RoboForex - Analytics

RoboForex

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

Forex Technical Analysis 06.03.2019 (EURUSD, GBPUSD, USDCHF)

EURUSD, “Euro vs US Dollar”

EURUSD has reached the predicted target of the third descending wave; it may yet continue this structure towards 1.1286. Today, the pair may reach this level and then form one more ascending structure with the target at 1.1345. After that, the instrument may resume trading inside the downtrend to reach the first target at 1.1272.

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 trading downwards and forming the third descending wave. The target is at 1.3062. Later, the market may resume growing to reach 1.3173 and the start a new decline to reach 1.2993.

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 forming the third ascending wave. Possibly, today the pair may reach 1.0060 and then start a new correction towards 1.0020. After that, the instrument may continue growing with the target at 1.0103.

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 target at 112.12. Today, the pair may be corrected towards 111.37 and then form another ascending structure to reach 112.40.

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 has broken 0.7060 downwards. Possibly, today the pair may reach 0.7009 and then start a new growth to return to 0.7060. Later, the market may resume trading inside the downtrend with the target at 0.6922.

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 consolidating around 65.65 without any particular direction. If later the price breaks range to the upside, the instrument may continue growing to reach 66.20; if to the downside – resume trading inside the downtrend with the short-term target at 62.90.

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 1286.45. If later the price breaks range to the upside, the instrument may be corrected to reach 1312.00; if to the downside – resume trading downwards with the target at 1276.80.

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

BRENT

Brent has rebounded from 65.80; right now, it is falling towards 63.95. Later, the market may form one more ascending structure towards 68.40.

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