EUR / USD, “Euro against US dollar”
After breaking 1.0888 up and then reaching 1.0930, EURUSD has almost completed the upward wave. Today, the pair should form a new consolidation range near the highs and widen it to 1.0960. After that, the instrument can break 1.0920, then resume movement in the downtrend with the first target at 1.0888.
GBP / USD, “British pound against US dollar”
GBP / USD is moving at the top of the rising wave. Maybe the pair could extend the range to 1.2555 and then start another drop with the first target at 1.2140.
USD / CHF, “US dollar against Swiss franc”
After breaking 0.9696 down and reaching 0.9650, the USDCHF has almost completed this downward wave; right now, it’s moving near the lows. Today, the pair could form a new consolidation range and extend it to 0.9635. After that, the instrument can form one more ascending structure with the first objective at 0.9696.
USD / JPY, “US dollar against Japanese yen”
The USD / JPY is consolidating around 108.67. Perhaps today the pair could fall to 108.22 and then expand to 108.67. Later, the market could form a new downward structure around 108.92 and then start new growth with the target at 108.67.
AUD / USD, “Australian dollar against US dollar”
AUDUSD has extended the range to 0.6320. Perhaps today the pair could fall to 0.6200 and then begin new growth around 0.6260. If the price breaks at 0.6200, the instrument could continue to trade downwards with the first objective at 0.6000.
USD / RUB, “US dollar against Russian ruble”
After breaking 74.50 down to 72.70, the USDRUB should continue to fall. According to the main scenario, today the price could test 74.70 from below. If the price rebounds from this level and updates the lows, the market can continue to trade in the downtrend with the target at 71.50. Otherwise, the instrument can start a new correction around 77.00 and then resume trading downwards with the above-mentioned objective.
USD / CAD, “US dollar against Canadian dollar”
USDCAD is trading to break 1.3950 down. The pair may reach the short term goal of 1.3822. After that, the instrument could grow to test 1.3950 from below, then continue to trade lower with the target at 1.3800.
XAU / USD, “Gold against US dollar”
After breaking 1,660.00 and forming an upward continuation pattern, gold reached 1,682.00; right now it is consolidating near the peaks. The main scenario implies that the pair could fall to 1674.00. The first bearish target is at 1660.00.
Brent ended the upwelling around 35.45; right now it is falling to 29.50. Later, the market could grow towards 32.32, thus forming a new consolidation range between these two levels.
BTC / USD, “Bitcoin versus US dollar”
The BTC / USD consolidates around 7200.00. Today, the pair can fall to around 7000.00 and then expand to come back to 7200.00. If the price breaks this lower range later, the market could correct to 6600.00; if on the rise – form one more ascending structure with the target at 7550.00.