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EURUSD has reached all the upper target levels and has now found balance near 1.0800. Today we will pay attention to the level of 1.0780. In case of breaking through it down, possible targets will be the levels of 1.0715 and further – 1.0650. If the pair is unable to gain a foothold below 1.0780, then the target levels will be 1.0830 and 1.0880.
GBPUSD reached one of the lower target levels and returned to the channel between 1.1675 and 1.1522. Thus, yesterday’s expectations again become relevant. Lower targets: 1.1474 and 1.1407. Upper targets: 1.1794 and 1.1850.
USDCHF was unable to exit the channel between the levels of 0.9880 and 0.9793. Now the pair is trading near the level of 0.9793, and in case of breaking it down, the targets may be the levels of 0.9752 and 0.9724. In case of resumption of the upward movement and the breaking through the level of 0.9880, the following targets will be 0.9946 and 1.0015.
USDJPY reached all the upper target levels and returned to the level of 110.20. The picture is similar to yesterday: today the downward movement of the pair is more possible to levels 109.55 and 109.22. In case of renewed growth of the pair, the target levels may be 110.97 and 111.50.
AUDUSD only during the Asian session was able to reach one of the upper target levels, and now the pair is trading around 0.5900. Today the pair may return to the lower levels of 0.5843 and 0.5810. In case of resumption of the upward movement, the targets may be the levels of 0.5960 and 0.6023.
USDRUB fell slightly and reached one of the target levels of 79.40. Today the opening of the market is expected at the same level – 79.40. It is very likely that today’s targets for the Russian ruble will be the levels of 78.90 and 78.20. But in case of renewed downtrend of Oil, the upper target levels may be 79.90 and 80.60.
USDCAD reached only one upper target level and returned to yesterday’s balance around 1.4415. Today the targets of decline may be the levels of 1.4348 and 1.4275. If the upward movement resumes and the level 1.4475 is broken through, then the possible targets will be levels 1.4530 and 1.4601.
Gold exceeded expectations and broke through all the upper target levels. Now the instrument is trading above the level of 1563.00 and demonstrates its intentions to grow further – to the levels of 1587.00 and 1598.00. However, if the level of 1563.00 is broken down, then the targets will be the levels of 1550.00 and 1535.00.
Brent rose overnight, but could not rise above 28.45. During the European session, repeated attempts to break through this level are possible, and if successful, the target may be the level of 29.00. If the instrument gains a foothold below the level of 28.00, then the closest targets will be levels 27.15 and 26.35.
Bitcoin also exceeded expectations, breaking through all the upper target levels, and found a new trading range – between the levels of 6438.00 and 6632.00. If the instrument leaves the range up, the target levels may be 6840.00 and 6995.00. If the instrument exits the range down, the possible targets would be levels 6283.00 and 6088.00.
Forecasts should not be considered as guidance for trading.