Forecasts of XAU/USD

Gold looks towards $2,000 The gold price finally broke through the elusive and phycological $1,800 mark, and so far today, buying interest has kept it above this critical level ,and now some in the market have set their sights on the price hitting $2,000 in the not to distant future. The precious me...

09.07.2020EURUSD, “Euro vs US Dollar”After breaking 1.1300 to the upside, EURUSD may continue growing towards 1.1380. Later, the market may correct to reach 1.1280 and then resume trading inside the uptrend with the target at 1.1410.GBPUSD, “Great Britain Pound vs US Dollar”After breaking 1.2525 and...

08.07.2020EURUSD, “Euro vs US Dollar”After breaking 1.1300 to the downside and starting a new correction towards 1.1250, EURUSD has reached the short-term correctional target at 1.1260 and returned to test 1.1300 from below. Possibly, today the pair may form a new descending structure to reach 1.125...

07.07.2020EURUSD, “Euro vs US Dollar”After breaking 1.1300, EURUSD is consolidating above it. If later the price breaks this range to the downside, the market may start a new correction towards 1.1250; if to the upside – resume trading inside the uptrend with the short-term target at 1.1380.GBPUSD, ...

06.07.2020EURUSD, “Euro vs US Dollar”EURUSD is moving upwards. Possibly, the pair may reach 1.1290 and then start a new correction towards 1.1262. After that, the instrument may form one more ascending structure with the target at 1.1305 and then start another correction to return to 1.1262.GBPUSD, ...

03.07.2020EURUSD, “Euro vs US Dollar”EURUSD is forming another descending wave. Possibly, today the pair may break 1.1222 and then continue falling with the short-term target at 1.1180. After that, the instrument may correct to test 1.1222 from below and then start another decline to reach 1.1144.GB...

Gold hits 8 year high The price of Gold has pulled back in today’s trading session after reaching an 8 year high as a rise in coronavirus cases sparked concerns over the economic recovery from the devastating effects of the virus and boosted demand for safe-havens. Just when things seemed to be gett...

02.07.2020EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.1184, EURUSD is growing towards 1.1287, thus forming a new consolidation range around 1.1240. After reaching 1.1287, the instrument may start another decline with the target at 1.1204.GBPUSD, “Great Britain Pound vs ...

01.07.2020EURUSD, “Euro vs US Dollar”After completing another correctional structure at 1.1260, EURUSD is falling towards 1.1215. Possibly, today the pair may reach this level and then form a new consolidation range around it. If later the price breaks this range to the downside, the market may cont...

Chinese Oil Alliance China's state-owned oil companies are negotiating an alliance for joint oil purchases. Four state-owned refineries (China Petroleum & Chemical, PetroChina, CNOOC and Sinochem Group) will jointly announce the price of some grades of oil. In official sources, this is presented...

30.06.2020EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.1218 along with the correction towards 1.1251, EURUSD is expected to fall and break 1.1210 and then continue trading downwards to reach 1.1180. Later, the market may return to 1.1218 to test it from below and then fo...

29.06.2020EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.1200, EURUSD is expected to continue the correction and grow to reach 1.1250, at least. Later, the market may form a new descending structure with the target at 1.1150.GBPUSD, “Great Britain Pound vs US Dollar”After ...

26.06.2020EURUSD, “Euro vs US Dollar”After completing the structure at 1.1192, which may be considered as the third wave, EURUSD has broken its channel to the upside. Possibly, today the pair may correct towards 1.1250 and then may form a new descending structure with the first target at 1.1155.GBPU...

25.06.2020EURUSD, “Euro vs US Dollar”EURUSD continues falling with the predicted target at 1.1181. After that, the instrument may correct towards 1.1244 and then may form a new descending structure to reach 1.1144.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is trading downwards with the predict...

24.06.2020EURUSD, “Euro vs US Dollar”After breaking 1.1280 to the upside and then reaching 1.1345, EURUSD has finished the descending impulse at 1.1300 along with the correction towards 1.1325. Possibly, today the pair may form a new descending structure to reach 1.1260 and then resume continue trad...

23.06.2020EURUSD, “Euro vs US Dollar”After completing the ascending structure at 1.1255, EURUSD is consolidating around this level. Possibly, today the pair may grow to reach 1.1310 and then fall to break 1.1200. Later, the market may continue trading downwards with the target at 1.1100.GBPUSD, “Gre...

22.06.2020EURUSD, “Euro vs US Dollar”EURUSD continues forming the third descending wave towards 1.1100; right now, it is consolidating above 1.1170. Possibly, the pair may correct to reach 1.1220 and then fall towards 1.1155. Later, the market may test 1.1170 from below and then resume trading downw...

Gold looking towards $1800 The gold price is pushing higher once again in today’s trading session, following on from last Friday’s gains as some in the market raise fears about the recovery of the global economic recovery due to the effects of the coronavirus, with the main worries attributed to the...

19.06.2020EURUSD, “Euro vs US Dollar”EURUSD has expanded the consolidation range down to 1.1185. Possibly, today the pair may grow to test 1.1222 from below and then resume trading downwards with the short-term target at 1.1100.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD continues forming the t...

18.06.2020EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.1222. Possibly, the pair may expand the range up to 1.1290 and then fall to break 1.1200. Later, the market may continue trading downwards with the short-term target at 1.1160.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD...

17.06.2020EURUSD, “Euro vs US Dollar”After finishing another descending wave at 1.1227, EURUSD is correcting. Possibly, the pair may reach 1.1280 and then fall to break 1.1222. Later, the market may continue trading downwards with the short-term target at 1.1178.GBPUSD, “Great Britain Pound vs US Do...

16.06.2020EURUSD, “Euro vs US Dollar”After finishing the correctional wave at 1.1340, EURUSD is expected to fall towards 1.1307, thus forming a new consolidation range between these two levels. If later the price breaks the range to the downside, the market may form a new descending structure to bre...

15.06.2020EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.1220, EURUSD is correcting towards 1.1307. Later, the market may fall to reach 1.1259 and then grow to complete the correction at 1.1338. After that, the instrument may start a new decline with the target at 1.1200.GBPUSD,...

12.06.2020EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.1313, EURUSD is consolidating below this level. If later the price breaks the range to the upside, the market may resume trading upwards to reach 1.1350; if to the downside – start a new decline with the short-term target ...

11.06.2020EURUSD, “Euro vs US Dollar”After expanding the range up to 1.1420, EURUSD is correcting downwards. Possibly, the pair may fall to reach 1.1330, thus forming a consolidation range around 1.1360. If later the price breaks the range to the upside, the market may resume trading upwards to reac...

10.06.2020EURUSD, “Euro vs US Dollar”After extending the descending impulse towards 1.1240, EURUSD has completed the ascending structure at 1.1360, thus forming a new consolidation range between these two levels. Possibly, today the pair may fall to reach 1.1300. If later the price breaks the range ...

09.06.2020EURUSD, “Euro vs US Dollar”After finishing the descending impulse at 1.1270, EURUSD is expected to correct with the target at 1.1330; right now, it is consolidating around 1.1290. If later the price breaks the range to the upside, the market may reach the above-mentioned target; if to the ...

08.06.2020EURUSD, “Euro vs US Dollar”After finishing another ascending structure at 1.1380, EURUSD is correcting downwards to reach 1.1270. Possibly, the pair may reach this level and then grow towards, thus forming a new consolidation range between these two levels. If later the price breaks the ra...

05.06.2020EURUSD, “Euro vs US Dollar”After finishing the correction at 1.1192, EURUSD continues moving upwards to reach 1.1360; right now, it is consolidating above 1.1310. Possibly, the pair may break the range to the upside and reach 1.1380 or even extend this wave up to 1.1412. After that, the in...

04.06.2020EURUSD, “Euro vs US Dollar”After reaching the target of the third ascending wave at 1.1255, EURUSD is falling towards 1.1209. After that, the instrument may correct to reach 1.1233, thus forming a new consolidation range between these two levels. If later the price breaks the range to the ...