Technical analyst forecast and the euro against the dollar today 02/02/2016
The currency, the euro, the dollar is almost stretched to a full correction of the wave of growth. The next step - reduced back to the level of 1.0845. The market continues to trade in a large triangular consolidation structure. The main scenario remains the same - the output trend down on the refinement level of 1.0682.
The currency, the pound against the US dollar has broken up a range of consolidation and now look at the possibility of top-level test 1.4350. Next on stage - development of the local target at 1.4540. Then - a return to the level of 1.4350, the test above. The currency pair usd chf tested consolidation center on the top and at the moment the structure of trade growth. Today we consider the continuation of the waves on the refinement level of 1.0352. Then expect another consolidation range. The currency, the dollar, the yen continues to develop a range of consolidation. Today we consider the possibility of mining the level of 120.13. Next - a return to the level of 120.90. Then - a new decline to the level of 118.60. The Australian dollar against the US dollar continues to trade in a consolidation range. Today is expected to decline to a level of 0.7050. With its breakdown will consider the decline to 0.6825. The Russian ruble can now followed the oil market to go to the correction and return to the level of 78.40. Next in line consider the development of another structure to reduce to the level 70.84. Gold extended consolidation range upwards. We offer today to consider top test 1119.81. And then consider the possibility of another structure to upgrade the level of growth of 1131.10. At the forward end of this wave of growth. Next, we consider the trend decline in the level of overlap 1089.00.
Analytical department of the company RoboForex
Forecasts of financial markets are the private opinions of their authors. The current analysis is not a guide to trade. RoboForex Company is not responsible for results that may arise from the use of trading recommendations submitted reviews.
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