EURUSD, “Euro vs US Dollar”
EURUSD has reached another downside target; right now, it is consolidating bear the lows. If later the price breaks this range to the upside, the instrument may be corrected to reach 1.1197; if to the downside – resume trading inside the downtrend with the target at 1.1140.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is still moving downwards. Today, the pair may reach 1.2604 and then form one more ascending structure towards 1.2677. Later, the market may resume trading inside the downtrend with the target at 1.2545.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has completed its ascending structure; right now, it is being corrected downwards to reach 1.0053. After that, the instrument may resume trading upwards with the short-term target at 1.0120.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is still consolidating around 109.65 without any particular direction. If later the price breaks this range to the upside, the instrument may be corrected to reach 109.80; if to the downside – resume trading inside the downtrend with the target at 108.50.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating below 0.6930. Possibly, the pair may expand the range both downwards and upwards, to 0.6900 and 0.6952 respectively. If later the price breaks this range to the upside, the instrument may continue the correction to reach 0.7000; if to the downside – resume trading inside the downtrend with the target at 0.6800.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 64.56. Possibly, today the pair may expand the range towards 64.79 and then form a new descending structure to break 64.40. Later, the market may continue trading inside the downtrend with the target at 63.90.
XAUUSD, “Gold vs US Dollar”
Gold has reached another downside target. Today, the pair may be corrected towards 1284.28 and then start a new decline with the short-term target at 1270.47.
BRENT
Brent has broken 69.13 upwards; right now, it is moving upwards with the short-term target at 70.89. Later, the market may start another correction to reach 69.15 and then resume trading upwards with the first target at 71.30.
