Technical analysis of EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on 11.07.2016

11.07.2016

Currency pair Euro-US Dollar is traded in the center of consolidated diapason. So far the price is above 1.1015 level. Today, we consider the possibility of brakeage of that level downward and formation of new diapason under the breakage. The calculated aim of declining wave is considered at the 1.0908 level.

EURUSD

Currency pair Pound to US Dollar is traded in the narrow diapason under the broken level 1.3070. We consider that the main scenario is continuation of declining to level 1.2650. Later on we expect formation of new consolidated diapason.

GBPUSD

Currency pair US Dollar-Franc is traded in the next growth structure to level 0.9920. Further we consider the possibility of test of 0.9848 from the top, then – growth toward level 1.0080.

USDCHF

Currency pair US Dollar-Yen tested technically the broken diapason from the bellow. It is not excluded even the test of level 102.37. Further we expect continuation of downward trend to overlap level 99.35.

USDJPY

Currency pair AUS Dollar-US Dollar is traded in the consolidated diapason on the top of growth matrix. We consider that structure to be turn figure. We expect decline toward 0.7385 as the first structure in the next declining wave.

AUDUSD

Russian rouble is traded near the lower border of consolidated “Triangle”. Today we consider the possibility of growth up to it the top border. After the breakage upwards, the potential for correction to level 67.70 will be opened.

USDRUB

Gold is traded in the next growth structure to level 1383. Today we consider the possibility of pullback from 1359 and overlapping of the goal. Next – declining to level 1344.
 
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.