RoboForex - Analytics

RoboForex

863.75 5.25/10
94% of positive reviews
Real
How to join the service?

Forex Technical Analysis & Forecast 11.03.2022

EURUSD, “Euro vs US Dollar”

After completing the descending impulse at 1.1000, EURUSD is consolidating around this level. Possibly, the pair may form one more ascending structure to reach 1.1040 and then resume falling to break 1.0960. Later, the market may continue trading downwards with the target at 1.0880.

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”

After finishing the correction at 1.3193 and rebounding from this level, GBPUSD is expected to resume trading downwards to break 1.3064. After that, the instrument may continue falling with the target at 1.3020.

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

USDRUB, “US Dollar vs Russian Ruble”

After the market opening, USDRUB is falling to break 115.80 and then reach the target at 105.24. If later the price breaks the latter level, the asset may continue trading downwards with the target at 99.00.

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

USDJPY, “US Dollar vs Japanese Yen”

USDJPY continues growing towards 116.66. After that, the instrument may correct to reach 115.66 and then form one more ascending structure towards 116.88. Later, the market may resume trading within the downtrend with the target at 114.66.

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

USDCHF, “US Dollar vs Swiss Franc”

Having formed a new consolidation range around 0.9292, USDCHF is growing to reach 0.9323 and may later fall to return to 0.9292. After that, the instrument may resume trading upwards with the first target at 0.9339.

USDCHF
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 finished the correction at 0.7354. Today, the pair may form a new descending impulse to break 0.7299 and then continue trading downwards with the target at 0.7257.

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

BRENT

Brent continues falling and may soon reach 105.90. Later, the market may form one more ascending structure to break 122.00 and then continue trading upwards with the target at 141.95.

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

XAUUSD, “Gold vs US Dollar”

Gold is correcting towards 1963.75. After that, the instrument may form one more ascending structure to break 2093.00 and then continue growing with the target at 2145.00.

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

S&P 500

Having rebounded from 4229.9, the S&P index is correcting towards 4316.6. Later, the market may resume falling to reach 4070.6 and then form one more ascending structure with the target at 4423.3.

S&P 500
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