Forex Technical Analysis and Forecast 13.07.2022 :: InvestMacro


Article by RoboForex.com

EURUSD, “Euro vs. US Dollar”

EURUSD ended the descending wave at 0.9999. The pair is likely to correct today to test the 1.0090 level from below, and then decline towards 0.9994. Later, the market may start another correction up to 1.0111 and then resume trading lower with the target at 0.9975.


Risk Warning: The result of previous trading operations does not guarantee the same results in the future

GBPUSD, “Great British Pound to US Dollar”

After completing the descending wave at 1.1807, the GBPUSD is expected to correct to test 1.1922 from below and may resume the decline later towards 1.1801. After that, the instrument may start another correction upwards to 1.1930, and then resume trading within the downtrend with the target at 1.1790.

British Pounds / US Dollars
Risk Warning: The result of previous trading operations does not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”


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USDJPY finished the corrective structure at 136.60; At the moment, it is growing towards 137.45. Later, the market may start another decline towards 136.26 and then resume trading upwards with the target at 137.87.

US dollar / Japanese yen
Risk Warning: The result of previous trading operations does not guarantee the same results in the future

USDCHF, “US Dollar vs. Swiss Franc”

After reaching the short term bullish target at 0.9855, USDCHF is expected to correct down to 0.9786. Later, the market may start a new growth with the first target at 0.9977.

USDCHF
Risk Warning: The result of previous trading operations does not guarantee the same results in the future

AUDUSD, “Australian dollar to US dollar”

AUDUSD ended the descending wave at 0.6710; At the moment, the correction is up to 0.6779. After that, the instrument may resume trading within the downtrend with the target at 0.6690.

AUDUSD
Risk Warning: The result of previous trading operations does not guarantee the same results in the future

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Brent is still correcting. It has already reached the short-term target at 99.50 and may rise later to test 104.00 from below. After that, the instrument may fall towards 98.75, and then resume trading upwards with the target at 110.60.

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Risk Warning: The result of previous trading operations does not guarantee the same results in the future

XAUUSD, “Gold vs. US Dollar”

Gold continues to fall towards 1722.22. After that, the instrument may correct up to 1768.00, and then resume trading down with the target at 1700.00.

He went
Risk Warning: The result of previous trading operations does not guarantee the same results in the future

Standard & Poor’s 500

The S&P index completed the descending structure at 3813.6. Today, the asset may resume growth to break 3948.4 and then continue trading upwards with the short-term target at 4040.0.

Standard & Poor's 500

Article by RoboForex.com

attention!
Forecasts presented in this section only reflect the author’s own opinion and should not be considered guidelines for trading. RoboForex LP does not assume any responsibility for the trading results based on the trading recommendations described in these analytical reviews.


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