EURUSD, “Euro vs US Dollar”
After the correction to 1.0858 EURUSD completed the next downward wave at 1.0830. Perhaps, today the pair may correct to the level of 1.0845, and then start a new decline to break through 1.0820. After that the instrument can continue to trade inside the downtrend with the target at 1.0800.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD completed the correction at 1.3000. Now the pound is moving up to reach the level of 1.3054. Later the market may start a new decline to 1.3027, and then resume trading upwards with the target at 1.3070.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is moving up and can reach the level of 0.9826. After that the instrument can start a new decline to 0.9802, and then go up with the target of 0.9841.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY consolidates around 109.78 without any defined direction. If later the price goes into a downtrend, the instrument may begin to decline to 109.64; if to uptrend – then the target will be at 109.97.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating around 0.6719. Perhaps, the pair will trade up to the level of 0.6730, and then resume the fall, breaking through the level of 0.6700. After that the instrument can continue to move down with a short-term target at 0.6685.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating above 63.33. Perhaps, the pair will break the range down and then continue to trade as part of a downtrend with target at 62.81.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is consolidating around 1.3251. Today the pair may fall to 1.3232, and then grow to 1.3252. Later the market may form a new downward movement with the target at 1.3200.
XAUUSD, “Gold vs US Dollar”
After reaching the target at the level of 1584.58 Gold consolidates above 1579.95 level. Perhaps, the pair can break this range down and then start a new correction in the direction of 1573.20.
Brent reached its top target at 57.50. Probably, today the instrument can correct with the first target at 56.52, and then form another upward movement to 57.00. Later the market may continue to correct with a target at 55.55.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is still correcting with the first target at 9500.00. After that the pair may begin another growth to 9900.00, and then continue to correct with the target at 9200.00.
Forecasts should not be considered as guidance for trading.