EURUSD opened the trading week calmly. Current narrow range between the levels of 1.0801 and 1.0830 will be an indicator of further movement today. If the pair leaves the range up, possible targets will be the levels of 1.0850 and 1.0880. If the pair leaves the range down, we will consider the nearest targets at the levels of 1.0780 and 1.0746.
GBPUSD is also waiting for the start of European trading in the range between 1.2200 and 1.2247. Breaking through the upper border of the range will make it possible to look for nearest growth targets near the levels of 1.2300 and 1.2360. In case of breaking through the lower border of the range, the targets for today may be levels 1.2167 and 1.2120.
USDCHF came close to resistance at 0.9775, but several attempts to break through it from below have failed so far. Nevertheless, during the European trading session, this level can be subdued, and in this case it is possible to continue growth to 0.9800 and further – to 0.9840. If it fails to gain a foothold above the level of 0.9775, then the levels of 0.9730 and 0.9687 may become the nearest targets for decline.
USDJPY has stopped its growth near the level of 108.95. Today we will focus on this level. If the pair manages to gain a foothold above, then levels 109.22 and 109.55 may become possible targets for further growth. In case of a downward correction, the closest target level will be the lower border of the range – 108.72, after which the potential to decline to 108.27 and 107.77 will be opened.
AUDUSD has all the prerequisites for continuing the downward movement. The reference today is the level of 0.5985. In case of breaking through this level down, the following targets may be the levels of 0.5960 and 0.5925. If the pair fails to break through the level of 0.5985, then we will consider the growth scenario to 0.6061 and 0.6090.
Russian ruble today has all chances for strengthening. Opening of trading on USDRUB is expected around the level of 76.20 with the prospect of a decline to 75.50. The upper border is expected today at the level of 77.35.
USDCAD demonstrates its intention to decline to the lower border of its weekly range at 1.4095. Now the pair is approaching the intermediate level 1.4145, after which the path to 1.4095 will be opened. The chances of an upward correction today are small, but growth to the levels of 1.4225 and 1.4260 is possible.
Gold is trading around 1618.00 without any trending signs. Therefore, the possible targets for today are: 1626.00 and 1635.00 – above, 1611.00 and 1598.00 – below.
Brent regains its positions with support of fundamental expectations of market participants. Now the instrument is trying to gain a foothold above the level of 32.60, and if successful, it has all chances to reach level 33.50 today. If the growth potential is not enough today, then a decline to the levels of 32.00 and 31.20 is possible.
Bitcoin is approaching the level of 7000.00 again. Perhaps, this time the instrument will not meet as many SELL orders as in the previous attempt, and the growth potential to 7175.00 will be opened. In case of another bounce from 7000.00, 6839.00 and 6749.00 will be possible targets for decline.
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Forecasts should not be considered as guidance for trading.