EURUSD is stable – after technical fluctuations to the lower target levels, the pair returned to a narrow range between the levels of 1.1040 and 1.1010. If the pair leaves the range up, the possible target levels for today will be 1.1070 and 1.1105. If the pair goes out of the range down, then the targets may be the levels of 1.0980 and 1.0950.
GBPUSD is moderately volatile, compared to last week’s movements. After reaching all the upper target levels, the pair found a balance between 1.2405 and 1.2360. If the pair goes out of the range downward, then the possible targets for today will be levels 1.2300 and 1.2245. If the pair leaves the range up, the nearest targets for growth may be the levels of 1.2448 and 1.2485.
USDCHF finds new footing levels – after touching 0.9885, the pair headed down and found equilibrium near the level of 0.9615. A signal to a further decrease will be a breaking through the level of 0.9598 down, and the levels of 0.9545 and 0.9501 may become targets. In case of resumption of upward movement, the nearest targets will be the levels of 0.9660 and 0.9685, after which the possibility of growth to the level of 0.9730 will be opened.
USDJPY is trying to leave the range between the levels of 107.35 and 107.77. If the pair overcomes the upper border, then the nearest growth targets may be the levels of 108.27 and 108.72. If the lower border of the range is broken through, today targets may be levels 106.90 and 106.60.
AUDUSD tried to fall below the target level of 0.6092 for several times, but unsuccessfully. Now the pair is trading in a narrow range between the levels of 0.6122 and 0.6155. If the pair leaves the range up, the nearest targets may be the levels of 0.6170 and 0.6200, after which the opportunity for growth to 0.6240 will be opened. If the pair leaves the range down, today’s targets may be the levels of 0.6092 and 0.5985.
USDRUB finished trading slightly below the target level of 78.20 yesterday. Today trading is expected to open near the levels of 78.50-78.80. In general, the growth potential of the pair is limited by the level of 80.00, and today we are unlikely to see growth above 79.40. With supports at 78.00 and 77.35, a complete picture of the opportunities for today is taking shape.
USDCAD surprised yesterday, reaching both the upper and lower target levels. The possible range of fluctuations of the pair now is almost 350 points – from 1.4000 to 1.4345. The current equilibrium near the level of 1.4100 will not be long, and today we are likely to see a decline to the levels of 1.4055 and 1.4015. If the pair works out a rebound from the lower border of the ascending channel, then the levels of 1.4145 and 1.4182 will become potential targets for growth today.
Gold is moving, finally. The current narrow range between the levels of 1575.00 and 1587.00 makes it possible to plan possible scenarios. If the instrument moves out of the range upwards, the possible targets for today will be the levels of 1598.00 and 1611.00. In case of exit from the range down, the target levels will be 1557.00 and 1545.00.
The current Brent price at 23.00 quickly became habitual to market participants, which seemed unbelievable just two weeks ago. We will not look far ahead, but focus at the current trading opportunities. The lower target for today may be the level of 22.30 with the potential to decline to 22.00. The upper technical targets today may be the levels of 23.70 and 24.30.
Bitcoin has gone down for one level, compared with yesterday morning. However, all target levels remain actual: 6283.00 and 6088.00 – at the bottom; 6532.00 and 6632.00 – at the top.
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Forecasts should not be considered as guidance for trading.