Thursday's FX Technicals

www.investing.com/analysis/snb-switzerland/grains-corn-near-record-high,-supply-woes-persist-205941

By RoboForex | Mar 13, 2014 11:27AM ET

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EUR/USD

-0.08%

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GBP/USD

-0.14%

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USD/JPY

-0.22%

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USD/CHF

-0.46%

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AUD/USD

-0.33%

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XAU/USD

+0.18%

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USD/RUB

+0.14%

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Gold

-0.01%

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EUR/USD

Euro is moving upwards; market has broken another consolidation channel upwards and continues growing up. We think, today price may reach level of 1.3990, stat new correction, and then continue its ascending movement towards level of 1.4100.

EUR/USD

GBP/USD

Pound is moving inside consolidation channel; market has reached minimum of this correction. We think, today price may continue moving upwards. However, we should note, that according to main scenario, pair is expected to fall down to reach level of 1.6480 and only after that continue growing up to reach level of 1.7000.

GBP/USD

USD/CHF

Franc reached level of 0.8730 and right now is moving downwards. We think, today price may form another consolidation channel near level of 0.8730 and then to continue forming descending structure to reach level of 0.8300.

USD/CHF

USD/JPY

Yen is forming reversal pattern for new ascending movement. We think, today price may leave its descending channel; next target is at 104.40. Later, in our opinion, instrument may form another descending structure towards level of 100.00.

USD/JPY

AUD/USD

Australian Dollar completed correctional structure and returned to the level where the channel was broken; this movement may be considered as the right shoulder of head & shoulders reversal pattern. We think, today price may form reversal structure, leave this correctional channel, and then continue falling down. Next target is at level of 0.8990.

AUD/USD

USD/RUB

Ruble completed another ascending structure. We think, today price may fall down towards level of 35.60, form reversal structure, and continue growing up to reach level of 37.60.

USD/RUB

XAU/USD

Gold is still forming ascending structure towards level of 1377 or even 1380. Later, in our opinion, instrument may fall down towards level of 1352 to test it from above and then continue growing up to reach level of 1490.

XAU/USD

RoboForex Analytical Department

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Central Banks

Interest Rates

Next Meeting

FED

5.50%

May 01, 2024

ECB

4.50%

Jun 06, 2024

BOE

5.25%

May 09, 2024

SNB

1.50%

Jun 20, 2024

RBA

4.35%

May 07, 2024

BOC

5.00%

Jun 05, 2024

RBNZ

5.50%

May 22, 2024

BOJ

0.10%

Apr 26, 2024

CBR

16.00%

Apr 26, 2024

RBI

6.50%

Jun 07, 2024

PBOC

3.45%

BCB

10.75%

May 08, 2024

US 30	37,491.4	-284.0	-0.75%
US 500	4,966.6	-44.5	-0.89%
Dow Jones	37,775.38	+22.07	+0.06%
S&P 500	5,011.12	-11.09	-0.22%
Nasdaq	15,601.50	-81.87	-0.52%
S&P 500 VIX	18.00	0.00	0.00%
Dollar Index	106.040	+0.058	+0.05%

Crude Oil WTI	84.47	+1.74	+2.10%
Brent Oil	88.80	+1.69	+1.94%
Natural Gas	1.772	+0.025	+1.43%
Gold	2,397.65	-0.35	-0.01%
Silver	28.280	-0.100	-0.35%
Copper	4.4195	-0.0115	-0.26%
US Soybeans	1,139.12	+5.62	+0.50%

U.S. 10Y	4.553	-0.096	-2.07%
U.S. 30Y	4.663	-0.082	-1.72%
U.S. 5Y	4.592	-0.094	-2.00%
U.S. 3M	5.523	+0.128	+2.36%
US 10Y T-Note	108.33	+0.62	+0.58%
Euro Bund	131.71	+0.55	+0.42%
10-2 Yield Spread	-34.70	-2.94	9.26%

Apple	167.04	-0.96	-0.57%
Alphabet A	155.97	+0.50	+0.32%
Tesla	149.93	-5.52	-3.55%
Amazon.com	179.17	-2.11	-1.16%
Netflix	611.15	-2.54	-0.41%
Meta Platforms	501.80	+7.63	+1.54%
Bank of America	35.76	+0.52	+1.49%

Thursday's FX Technicals

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