EURUSD, “Euro vs US Dollar”
EURUSD has almost completed the ascending wave. Possibly, today the pair may form a new descending structure towards 1.1240 and then start a new growth to reach 1.1277. Later, the market may continue trading inside the downtrend with the first target at 1.1182.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is forming the fifth ascending structure. Today, the pair may reach 1.3105 and then continue falling with the first target at 1.3026.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is trading downwards to break 0.9988. Possibly, the pair may reach 0.9965 and then resume growing with the short-term target at 1.0025.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is forming the first descending wave with the target at 111.25. Later, the market may form one more ascending structure towards 111.52 and then start another decline with the short-term target at 111.00.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is still consolidating around 0.7090. According to the main scenario, the pair is expected to fall towards 0.7035. After that, the instrument may break this level and continue trading inside the downtrend with the target at 0.6965.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is trading downwards. Today, the pair may break 65.05 and then continue falling with the short-term predicted target at 64.54.
XAUUSD, “Gold vs US Dollar”
Gold is being corrected. Possibly, today the pair may reach 1305.33 and then form a new descending structure towards 1295.10. Later, the market may continue growing to reach 1308.38 and then resume trading inside the downtrend with the target at 1274.15.
BRENT
Brent is trading upwards; it has broken 71.00 and may continue growing to reach 72.87. After that, the instrument may start a new decline towards 70.99 and then form one more ascending structure with the target at 73.05.
