Euro is still moving inside descending structure, which may be considered as correction. We think, today price may return to level of 1.3750 and then continue falling down toward level of 1.3620.
Pound is still forming the fifth wave inside correctional flag pattern. We think, today price may return to level of 1.6620 and then continue falling down towards target at level of 1.6430.
USD/CHF
Franc continues forming ascending structure. We think, today price may fall down towards level of 0.8890, return to level of 0.8980, and then continue moving downwards to reach level of 0.8630.
USD/JPY
Yen is still forming the fifth wave inside ascending structure. We think, today price may move downwards to reach level of 102.97. Later, in our opinion, instrument may grow up towards level of 104.20 and continue falling down to reach level of 100.00.
AUD/USD
Australian Dollar is still consolidating at the top of its ascending wave. We think, today price may fall down to break minimum of this consolidation channel. Later, in our opinion, instrument may continue moving inside descending trend to reach main target at level of 0.8400.
USD/RUB
US Dollar vs. Russian Ruble”Ruble completed its correction. We think, today price may continue growing up towards level of 35.90 and then start moving downwards to reach level of 35.50. Later, in our opinion, instrument may start new ascending movement to return to level of 36.40.
XAU/USD
Gold is completing its descending structure, which may be considered as correction towards the first ascending wave. We think, today price may start growing up towards level of 1314 and then fall down to return to 1296. Later, in our opinion, instrument may start new ascending movement with target at level of 1357.
RoboForex Analytical Department