EURUSD reached target levels and remained within the range of 1.1100-1.1200. Now the pair is consolidating in a narrow channel between 1.1155 and 1.1180. In case of exit from the channel up, the new target levels may be 1.1200 and 1.1235. In case of downward movement, the closest targets will be 1.1125 and 1.1100.
GBPUSD also reached lower target levels and found a balance near the level of 1.2245. In the case of continued downtrend, the target levels for today will be 1.2200 and 1.2165. If we see a correction up, the nearest targets will be levels 1.2300 and 1.2340.
USDCHF reached the lower target level of 0.9400, but could not overcome it. Now the pair is consolidating between 0.9495 and 0.9445. In case of exit up from this range, the target levels may be 0.9545 and 0.9570. In the case of a downward movement, the targets will be 0.9400 and 0.9375.
USDJPY corrected up, but could not gain a foothold above the level of 106.90. If today the pair again tries to break the level of 106.90 from below, then the closest targets may be 107.35 and 107.75. In case decline wave, the target levels will be 106.30, 106.05 and further – 105.65.
AUDUSD again failed to break down the level of 0.6092. If today the downward movement gains strength, the target level below may be 0.6025. In case of correction upwards, 0.6170 and 0.6212 will become possible targets.
USDRUB did not go beyond the level of 75.50, although there was an opportunity for this, and rolled back to the level of 73.75. Today a speculative decline to the level of 72.70 is possible. The prerequisites for growth are insignificant, and the level of 74.00 today looks the maximum possible.
USDCAD was able to break through the level of 1.4000 and even tried to gain a foothold above it, but there were too many positions to sell, and now the pair has found balance near the level of 1.3975. If the upward trend continues, the possible targets will be levels 1.4020 and 1.4055. But lower levels look more possible today: 1.3945 and 1.3915.
Yesterday gold surprisingly easily overcame the level of 1485.00 and showed its current ability to decrease – the level of 1451.00. Now the instrument has returned to balance around the level of 1500.00. If the downtrend continues, the target levels will be: footing level 1485.00, yesterday’s minimum – 1451.00 and further – 1440.00. In case of an upward correction, targets may be the levels of 1518.00 and 1527.00.
After a serious decline to the level of 29.00, Brent rolled back to 31.00. Today the growth of the instrument to the level of 32.00 looks more possible. If the decline continues, the possible target will be yesterday’s low at 29.00.
BTCUSD could not fall below the level of 4413.00 and rolled back to 5300.00. If the correction continues, the targets may be the levels of 5670.00 and further – 5955.00. If the mood for the pair’s decline is strong enough, the possible targets would be 5041.00, 4742.00 and 4413.00.
Forecasts should not be considered as guidance for trading.