EURUSD, “Euro vs US Dollar”
After an unsuccessful attempt to overcome the upper border of the consolidation range and a rebound from 1.0940, EURUSD broke through 1.0896. Perhaps, today the pair will continue to fall and reach 1.0857. After that the instrument can form another ascending structure to return to 1.0896.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has reached the short-term rise target at 1.2988. Now there is a correction to 1.2940. The main scenario implies that the price may complete the correction and then continue to move up with the target of 1.3012.
USDCHF, “US Dollar vs Swiss Franc”
After expanding the range to 0.9740, the price of USDCHF returned to the upper border at 0.9777. Perhaps, today the pair may form a new range of consolidation near the highs. After that the instrument can break through the level of 0.9790 and continue to trade with the target of 0.9818.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is still consolidating. Today the pair can test 109.76 from above and then start another upward movement to 110.22.
AUDUSD, “Australian Dollar vs US Dollar”
After reaching the predicted target at 0.6745, AUDUSD returned to 0.6707. Perhaps, today the pair can continue to trade up, reaching the level of 0.6736, and then begin a new downward movement with the target of 0.6680.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB consolidates below 63.27. Perhaps, today the pair may rise to 63.80, and then begin a new decline with the target of 61.85.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD closed the downward movement at 1.3235. Now it is correcting to 1.3280, thus forming a new range of consolidation between the two levels. If later the price breaks this range downward, the instrument may start a new movement in the direction of 1.3150; if upward, another upward movement may begin to reach 1.3348.
XAUUSD, “Gold vs US Dollar”
Gold completed the upward movement to 1572.10. Now the price is consolidating around this level. If later the price breaks down the range at the level of 1569.90, the instrument may begin a new decline to 1558.44.
Brent moves up to reach level 56.20. Perhaps, the pair can reach this level and then start another correction in the direction of 55.05. Later the market may form another upward movement with the target at 57.12.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is still consolidating around 10300.00. According to the main scenario, the pair can expand the range to 10900.00, and then resume falling to break through 9600.00. After that the instrument can continue the correction with the target at 8400.00.
Forecasts should not be considered as guidance for trading.