Technical analysis EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on 26.02.2016

26.02.2016

The euro dollar currency pair could continue to develop the structure of the figure of continuation on the breakdown of the level of 1.1030. In practice, the market is forming a wave of correction to the level of 1.1106. Today we consider the testing of a local target at 1.0171. Next - 1.01031 test from above. And then – growth to testing of the main targets of this correction.

EURUSD

The pound against US dollar currency pair continues to trade with growth momentum. Today we consider the possibility of working the level of 1.4025. Next - test 1.3950 from above. Thus the market will mark the new border of the consolidation. With the break up we will consider the continuation of the correction to the level of 1.4173. With the break down - the possibility of decline to the refinement of the level of 1.3850.

GBPUSD

The USD CHF currency pair is trading another reduction structure. We consider the possibility of the refinement of the level of 0.9802. Next - a return to the level of 0.9902, the test from below. Thus the market will mark the scope of the consolidation. With the break up we consider growth to the refinement of the level of 1.0150. With the break down - the possibility of refinement of the level of 0.9600.

USDCHF

The dollar yen currency pair is trading in the structure of growth momentum. Today we expect refinement of the level of 113.42. Next - a return to 112.22. Then we do not exclude the rise to the upper boundary of the range - the level of 114.87.

USDJPY

Australian dollar against the US dollar continues to develop the structure of growth. The market was able to form a continuation to the breakdown of the level of 0.7207. Today we consider the refinement of the level of 0.7259. Next - a return to 0.7207, the test above. Then we will consider the possibility of another structure to upgrade the level of 0.7267. At this, we consider the completion of this wave. Then – a reduction back to the level of 0.7030.

AUDUSD

The Russian ruble is trading in the structure of the third wave of reduction. Today we expect the testing of the local target at 72. Further, we expect the development of the next consolidation with the figure for the continuation of the trend down. The next step – refinement of the level of 69.

USDRUB

Gold finished the wave of correction and is trading in consolidation. Today we expect a break through the minimum of the formed borders. As the main scenario, we consider the continuation of the trend down to the level of 1204. Next – test from below of 1220. Then - continued reduction to the refinement of the level of 1186.

GOLD
Attention!

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.