RoboForex - Analytics

RoboForex

863.75 5.25/10
93% of positive reviews
Real
How to join the service?

Forex Technical Analysis & Forecast 16.01.2023

EURUSD, “Euro vs US Dollar”

The currency pair has reached the main goal of the wave of growth at 1.0871. Today a wave of decline to 1.0700 may begin. Then growth to 1.0800 and a decline to 1.0660 may follow, from where the trend might continue to 1.0480.

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”

The currency pair has completed a wave of growth to 1.2288. Today a wave of decline to 1.2188 might begin, followed by growth to 1.2240 and a decline to 1.2080, from where the trend might continue to 1.1840.

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

USDJPY, “US Dollar vs Japanese Yen”

The currency pair has completed a wave of decline to 127.25. Today the market starts off a wave of growth to 131.22. After this level is reached, a wave of decline to 129.55 and growth to 135.70 should follow.

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

USDCHF, “US Dollar vs Swiss Franc”

The currency pair has completed a correctional wave to 0.9230. At the moment, the market has started forming a structure of growth to 0.9393. After this level is reached, a consolidation range might form. With an escape upwards, the trend might continue to 0.9565.

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

AUDUSD, “Australian Dollar vs US Dollar”

The currency pair has completed a wave of growth to 0.7015. Today a wave of decline to 0.6868 might begin. With a breakaway of this level downwards as well, a pathway to 0.6777 should open.

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

BRENT

Oil has escaped a consolidation range upwards and has reached a local goal of 85.55. Today a link of correction to 84.82 is not excluded. Then growth to 86.06 should follow, from where the trend might continue to 88.00. The goal is local.

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

XAUUSD, “Gold vs US Dollar”

Gold has reached the goal of a wave of growth to 1928.00. Today a wave of decline to 1877.30 should begin. The goal is first. After this level is reached, a link of growth to 1888.00 and a decline to 1830.00 should follow.

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

S&P 500

The stock index is forming a consolidation range under 3993.0. Today the range should extend upwards to 4000.0. Then a decline to 3840.0 should follow. Thus the market will set the borders for a new consolidation range. With an escape downwards, a pathway to 3675.0 should open.

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