EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, EURUSD has rebounded from the support at 0/8. In this case, the price is expected to continue trading upwards to reach 3/8. However, this scenario may no longer be valid if the price breaks 1/8 to the downside. After that, the instrument is expected to continue falling to reach the support at -1/8.

In the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue trading upwards to reach 3/8 from the H4 chart

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, the pair is trading below 3/8. In this case, GBPUSD is expected to test this level, rebound from it, and then resume falling towards the support at 0/8. However, this scenario may no longer be valid if the price breaks 3/8 and fixes above it. After that, the instrument is expected to continue growing to reach the resistance at 5/8.

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, may continue trading downwards to reach 0/8 from the H4 chart.

EURUSD, “Euro vs US Dollar”

EURUSD has completed another ascending impulse towards 1.1038; right now, it is correcting towards 1.1013. After that, the instrument may form one more ascending structure to break 1.1038 and then continue growing with the target at 1.1060.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has returned to 1.3085; right now, it is consolidating near the highs. Possibly, the pair may form a new descending structure towards 1.3040 and then start another growth with the target at 1.3090.

USDCHF, “US Dollar vs Swiss Franc”

After finishing the descending structure towards 0.9680, USDCHF has completed the correction at 0.9700. Later, the market may start a new decline with the target at 0.9661.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is still consolidating around 108.99. Possibly, today the pair may expand the range up to 109.39 or even 109.57 to test it from below. Later, the market may resume falling inside the downtrend with the target at 108.03.

AUDUSD, “Australian Dollar vs US Dollar”

After breaking 0.6733, AUDUSD has completed the descending structure towards 0.6707. Today, the pair may grow to test 0.6733 from below and then resume trading downwards with the target at 0.6688.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is moving upwards. Possibly, the pair may reach 63.50 and then form a new descending structure to break 62.90. Later, the market may resume trading downwards with the first target at 62.38.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is falling towards 1.3188 and may later start a new correction to reach 1.3206, thus forming a new consolidation range. If the price breaks this range to the downside, the market may form a new descending structure to reach 1.3170; if to the upside – resume growing with the target at 1.3250.

XAUUSD, “Gold vs US Dollar”

Gold is moving downwards. Possibly, the pair may break 1570.84. The downside target is at 1560.00.

BRENT

Brent is growing towards 58.87. Today, the pair is expected to form a new consolidation around this level. If later the price breaks this range to the upside, the market may continue trading upwards with the target at 60.75.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD has reached 9500.00; right now, it is moving downwards. The main scenario implies that the pair may fall to reach 9050.00 and then start a new correction towards 9250.00. After that, the instrument may continue falling with the target at 8500.00.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6715; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6775 and then resume moving downwards to reach 0.6575. Another signal to confirm further descending movement is the price’s rebounding from the resistance level. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6845. In this case, the pair may continue growing towards 0.6935.

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6481; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6545 and then resume moving downwards to reach 0.6375. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6585. In this case, the pair may continue growing towards 0.6675.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3210; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3165 and then resume moving upwards to reach 1.3355. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 1.3075. In this case, the pair may continue falling towards 1.2995. After breaking the descending channel’s upside border and fixing above 1.3255, the price may continue moving upwards.

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, EURUSD is forming the descending tendency. Right now, EURUSD has completed several reversal candlestick patterns, such as Harami, close to the channel’s upside border. We may assume that later the price may reverse and continues its decline to reach the support level at 1.0955. However, one shouldn’t exclude a possibility that the price may form a pullback and reach 1.1075.

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY is moving near the rising channel’s downside border, where it has formed several reversal patterns, such as Engulfing. The current situation implies that the pair may reverse and resume growing to reach 109.65. At the same time, the pair may choose another scenario, according to which it is expected to continue falling towards 108.45.

BTCUSD, “Bitcoin vs US Dollar”

As we can see in the H4 chart, after reaching 38.2% fibo, BTCUSD is trying to get to 50.0% fibo. At the same time, there is a divergence on MACD, which may indicate a possible pullback soon. The support is at 23.6% fibo (8184.75).

In the H1 chart, after the pair had reached the upside post-correctional extension area between 138.2 and 161.8% fibo at 9552.55 and 9783.85 respectively, there was a divergence on MACD, which made it start a new pullback. The targets of this pullback may be 23.6%, 38.2%, and 50.0% fibo at 9248.00, 9051.40, 8893.30 respectively. The resistance is the local high at 9564.80.

ETHUSD, “Ethereum vs. US Dollar”

As we can see in the H4 chart, after updating the high, ETHUSD is trying to fix above 23.6%. the next upside target is 38.2% fibo at 210.20. At the same time, there is a divergence on MACD.

In the H1 chart, the pair is growing towards the local post-correctional extension area between 138.2 and 161.8% fibo at 188.05 and 193.65 respectively.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6763; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6800 and then resume moving downwards to reach 0.6655. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6835. In this case, the pair may continue growing towards 0.6925.

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6532; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6555 and then resume moving downwards to reach 0.6385. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6615. In this case, the pair may continue growing towards 0.6705.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3161; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3115 and then resume moving upwards to reach 1.3335. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 1.3065. In this case, the pair may continue falling towards 1.2995. After breaking the descending channel’s upside border and fixing above 1.3255, the price may continue moving upwards.

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY is consolidating. In this case, the price is expected to break 4/8 and then continue growing to reach the resistance at 5/8. However, this scenario may no longer be valid if the price breaks 3/8 to the downside. After that, the instrument may start a new decline towards the support at 1/8.

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.

USDCAD, “US Dollar vs Canadian Dollar”

In the H4 chart, USDCAD has rebounded from the strong resistance at 8/8. In this case, the pair may resume falling to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks 8/8 to the upside. After that, the instrument may continue growing towards the resistance at +1/8.

As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 6/8 from the H4 chart.

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, the sideways movement within the ascending tendency continues. By now, XAUUSD has completed several reversal patterns, such as Shooting Star, close to the rising channel’s upside border. At the moment, the pair is reversing. Later, the market may form a slight correction and then continue moving to reach 1545.00. However, one shouldn’t ignore another scenario, according to which the instrument may continue the ascending tendency towards 1545.00 without any corrections.

NZDUSD, “New Zealand vs. US Dollar”

As we can see in the H4 chart, the pair is moving near the support level, where it has formed several reversal patterns, including Hammer. At the moment, NZDUSD is expected to reverse; the closest upside target may be at 0.6575. At the same time, one shouldn’t exclude an opposite scenario, according to which the instrument may fall to reach 0.6508.