EURUSD continues to trade in a narrow range between the levels of 1.0823 and 1.0834. However, this balance will be violated in the near future, and as the main scenario for today we will consider the pair’s growth to the levels of 1.0855 and 1.0873. In case of exit from the range downwards, we will define possible target levels around 1.0806 and 1.0786.
GBPUSD continues to consolidate between 1.2400 and 1.2448. Therefore, yesterday’s targets remain actual. As the main scenario for today, we will consider further growth to the levels of 1.2496 and 1.2520. But if the pair breaks through the level of 1.2400 downwards, then the possible targets will be levels 1.2376 and 1.2354.
USDCHF reached one of the target levels that we defined yesterday, and now the pair has found equilibrium near the level of 0.9757. However, the potential for further growth to the levels of 0.9777 and 0.9792 is still visible on the higher timeframes, so we will not exclude this possibility. If the pair starts to correct downward, we will define possible targets near the levels of 0.9727 and 0.9705.
USDJPY took a break and is trading in a narrow range between the levels of 107.00 and 107.31. However, the triangle on D1 does not lose its relevance, and its broken lower border still gives a signal about a possible decline of the pair to the level of 106.92, after which the potential for further movement to 106.60 and 106.30 will be opened. As possible targets in case of upward correction, we’ll define levels 107.63 and 107.92.
AUDUSD is still limited by the level of 0.6465 from above, and the decline scenario remains actual. Possible targets today may be the levels of 0.6413 and 0.6389. In case of correction upwards from the level of 0.6413, we will look for possible target levels around 0.6436 and 0.6460.
USDRUB ignored changes in the credit policy of the Bank of Russia and worked out the second scenario, which we outlined yesterday. As the main scenario for today we will consider the continued movement of the pair in the corridor between the levels of 74.00 and 75.30.
USDCAD is now limited by the level of 1.4070 from above, and to this level the pair has now approached. Therefore, for today we will plan a decline of the pair to the levels of 1.4030 and 1.4014. Of course, we cannot completely exclude the growth scenario to the levels of 1.4082 and 1.4107, therefore, we will also consider this option.
Gold is attempting to fall below the level of 1695.00, and with the start of the European trading session this can happen. In this case, the possible targets would be levels 1691.00-1687.00-1682.00. In the case of a rebound from 1695.00 upwards, the closest targets may be the levels of 1704.00 and 1710.00.
Brent reached technical support around the level of 22.23 and is now waiting for the opening of European trading. As the main scenario for today, we will consider the growth of the instrument to the levels of 22.94 and 23.59-23.88. A less likely, but possible, scenario may be a decline to 21.87 and 21.50.
Bitcoin is being traded in the upward channel and is now trying to break through its lower border near the level of 7675.00. If successful, we will consider a scenario of decline to the levels of 7606.50 and 7512.00. If a rebound occurs, the nearest targets for growth may be the levels of 7732.00 and 7794.00.
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Forecasts should not be considered as guidance for trading.