Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Forex Technical Analysis 27.12.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY,

Published 12/27/2013, 08:11 AM
Updated 03/16/2022, 05:50 AM

EUR/USDEuro expanded its consolidation channel upwards and is going to continue moving inside down trend; current correction may yet continue. We think, today price may fall down to reach level of 1.3560 and then continue growing up with target at 1.4100.



GBP/USDPound expanded its consolidation channel downwards and is going to continue moving inside up trend; this correction may yet continue. We think, today price may reach level of 1.6300 and then continue moving upwards to reach predicted target at 1.7150.



USD/CHFFranc is still moving inside its consolidation channel. We think, today price may reach level of 0.9060 (at least). This growth may be considered as correction towards previous descending movement. Later, in our opinion, instrument may moving inside down trend with target at 0.8300.



USD/JPYThanks to the gap, Yet expanded its consolidation channel upwards. We think, today price may fall down to 104.00, and then continue falling down towards next target at 103.00. Later, in our opinion, instrument may start new correction to reach 104.00.



AUD/USDAustralian Dollar is still consolidating. We think, today price may test level of 0.8840 and then form another ascending structure to reach level of 0.8958. Later, in our opinion, instrument may start moving inside down trend. Next target is at 0.8720.



GOLDGold is still moving towards level of 1220; this movement may be considered as the fourth wave. Later, in our opinion, instrument may start the fifth wave inside this final structure with target at 1175 and then form reversal pattern for new ascending movement to return to 1360.




RoboForex Analytical Department

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Moving upward and down trends in the above charts indicate positive waves towards USD and Gold.. I like it.. Thanks. HKG
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.