Amid fundamental factors, EURUSD is trading in a wide range between 1.1200 and 1.1100. These levels will become indicators of the further movement of the pair. In case of breaking down through the lower border of the channel, the target levels will be 1.1070 and 1.1040. In case of breaking up through the upper border, the targets may be 1.1245 and 1.1280. If the pair continues to trade today within the range, then the footing levels will be 1.1130, 1.1155 and 1.1180.
GBPUSD is consolidating around the level of 1.2335. If the downtrend continues, the target levels may be 1.2245 and 1.2201. If the upward correction gains strength, then the targets will be 1.2400 and 1.2445.
USDCHF moves within borders of the channel 0.9545 and 0.9445. Now the pair has found balance near 0.9500. In case of breaking down through the lower border of the channel, the targets may be the levels of 0.9400 and 0.9375. In case of a breaking through the channel upwards, 0.9575 and 0.9600 may become targets, although it will not be easy to overcome the level of 0.9545.
The Japanese yen also reacted to fundamental factors and showed possible lower target levels for today – 106.30 and 105.65. Continuation of the upward trend is not very possible today, but the nearest growth targets for today are the levels of 106.90 and 107.35.
AUDUSD continues to decline. Now the pair is trading in a wide range between 0.6170 and 0.6092. In case of exit from the channel up, the target levels may be 0.6212 and 0.6240. If the trend continues, the next target may be the level of 0.6025. Trading within the channel with the target at the level of 0.6123 is also interesting.
USDRUB today will again be trading on peaks. At the market opening the price is expected around the levels of 75.00-75.50. Possible growth limit for today is the level of 76.30. Target lower levels are 74.80 and 74.50.
The Canadian dollar, after losing positions reached last week, again demonstrates the preconditions for growth. If the growth potential is significant, today we can see the levels of 1.3915 and 1.3945. But the most probable targets for today are the levels of 1.3850 and 1.3820.
Throughout the night gold was seeking balance after the gap at the market opening. As a result, the price has stabilized in the range between 1550.00 and 1535.00. If the trend continues down, the possible target levels will be 1527.00, 1510.00 and further – 1498.00. In case of breaking up through the level of 1550.00, the targets may become the levels of 1563.00 and 1575.00.
Brent continues to fall. The psychologically important level of 32.00 so far restrains further downward movement, but with the opening of the European trading session it is possible to decline to the level of 31.00. In case of an upward correction, the targets for today will be the levels of 32.75 and 33.50.
BTCUSD again turned down with its nearest target at 4740.00 and further at 4400.00. In case of an upward correction, targets may be the levels of 5370.00 and 5670.00.
Forecasts should not be considered as guidance for trading.