RoboForex - Analytics

RoboForex

916.00 5.50/10
77% of positive reviews
Real
How to join the service?

Forex Technical Analysis 21.12.2018 EURUSD, GBPUSD, USDCHF

EURUSD, “Euro vs US Dollar”

EURUSD is still forming the ascending structure. Possibly, today the pair may fall towards 1.1381 and then grow to reach 1.1440, thus forming another consolidation range. If later the instrument breaks this range to the upside, the price may reach 1.1495; if to the downside – resume trading inside the downtrend with the target at 1.1250.

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 still consolidating around 1.2640. Today, the pair may fall to reach 1.2540 and then grow to expand the range towards 1.2745. Later, the market may continue trading inside the downtrend with the short-term target at 1.2415.

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 trading close to the downside border of the range. Possibly, today the pair may form one more ascending structure towards 0.9900 and then resume falling to reach 0.9866. If later the instrument breaks 0.9850 to the downside, the price may resume falling with the target at 0.9825; if 0.9900 to the upside – start a new growth towards 1.0000.

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 reached the short-term downside target; right now, it is forming the first ascending impulse. Possibly, the pair may be corrected with the first target at 111.70. After that, the instrument may form a new descending structure towards 111.27.

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 still trading downwards. Possibly, today the pair may reach 0.7077 and then form one more ascending structure towards 0.7144. Later, the market may resume trading inside the downtrend with the target at 0.7000.

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 trading upwards. Today, the pair may reach 68.20 and fall towards 67.15. After that, the instrument may, form one more ascending structure with the target at 68.40.

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 trading upwards as well; it has reached the upside target. Possibly, today the pair may fall towards 1257.40 and then start a new ascending structure to reach 1261.61. If later the instrument breaks 1257.40 to the downside, the price may trading inside the downtrend with the first target at 1248.15.

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

BRENT

Brent is trading downwards. Today, the pair may reach 53.85 and then form one more ascending structure towards 57.95. Later, the market may fall to reach 55.85 or even extend this structure towards 52.42. After that, the instrument may form a reversal pattern and start a new correction with the first target at 63.00.

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