EURUSD, “Euro vs US Dollar”
EURUSD has reached its upside target; it has formed another consolidation range around 1.1538 and broken it upwards. Today, the pair may fall to return to 1.1538 and then form one more ascending structure towards 1.1555. If later the instrument breaks 1.1570 to the upside, the price may continue the correction and extend this wave towards 1.1700; if 1.1538 to the downside – resume falling with the target at 1.1500.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is still consolidating above 1.2758. Possibly, today the pair may test this level from above and then continue growing with the target at 1.2810. After that, the instrument may be corrected towards 1.2705.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has completed the descending wave. Today, the pair may grow towards 0.9745 and then resume falling to reach 0.9725. If later the instrument breaks this range to the upside, the price may form one more ascending structure towards 0.9820. The first target is at 0.9777.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is trading downwards. Possibly, today the pair may fall with the short-term target at 107.40. Later, the market may start a new growth to reach 108.20 and then continue trading inside the downtrend with the first target at 117.25.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is trading upwards. Today, the pair may reach 0.7212 and then resume falling to break 0.7122. After that, the instrument may continue trading inside the downtrend with the target at 0.7020.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is trading downwards. Possibly, the pair may fall towards 66.50 and then start a new correction with the target at 67.27. Later, the market may break this level and continue growing to reach 68.14.
XAUUSD, “Gold vs US Dollar”
Gold is trading upwards. Possibly, the pair may reach 1303.30. Later, the market may fall towards 1291.70 and ten form one more ascending structure to reach 1295.90, thus forming a new consolidation range. If the instrument breaks this range to the downside, the price may start a new correction with the target at 1260.00.
BRENT
Brent has reached the short-term upside target. Today, the pair may reach 61.85. After that, the instrument may be corrected towards 59.50 and then continue growing with the first target at 63.60.
