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is trading upwards. Possibly, today the price may choose an alternative scenario and expand the current consolidation range towards 1.4323. If later the instrument breaks this range to the upside, the market may reach 1.4266; if to the downside – start another correction with the target at 1.4198.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is moving downwards. Today, the price may choose an alternative scenario and expand the range towards 0.9411. Later, the market may grow to reach 0.9479 and then form another descending structure with the target at 0.9392.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has completed the ascending impulse towards 105.60. Today, the price may be corrected to reach 105.30 and then form another ascending structure with the target at 106.50.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating around 0.7714. Possibly, today the price may expand the range downwards to reach 0.7639 and then resume growing with the target at 0.7777.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still being corrected. Possibly, the price may reach 57.51. After that, the instrument may move downwards to break 56.56 and then continue falling inside the downtrend towards with the short-term target at 55.50.
XAUUSD, “Gold vs US Dollar”
Gold has broken the consolidation range upwards. Possibly, today the price may choose an alternative scenario and grow towards 1359.00. Later, the market may be corrected to reach 1339.00.
BRENT
Brent is trading above 69.85. Today, the price may continue growing towards 71.31. Later, the market may start another correction to reach 67.95 and then resume moving inside the uptrend with the target at 72.00.
RoboForex Analytical Department