RoboForex - Analytics

RoboForex

863.75 5.25/10
80% of positive reviews
Real
How to join the service?

Forex Technical Analysis & Forecast 09.06.2022

EURUSD, “Euro vs US Dollar”

EURUSD is consolidating above 1.0707. Possibly, today the pair may expand the range up to 1.0765 and then resume falling to break 1.0670. Later, the market may continue trading downwards with the target at 1.0590.

Forex Technical Analysis & Forecast 09.06.2022 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 consolidating around 1.2540. Possibly, the pair may expand this range up to 1.2651 and then start a new decline to break 1.2430. After that, the instrument may continue trading downwards with the target at 1.2111.

Forex Technical Analysis & Forecast 09.06.2022 GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

After breaking 133.66 to the upside, USDJPY is forming a new consolidation range above it. Today, the pair may continue moving within the uptrend with the target at 135.05 or even extend this structure up to 136.26.

Forex Technical Analysis & Forecast 09.06.2022 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 finished the ascending structure at 0.9790 along with the correction down to 0.9733, USDCHF continues trading upwards with the short-term target at 0.9873.

Forex Technical Analysis & Forecast 09.06.2022 USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

After forming a new consolidation range around 0.7194 and breaking it to the downside, AUDUSD is falling towards 0.7143. Possibly, the pair may break the latter level as well and then continue falling with the target at 0.7048.

Forex Technical Analysis & Forecast 09.06.2022 AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

After breaking 124.00 to the upside, Brent continues trading upwards with the target at 127.00, or even extend this structure up to 131.50.

Forex Technical Analysis & Forecast 09.06.2022 BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

Having completed the ascending wave at 1859.50 along with the descending structure towards 1850.00, Gold is forming a new consolidation range between these two levels. If later the price breaks the range to the downside, the market may resume falling to reach 1800.00; if to the upside – form one more ascending wave with the target at 1868.30, or even extend this structure up to 1880.00. After that, the instrument may start a new decline towards 1800.00.

Forex Technical Analysis & Forecast 09.06.2022 GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

S&P 500

The S&P index is still consolidating around 4115.5 without any specific direction. If later the price breaks this range to the upside, the market may form one more ascending structure towards 4220.0 and the start a new decline with the target at 4000.0; if to the downside – resume falling to reach 4020.0, or even extend this descending structure down to 3814.0.

Forex Technical Analysis & Forecast 09.06.2022 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