Technical analyst forecasts and the euro against the dollar today 03.16.2016
Currency, the euro dollar is trading in the range of consolidation around 1.1090. We regard it as a continuation of the downtrend. The local goal - at the level of 1.1000.
Currency pair pound against the US dollar is trading under pressure to reduce. We consider the refinement level 1.4090. Next, we do not rule out a return to 1.4235. Then - reduced to the level of 1.4030. The pair usd chf generates consolidation range at 0.9880 breakout upwards. We expect the refinement level of 0.9976. Next -. Return to the level of 0.9880 Currency pair dollar, the yen is trading in consolidation range. We do not rule out another test level of 113.80. Next - decline to 111.88. Then -. Return to the level of 113.30 currency pair Australian dollar against the US dollar traded in a wave of decline. We consider the refinement level 0.7340.The market has not yet been able to develop a compensation structure this reduction. After working goals, consider the possibility of a correction to the level of 0.7438 (at least). Next -. Continuation of the trend down to the level of refinement of 0.7200 Russian ruble trades correction. We do not rule out the test below 72. Then the trend is expected to continue to decline to a level of 65. The goal -. Local on gold market trades consolidated around the level of 1231. We expect a minimum breakdown and continued to decline throughout 1209. The aim of the waves consider reduction to the level of 1191.
Forecasts of the financial markets are the personal opinion of their authors. The current analysis is not a guide to trading. RoboForex Company is not responsible for the results that may arise from the use of trading recommendations submitted reviews.
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