Analysis for July 27th, 2015
Eurodollar is trying to expand its consolidation channel upwards. We think, today, the price may return to 1.0992 and then grow to reach 1.1065. After that, the pair may fall to return to 1.1000 again.
EUR USD, “Euro vs US Dollar”
GBP USD, “Great Britain Pound vs US Dollar”Pound is moving upwards. We think, today, the price may test 1.5578 (at least) and then fall towards 1.5450. After that, the market may grow to return to 1.5578 once again.
USD CHF, “US Dollar vs Swiss Franc”Franc is consolidating at the top of its ascending wave. We think, today, the price may break the top and reach 0.9662 and then return to the center of this consolidation channel. After that, the market may start another growth to reach 0.9762.
USD JPY, “US Dollar vs Japanese Yen”Yen is falling and forming the second descending impulse; which may be considered as a correction towards 122.95. After that, the pair may start growing towards 124.67.
AUD USD, “Australian Dollar vs US Dollar”Australian Dollar is consolidating near its lows. We think, today, the price may form a reversal pattern and break this consolidation channel upwards to start an ascending wave to test 0.7555 from below.
USD RUB, “US Dollar vs Russian Ruble”Ruble is expected to form a consolidation channel and a reversal pattern to start a descending wave towards 52.50.
XAU USD, “Gold vs US Dollar”Gold is forming an upside continuation pattern. We think, today, the price may reach 1131 and then return to 1101. To test it from above.
RoboForex Analytical Department
Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Live Account.