EURUSD is trading near the weekly low at 1.0812. For the development of the downward movement, the potential yesterday was not enough, and the level of 1.0803 becomes the closest support for the pair. As the main scenario for today, we will consider further attempts of the instrument to decline. If the price can gain a foothold below the level of 1.0800, then the nearest targets may be the levels of 1.0780 and 1.0757. In case of correction upwards, the possible targets will be the levels 1.0835 and 1.0870.
GBPUSD chose an upward correction yesterday and even slightly exceeded target levels. Now the pair is trading sideways near the level of 1.2330, and as the main scenario for today we will consider the growth of the pair to the levels of 1.2357 and 1.2388. Less possible scenario is a decline to the levels of 1.2300 and 1.2275.
USDCHF is making weak growth attempts, but it is more like technical fluctuations without investors’ interest. However, today we will consider a possible continuation of the upward movement. From the current price of 0.9720, the nearest targets at the top can be the levels of 0.9740 and 0.9762. In case of a downward rollback, we will consider possible targets near the levels of 0.9705 and 0.9680.
USDJPY is working out technical levels and is now trading in a narrow range between the levels of 107.65 and 107.85. If the pair leaves the range up (the main scenario), the nearest targets may be the levels of 108.00 and 108.08, after which the potential for further growth to the level of 108.47 will be opened. If the pair leaves the range down, possible targets will be levels 107.48 and 107.25-107.16.
AUDUSD worked out the upper target levels and again returned to the level of 0.6300. Thus, we will just slightly correct yesterday’s targets: 0.6325 and 0.6350 – at the top, 0.6280 and 0.6253 – at the bottom.
USDRUB was supported by rising oil prices and the pair did not dramatically rise. Today the opening of trading is expected around the level of 75.75-75.63 with the potential to decline to 75.35-75.20. In case of an upward correction, possible targets would be levels 76.20-76.44.
USDCAD chose the lower target levels, which were achieved. Today the pair can go from the current level of 1.4130 to the supports of 1.4115 and 1.4100 without any difficulties, after which the potential for movement to the level of 1.4065 will be opened. In case of an upward correction, targets may be levels 1.4153 and 1.4195.
Gold worked out both the lower and upper target levels. Further price growth constrained by the level of 1717.50, after which the levels of 1721.00-1726.00-1730.00 can become targets. If the price drops below the level of 1704.00, then we will consider possible targets near levels 1695.00 and 1691.50.
Brent fully compensated its price losses and returned to its current level of 26.30. With the start of European trading, the price may be adjusted down to the levels of 25.63 and 25.04. The upper targets for today we will define around the levels of 27.08 and 27.95.
Bitcoin has returned to the prices of beginning of the week and is now trading in the range between 7112.00 and 7136.00. If the price goes out of the range upwards, the nearest targets may be the levels of 7183.00 and 7220.00. If the lower border of the range is broken through, then we will look for possible targets near the levels of 7016.00 and 6957.00.
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Forecasts should not be considered as guidance for trading.