Forex Technical Analysis & Forecast 04.12.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)

Article By RoboForex.com

EUR USD, “Euro vs US Dollar”

The EUR/USD pair is trading to the downside. Possibly, the price may reach 1.1848 and then grow towards 1.1894. After that, the instrument may fall with the target at 1.1804.

EURUSD

 

GBP USD, “Great Britain Pound vs US Dollar”


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The GBP/USD pair is falling. We think, today the price may reach 1.3384 and then grow towards 1.4370. Later, in our opinion, the market may continue falling with the target at 1.3296.

GBPUSD

 

USD CHF, “US Dollar vs Swiss Franc”

The USD/CHF pair is moving upwards. Possibly, today the price may reach 0.9885 and then fall towards 0.9820. After that, the instrument may resume growing with the target at 0.9950.

USDCHF

 

USD JPY, “US Dollar vs Japanese Yen”

The USD/JPY pair is trading to the upside. Possibly, the price may break 112.79. The target is at 114.20. Later, in our opinion, the market may resume falling towards 112.80.

USDJPY

 

AUD USD, “Australian Dollar vs US Dollar”

The AUD/USD pair is consolidating above 0.7547. If later the price breaks this range to the downside, the market may fall towards 0.7496; if to the upside – grow with the target at 0.7660.

AUDUSD

 

USD RUB, “US Dollar vs Russian Ruble”

The USD/RUB pair is still moving upwards. Possibly, today the price may reach 58.85 and then fall to reach the downside of the consolidation range. After that, the instrument may break it and continue falling to reach the local target at 57.47.

USDRUB

 

XAU USD, “Gold vs US Dollar”

Gold is moving downwards. We think, today the price may reach 1268. Later, in our opinion, the market may start another ascending structure to reach 1283 and then resume falling with the target at 1262.

GOLD

 

BRENT

Brent is trading to the downside. Possibly, today the price may reach 63.15. After that, the instrument may be grow towards 64.69 and then resume falling with the target at 63.50.

BRENT

 

RoboForex Analytical Department

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.