Forex Technical Analysis & Forecast: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold, Brent
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EURUSD, "Euro vs US Dollar"
The EUR/USD pair has reached another low and completed the correction. We think, today the price may form another descending structure to reach 1.1703. Later, in our opinion, the market may grow towards 1.1754 and then continue falling inside the downtrend. The local target is at 1.1650.
EURUSD
GBPUSD, "Great Britain Pound vs US Dollar"
The GBP/USD pair is still forming the third descending structure. The local target is at 1.3280. After that, the instrument may grow towards 1.3390 (at least) and then resume falling to reach 1.3249.
GBPUSD
USDCHF, "US Dollar vs Swiss Franc"
The USD/CHF pair is still consolidating. According to the main scenario, the price may grow towards 0.9980, break it, and then continue moving upwards to reach 1.0020.
USDCHF