EURUSD has not been able to continue the upward movement of Friday and is now correcting down. Now the pair is limited by the level of 1.1085, from which a new growth impulse is expected during the European session to the levels of 1.1125 and 1.1147, with the growth potential to 1.1175. In case of a longer downward correction, the possible targets for today will be the levels of 1.1020 and 1.0980.
GBPUSD is also correcting an uptrend. The nearest reference today will be the level of 1.2335. In case of breaking through this level down, the following targets may be levels 1.2300 and 1.2245. In case of resumption of growth, possible targets will be levels 1.2405-1.2448-1.2500.
USDCHF habitually mirrors the European currency and is now trading slightly above 0.9545. In case of return to a downtrend, the possible targets for today will be the levels of 0.9485 and 0.9433. If the upward correction will be longer, then we will look for targets near the levels of 0.9600 and 0.9650.
USDJPY did not reach the psychologically important level of 107.00 and rebounded to 107.55 in search of a new impulse to reduce. In case of resumption of the downward movement during the European session, the nearest target will again be the level of 107.00, after which the potential for falling to the levels of 106.75 and 106.30 will be opened. If current upward correction continues, then we will consider the levels 107.77 and 108.15 as the nearest targets.
AUDUSD is looking for a direction of movement and is now consolidating in the channel between the levels of 0.6170 and 0.6125. If the pair exits the channel up, the possible targets for today will be the levels of 0.6200 and 0.6240. If the pair exits the channel down, the potential target levels will be 0.6090 and 0.6023.
USDRUB has to go through a big volatility today. The opening of trading is expected around levels 82.50-82.80, and without the intervention of the central bank, the Russian currency today may fall in price to the levels of 83.50-83.90. The lowest possible border today must be sought around the levels of 81.80-81.30.
USDCAD is consolidating near the level of 1.4055. Today it is very possible that the decline will continue to levels 1.4015-1.3985-1.3920. In case of correction upwards, the possible targets will be levels 1.4095 and 1.4120.
Gold, as before, cannot overcome the level of 1641.00. The current rollback to the level of 1611.00 may mean the beginning of a decline to 1598.00 and 1587.00. In case of new growth attempts, the nearest targets will remain at the levels of 1626.00 and 1641.00.
Brent broke another “bottom” and expects the start of European trading session around the level of 23.60. In current conditions we can focus only on the “round” lower levels with step of 0.5 US dollar: 23.00 and 22.50. In case of an upward correction, targets may be levels 24.50 and 25.20.
After the breaking through the strong support at 6088.00 down, Bitcoin is now trying to save its position and not to fall below the level of 5845.00. The most possible scenario for today is a continue of current decline to the levels of 5688.00 and 5557.00. In case of growth above the level of 6088.00, the nearest targets may be the levels of 6283.00 and 6440.00.
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Forecasts should not be considered as guidance for trading.