Technical analysis for EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on March 7, 2016

07.03.2016

Today pair Euro-Dollar is trading downward under the pressure. We consider the development of the correction and sliding to the level 1.0948 (minimum). Later we will consider the possibility of one more growth structure toward the level 1.1067. At that, the potential of Euro-Dollar pair is over. After that we expect downtrend to test the level 1.0770.

EURUSD

Pair British Pound to US Dollar has tested the local goal in the growth structure. Today, we consider the sliding toward the level 1.4000 and test from above. Later we will consider the possibility of development of one more growth structure to overlap 1.4300. After that we will consider whole growth wave as correction whose potential has been worked out completely. Later - downtrend to test the level 1.3750.

GBPUSD

Pair US Dollar to Franc is trading up today. We consider the test level 0.9980. Later we will consider the possibility of one more structure of sliding toward the level 0.9850. Then – growth trend to test the level 1.0050.

USDCHF

Pair US Dollar – Yen is still trading in the center of consolidation range. We will consider the test level 114.86 after the pair will be above that range. If pair is below that range, so it will be sliding toward the level 112.17. then we will consider the possibility of one growth structure toward the level 116.00.

USDJPY

Pair AUS Dollar to US Dollar is trading under the sliding pressure today. We consider the development of sliding wave toward the level 0.7165. the first goal is about the level 0.7260.

AUDUSD

The Russian Rouble has breakdown the level 72. Today we consider the continuation of sliding toward the level 70. Then – comeback to the level 72, the test from below. Actually we will consider the development of consolidation range on the breakage around the mark 72. Later we expect the downtrend. After that – overlapping of the level 69, and local goal is about the level 66.

USDRUB

Gold has tested the goal of growth wave with the stretching of the up consolidation range. Today we expect the development of impulse to sliding toward the level 1234. Later – growth to the 1256. Test from below. Later – sliding toward the level 1191.

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.