Technical analyst forecasts and the euro against the dollar today 02.29.2016
Currency, the euro dollar today attempt to execute a return to the breakdown of growth channel. With test levels below 1.0961 we will consider a retreat for the continuation of the downward trend in the level of overlap of 1.0860. Next - consolidation and continuation of the decline to the level of 1.0765.
Technical outlook pound dollar today 02.29.2016
Currency pair pound against the US dollar is almost fulfilled the goal of reducing the wave. But the structure of the reduction retains the potential to continue this trend. In practice, the market is developing third-wave structure with continued decline to the level of 1.3386. Today expect refinement level 1.3740 and then allow a correction to the level of 1.3900, below the test. Then - a continuation of the downtrend.
Technical outlook of dollar franc today 02.29.2016
Currency pair dollar franc is trading above the broken-up consolidation. We consider the current structure of the figure as a continuation of the uptrend. Today we consider the growth to the level of 1.0040.
The technical outlook of the dollar, the yen today 02.29.2016
Currency pair yen dollar offers to consider the structure of completed growth and today sells its correction to the level of 112.55. Next, consider the possibility of growth to the upper end of the range - the level of 114.86.
Technical AUDUSD rate forecast for today 02/29/2016
Currency pair Australian dollar against the US dollar broke through the channel of growth and at the moment is developing on the breakdown of the structure of consolidation. Consider the possibility of continuing to reduce the wave level of 0.6980. As an alternative has not yet ruled out the possibility of another release update prices high. Then - again a decrease trend.
Technical outlook dollar ruble USDRUB today 02.29.2016
On the Russian ruble today consider the possibility of continuing the development of the reduction wave at level 72. Further refinement expect consolidation range. With a breakdown will consider the possibility of continuing to reduce the level of 69 (at least).
The technical outlook for gold prices today 02/29/2016
Gold traded today with hammering up from the bottom of the "triangle" does not exclude the increase to the upper limit. But the main scenario considers the breakdown lows with continued reduction in the level of 1200 detention.
Analytical department of the company RoboForex
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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