EURUSD, “Euro vs US Dollar”
After reaching the predicted upside target, EURUSD is consolidating around 1.0860. Possibly, today the pair may expand the range up to 1.0880 and then form a new descending structure to break 1.0842. After that, the instrument may continue the correction towards 1.0818.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD has completed the correction at 1.2925; right now, it is consolidating around this level. If later the market breaks this range to the upside, the price may start a new growth to reach 1.2978 or even 1.3003. After that, the instrument may resume trading downwards with the target at 1.2833.
USDCHF, “US Dollar vs Swiss Franc”
After reaching the predicted correctional target, USDCHF is consolidating around 0.9781. Possibly, the pair may fall towards 0.9760. However, if the price breaks this range to the upside, the market may one more ascending structure to reach 0.9850 and then continue the uptrend towards 0.9890.
USDJPY, “US Dollar vs Japanese Yen”
After breaking 111.30 and then reaching 110.30, USDJPY has completed the ascending impulse; right now, it is consolidating at the top. The main scenario implies that the price may resume trading upwards to reach 111.30 and then form a new descending structure with the target at 110.80.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is still consolidating around 0.6602 without any particular direction. If later the price breaks this range to the upside, the market may start a new correction towards 0.6666; if to the downside – resume trading inside the downtrend with the target at 0.6540.
USDRUB, “US Dollar vs Russian Ruble”
After forming the consolidation range around 64.30 and breaking it to the upside, USDRUB has reached 65.50. Today, the pair may consolidate around this level and then break the range to the downside. After that, the instrument may resume trading inside the downtrend with the target at 64.30.
USDCAD, “US Dollar vs Canadian Dollar”
After expanding the range up to 1.3305, USDCAD has reached 1.3246. If later the price breaks this range to the upside, the market may start a new growth towards 1.3345; if to the downside – resume trading inside the downtrend with the target at 1.3161.
XAUUSD, “Gold vs US Dollar”
Gold has reached the short-term downside target at 1643.35. Possibly, today the pair may form one more ascending structure towards 1663.23 and then resume falling to reach 1639.77. Later, the market may start a new correction to return to 1663.23.
BRENT
After finishing the correction towards 55.05, Brent has completed the ascending impulse; right now, it is consolidating around 56.15. The main scenario implies that the price may break the range to the upside and resume trading upwards with the short-term target at 57.53.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD continues falling towards 9400.00. Later, the market may start another growth to reach 9600.00 and then resume trading downwards with the short-term target at 9200.00.
