EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is moving not far from the “oversold area”. In this case, the pair may test 0/8, rebound from it, and then resume growling towards the resistance at 1/8. However, this scenario may no longer be valid if the price breaks 0/8 to the downside. After that, the instrument may continue falling to reach the support at -1/8.

As we can see in the M15 chart, the pair is moving quite far away from the upside line of the VoltyChannel indicator, that’s why only a rebound from 0/8 from the H4 chart may confirm further growth.

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, GBPUSD is trading not far from the downside border of the range at 3/8. The main scenario implies that the pair may test this level, rebound from it, and then resume falling towards the support at 2/8. However, this scenario may no longer be valid if the price breaks the resistance at 3/8 to the upside. After that, the instrument may continue growing to reach 4/8.

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

EURUSD, “Euro vs US Dollar”

After finishing the correction at 1.0844 and then rebounding from this level, EURUSD continues forming the fifth descending wave with the target at 1.0747; it has already completed the descending impulse at 1.0775. Possibly, the pair may form a new consolidation range around this level, which may be considered as a downside continuation pattern. Later, the market may break 1.0760 downwards and continue falling to reach the above-mentioned target or even extend this wave down to 1.0700.

GBPUSD, “Great Britain Pound vs US Dollar”

After completing the correction at 1.2420, GBPUSD is falling towards 1.2300. Possibly, today the pair may reach it and then start a new correction towards 1.2355. After that, the instrument may start another decline to break the short-term target at 1.2255 and then continue moving downwards to reach 1.2190.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is forming a new descending impulse towards 73.50 and may later grow to reach 75.50, thus forming a new consolidation range. If later the price breaks this range to the downside, the market may resume trading inside the downtrend to break 71.55 and then continue falling with the target at 69.55.

USDJPY, “US Dollar vs Japanese Yen”

After finishing the ascending structure towards 107.97 along with the descending impulse at 107.50, USDJPY is consolidating around 107.60. Possibly, the pair may break the range to the downside to reach 107.17. After that, the instrument may resume growing with the target at 108.55.

USDCHF, “US Dollar vs Swiss Franc”

After rebounding from 0.9710, USDCHF continues growing with the target at 0.9785. Later, the market may correct towards 0.9750 and then form one more ascending structure to reach 0.9800.

AUDUSD, “Australian Dollar vs US Dollar”

After finishing the correction at 0.6400, AUDUSD is falling towards 0.6288. After that, the instrument may correct to reach 0.6340 and then resume trading inside the downtrend with the short-term target at 0.6233.

BRENT

Brent is consolidating around 25.00. Today, the pair may form one more ascending impulse towards 27.05 and then fall to return to 25.00 or even start a new correction with the target at 21.00. However, if the price grows and breaks 27.05, the market may resume trading upwards with the first target at 34.34.

XAUUSD, “Gold vs US Dollar”

Gold is still consolidating around 1729.50. Today, the pair may break the range to the downside and fall with the first target at 1702.70. After that, the instrument may start another growth to reach 1720.40.

BTCUSD, “Bitcoin vs US Dollar”

After reaching the target at 7550.00, BTCUSD is consolidating at this level. According to the main scenario, the price may start a new correction to reach 6700.00 and then form one more ascending structure towards 8500.00.

S&P 500

After finishing the ascending impulse at 2845.0, S&P 500 has completed the correction towards 2772.3. Possibly, today the price may resume growing towards 2927.5 and then start another correction with the target at 2660.5.

XAUUSD, “Gold vs US Dollar”

XAUUSD is trading at 1724.00; the instrument is moving above Ichimoku Cloud, thus indicating a bullish tendency. The markets could indicate that the price may test the cloud’s downside border at 1710.00 and then resume moving upwards to reach 1775.00. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 1685.00. In this case, the pair may continue falling towards 1625.00.

EURUSD, “Euro vs US Dollar”

EURUSD is trading at 1.0762; the instrument is moving below Ichimoku Cloud, thus indicating a bearish tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0785 and then resume moving downwards to reach 1.0675. 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 1.0845. In this case, the pair may continue growing towards 1.0925.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is trading at 7482.00; the instrument is moving above Ichimoku Cloud, thus indicating a bullish tendency. The markets could indicate that the price may test the cloud’s upside border at 7325.00 and then resume moving upwards to reach 7925.00. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 7005.00. In this case, the pair may continue falling towards 6405.00.

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, XAUUSD is moving not far from the strong resistance at 8/8. In this case, the price is expected to test this level, rebound from it, and then resume falling towards 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 to reach the resistance at +1/8.

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue the descending tendency.

XAUUSD, “Gold vs US Dollar”

In the H4 chart, XAUUSD is moving close to 7/8. In this case, the price is expected to break this level and then continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks the support at 6/8 to the downside. After that, the instrument may fall to return to 5/8.

As we can see 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 8/8 from the H4 chart.

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, the pair is forming an ascending tendency. At the moment, after completing an Engulfing pattern and then attempting to reverse, AUDUSD is correcting. The upside target may be at 1.4320. At the same time, there might be another scenario, which implies that the instrument may fall towards the support level at 1.4000.

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, the pair is still correcting within the ascending tendency. After completing a Doji pattern not far from the support level, the price is expected to reverse and then resume growing. the upside target remains at 0.6550. Still, the instrument may choose an opposite scenario and continue trading sideways to test the support level at 0.6262.

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, the pair continues the ascending tendency. By now, USDCHF has formed several reversal patterns, such as Hammer, near the channel’s downside border. The current situation suggests that after reversing the pair may continue the ascending tendency. In this case, the upside target may be at 0.9790. However, one shouldn’t ignore another scenario, according to which the instrument may fall and return to 0.9600.

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, the pair is forming an ascending tendency. At the moment, after completing an Engulfing pattern and then attempting to reverse, AUDUSD is correcting. The upside target may be at 1.4320. At the same time, there might be another scenario, which implies that the instrument may fall towards the support level at 1.4000.

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, the pair is still correcting within the ascending tendency. After completing a Doji pattern not far from the support level, the price is expected to reverse and then resume growing. the upside target remains at 0.6550. Still, the instrument may choose an opposite scenario and continue trading sideways to test the support level at 0.6262.

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, the pair continues the ascending tendency. By now, USDCHF has formed several reversal patterns, such as Hammer, near the channel’s downside border. The current situation suggests that after reversing the pair may continue the ascending tendency. In this case, the upside target may be at 0.9790. However, one shouldn’t ignore another scenario, according to which the instrument may fall and return to 0.9600.

XAUUSD, “Gold vs US Dollar”

XAUUSD is trading at 1716.00; the instrument is moving above Ichimoku Cloud, thus indicating a bullish tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen 1705.00 and then resume moving upwards to reach 1785.00. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 1665.00. In this case, the pair may continue falling towards 1615.00.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6341; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the support level at 0.6295 and then resume moving upwards to reach 0.6535. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6210. In this case, the pair may continue falling towards 0.6135. After breaking the descending channel’s upside border and fixing above 0.6395, the price may resume moving upwards.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.4128; the instrument is moving above Ichimoku Cloud, thus indicating a bullish tendency. The markets could indicate that the price may test the cloud’s upside border at 1.4050 and then resume moving upwards to reach 1.4385. Another signal to confirm further ascending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 1.3975. In this case, the pair may continue falling towards 1.3905.

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, the divergence on MACD made the pair complete the correctional uptrend at 76.0% fibo and start a new pullback to the downside, which has already tested 0.6235. However, the pullback was pretty fast, so the instrument may start a new rising impulse towards 0.6445. After breaking this level, the pair may continue growing to reach the mid-term fractal high at 0.6684.

In the H1 chart, the convergence made AUDUSD reverse and start a new growth. However, as long as the high at 0.6445 isn’t broken, the pair may yet resume falling towards 23.6% and 38.2% fibo at 0.6223 and 0.6086 respectively.

USDCAD, “US Dollar vs Canadian Dollar”

In the H4 chart, the convergence made the pair resume growing and test the resistance at 1.4262. However, the price failed to break this level and fix above it. In this light, the instrument is expected to resume falling. The downside targets may be 50.0% and 61.8% fibo at 1.3808 and 1.3606 respectively.

As we can see in the H1 chart, the correctional uptrend reached 50.0% fibo and then there was a divergence on MACD indicating a possible reversal and a new decline. At the moment, the pair is heading towards 38.2%, 50.0%, 61.8%, and 76.0% fibo at 1.4108, 1.4060, 1.4012 and 1.3953 respectively.