RoboForex - Analytics

RoboForex

906.75 5.50/10
77% of positive reviews
Real
How to join the service?

Forex Technical Analysis 19.10.2018 (USDJPY, AUDUSD...)

EURUSD, “Euro vs US Dollar”

EURUSD is forming the second part of the descending wave; it has rebounded from 1.1520 and right now is falling towards 1.1444. Today, the pair may test 1.1475 from below and then fall with the short-term target at 1.1444. After that, the instrument may be corrected to return to 1.1520 and then resume trading inside the downtrend to reach 1.1410.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is forming another descending structure with the short-term target at 1.2992. Later, the market may test 1.3050 from below and then resume trading inside the downtrend to reach the first target at 1.2888.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is still moving upwards. Today, the pair may reach 0.9982. After that, the instrument may be corrected to return to 0.9910 and then resume trading inside the uptrend to reach 1.0060.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has broken 112.43 downwards; right now, it is still being corrected. Possibly, today the price may test 112.43 from below and then start another decline to reach 111.79, thus forming another consolidation range. If later the instrument breaks this range to the upside, the price may continue growing to reach 113.10; if to the downside – resume trading inside the downtrend with the target at 110.93.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading to expand the range downwards. Today, the pair may reach 0.7077. Later, the market may grow towards 0.7123 and then start another decline with the target at 0.7071.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is still consolidating below 65.58. Possibly, the pair may grow towards 65.95 and then form a new descending structure to reach 65.10. Later, the market may return to 65.58 to test it from below. If the instrument breaks this range to the downside, the price may resume falling with the short-term target at 64.11; if to the upside – trade upwards towards 67.04.

USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

XAUUSD, “Gold vs US Dollar”

Gold is consolidating around 1226.32. If later the instrument breaks this range to the downside, the price may continue trading downwards to reach 1205.80; if to the upside – start another growth with the target at 1243.77.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

BRENT

Brent is still forming the third descending structure towards 78.55. Later, the market may grow to return to 82.22 once again and then start another decline with the first target at 77.37.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree