The Euro-to-US dollar currency pair performed the correction link to 1.1815. The correction is almost complete. Today we expect a decrease to 1.1780. And with a breakdown and this level down, the potential for reaching 1.1744 will open with the prospect of continuing the trend to 1.1730.
The pound-to-US dollar currency pair is practically testing 1.3838 at the bottom. We expect a break from it and the continuation of the development of another wave of decline by 1.3688. And with a breakdown and this level, the potential will open to decrease to 1.3470.
The US dollar currency pair to the Russian ruble performed the correction link to the level of 74.20. Today we expect a decrease to 73.44. And with the breakdown of this level down, the potential to reach 72.72 will open. The target is local.
The US dollar to Japanese yen currency pair trades in the structure of the first wave of decline to the level of 110.07. After its development, we expect a correction link to 110.33. Next, consider the probability of starting another wave of decline to the level 109.50.
The US dollar/Swiss franc currency pair has completed a correction to 0.9148. Today we expect to form a consolidation range at the current lows. With the way out of it, we will consider the beginning of the development of another wave of growth to the level of 0.9212. And with its breakdown we expect a continuation of the trend to 0.9277. The target is local.
The Australian dollar-to-US dollar currency pair continues to form a consolidation range of 0.7388. We expect today a decrease to 0.7272. After testing of this level, technical return to 0.7380 is not excluded. Next – a decrease to the level of 0.7171.
Oil today trades under pressure in growth. The market once again broke the level of 74.44 up. We expect a price increase by 75.55. After working out this level, the correction link up to 72.50 is not excluded. After the correction, we expect an increase to the level of 77.00.
Gold received a drop down from 1811.10. Today the market continues development of the next wave of decline by 1790.50. And with a breakdown and this level down, the potential for a decrease to 1765.55 will open. The target is local.
S the opinion of their authors. The current analysis is not a guide to trade. RoboForex is not responsible for the results of the work that may arise when using the trading recommendations from the submitted reviews.