EURUSD, “Euro vs US Dollar”
EURUSD is consolidating around 1.1300. Today, the pair may form a new descending structure to reach 1.1275 and then start another growth to return to 1.1300. After that, the instrument may resume falling with the target at 1.1244.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is forming another descending wave towards 1.3021. Possibly, today the pair may reach this level and then start a new growth to reach 1.3044. Later, the market may resume trading inside the downtrend with the target at 1.2987.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF continues moving upwards; right now, it is trading close to the channel’s upside border. Possibly, the pair may fall to reach 1.0085 and then form one more ascending structure towards 1.0128.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is still consolidating around 111.98; right now, it is falling towards 111.79. Later, the market may resume growing to return to 111.98 and then start a new decline with the first target 111.42.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is forming another descending structure towards 0.7153. After that, the instrument may grow to reach 0.7178 and then resume trading inside the downtrend with the target at 0.7077.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still forming the third descending wave. Possibly, today the pair may reach 63.75 and then resume trading upwards with the target at 64.14. Later, the market may start a new decline towards 63.75.
XAUUSD, “Gold vs US Dollar”
Gold is trading downwards to reach 1267.70. After that, the instrument may be corrected towards 1278.67 and then start a new decline with the short-term target at 1260.00.
BRENT
Brent is trading downwards to reach 71.34. Later, the market may growth towards 72.76 and then form a new descending structure with the target at 72.25. Later, the market may start a new growth to reach 73.66.
