Currency pair Euro-US Dollar is traded again without any distinguishable trend right in the middle of consolidation range. For today, we cannot rule out the chance that pair would try to get to the level at 1.1270. However, we consider that scenario as an alternative with a possible correction. As the most probable scenario we, however, consider further moving downwards towards the level at 1.1160. The main goal is the level at 1.1100.
Currency pair Pound versus US Dollar has done with the third wave and correction considered as the fourth wave. Now we should think about the fifth—downwards movement towards the level at 1.3040. Then we would consider pullback to the level at 1.3250.
Currency pair US Dollar-Franc was unable to keep the broken level at 0.9780. We cannot rule out the chance for falling to the minimum at 0.9666. However, that renewal of the minimum we consider as an alternative. The main scenario is further ascending towards the level at 0.9880. The goal is local.
Currency pair US Dollar-Yen is traded towards bouncing from the level at 103.30 in a downwards direction. We expect this pair to descend to the level at 101.57. Then we cannot rule out the chance that this pair gets to the level at 103.50 as the fifth correction. Afterward, we expect downwards trend to be continued towards the level at 98.00. The goal is local.
Currency pair Australian Dollar-US Dollar is traded within consolidation range and minimums have been renewed. We expect the level at 0.7430 to be broken. Then we consider a possibility of the price correction till the level at 0.7590.
Currency pair US Dollar-Russian Ruble is traded within a narrow consolidation range. "Triangle" pattern has been almost formed. If there was an upper boundary breakage, then we would consider movement towards the level at 66.00. If there was a lower boundary breakage, then there would be a prospect for price descending towards 63.00.
Gold is traded within consolidation range. If there were minimums breakage, then we would consider another descending figure forming. Market proposes us to consider this descending as the fifth correction. The goal is on the level at 1295. By reaching this point we expect the correction to be ended. Then we expect upwards movement to test level at 1355.
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 Members Area.