Investing.com - Financial Markets Worldwide
🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

Forex Technical Analysis 15.11.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY,

ByRoboForex
AuthorRoboForex
Published 11/15/2013, 09:58 AM
Updated 03/16/2022, 05:50 AM
EUR/USD
-
GBP/USD
-
USD/JPY
-
USD/CHF
-
AUD/USD
-
USD/EUR
-

EUR/USDEuro is forming consolidation pattern near 1.3440. We think, today price may continue growing up to reach target at 1.3568 and then start forming the fourth structure to return to 1.3440. Later, in our opinion, pair may complete this first ascending wave by forming new ascending structure and reaching target at 1.3590.



GBP/USDPound completed this ascending wave. We think, today price may start correction towards 1.5975 and then form another ascending wave to break maximums. This whole movement may be considered as head & shoulders reversal pattern.



USD/CHFFranc continues forming consolidation channel in order to continue falling down; target is at 0.9075. Later, in our opinion, pair may return to 0.9160.



USD/JPYYen is still forming ascending structure. We think, today price may fall down towards 99.60 and then from start ascending movement to reach 100.50. Later, in our opinion, pair may start more serious correction towards 98.00.



AUD/USDAustralian Dollar continues moving towards target at 0.9210. We think, today price may form another ascending structure to reach 0.9390 and then start new descending movement towards above-mentioned target. Later, in our opinion, pair may start new correction towards 0.9480.



GOLDGold is still consolidating near 1284. We think, today price may start ascending structure to reach 1300 and then return to 1284.




RoboForex Analytical Department

Latest comments

Loading next article…
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.