EURUSD, “Euro vs US Dollar”

After completing the ascending structure at 1.1469, EURUSD is moving downwards to reach 1.1402. After that, the instrument may grow towards 1.1435, thus forming a new consolidation range between these two levels. If later the price breaks this range to the upside, the market may resume trading upwards to reach 1.1500; if to the downside – start a new decline with the target at 1.1333.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has finished the ascending structure at 1.2684; right now, it is falling to reach 1.2594. After that, the instrument may form one more ascending structure to reach 1.2635, thus forming a new consolidation range between these two levels. If later the price breaks this range to the upside, the market may resume growing towards 1.2700; if to the downside – start a new decline with the target at 1.2500.

USDRUB, “US Dollar vs Russian Ruble”

After finishing the ascending wave at 72.00, USDRUB is trading downwards to reach 71.33. After that, the instrument may grow towards 71.71, thus forming a new consolidation range between these two levels. If later the price breaks this range to the upside, the market may update 72.20 and then resume falling to reach 70.00; if to the downside – form a new descending structure with the target at 70.66.

USDJPY, “US Dollar vs Japanese Yen”

After finishing the descending wave and reaching the target at 107.03, USDJPY is expected to resume growing towards 107.50. Later, the market may form a new descending structure to reach 107.30 and then start another growth with the target at 107.60.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is still consolidating around 0.9390. Possibly, today the pair may fall to reach 0.9370 and then grow to break 0.9400. Later, the market may continue trading upwards with the target at 0.9430.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has finished the ascending wave at 0.7033. Today, the pair may fall to test 0.7000 from above and then resume trading upwards with the target at 0.7049.

BRENT

After completing the correction at 42.58 along with the ascending impulse towards 43.50, Brent is consolidating around the latter level. If later the price breaks this range to the upside, the market may resume trading upwards with the short-term target at 44.50; if to the downside – start a new correction towards 43.00.

XAUUSD, “Gold vs US Dollar”

Gold is moving upwards. Possibly, today the pair may reach 1820.70 and then fall to break 1815.00. Later, the market may continue trading downwards with the first target at 1807.50.

BTCUSD, “Bitcoin vs US Dollar”

After finishing the descending wave at 9115.00, BTCUSD is trying to grow towards to reach 9260.00. After that, the instrument may form a new descending structure to break 9100.00 and then continue moving inside the downtrend with the target at 8700.00.

S&P 500

After breaking 3236.5 to the upside, the S&P 500 Index continues growing towards 3267.1. Later, the market may correct to return to 3236.5 and then continue trading upwards to reach 3300.3. After that, the instrument may start a new decline with the target at 3111.1.

AUDUSD, “Australian Dollar vs US Dollar”

In the H4 chart, AUDUSD is trading above 5/8. In this case, the pair is expected to continue growing to reach the resistance at 8/8. However, this scenario may be canceled if the price breaks 6/8 to the downside. After that, the instrument may continue falling towards the support at 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.

NZDUSD, “New Zealand Dollar vs US Dollar”

As we can see in the H4 chart, after rebounding from 8/8 again, NZDUSD is expected to resume trading downwards 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.

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

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, after re-testing the resistance area and forming a Shooting Star pattern, USDCAD has almost reversed. Considering the current downtrend, one may assume that the asset may break the support level and then continue falling. In this case, the downside target is at 1.3434. Still, an opposite scenario suggests that the instrument may continue growing to return to the resistance area at 1.3620.

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, the uptrend continues. By now, AUDUSD has formed a Shooting Star pattern not far from the resistance area; at the moment, the pair is reversing. The target is the rising channel’s downside border. Later, the price may rebound from the support level and resume the rising tendency. In this case, the upside target remains at 0.7070. At the same time, one shouldn’t exclude another scenario, which implies that the instrument may continue falling and return to 0.6970.

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, after testing the support area again and forming a group of reversal patterns, including Hammer, USDCHF is reversing. The upside target is at 0.9450. After completing the pullback, the pair may resume trading downwards to reach the next downside target at 0.9360. Later, the market may update its lows and continue falling.

EURUSD, “Euro vs US Dollar”

As we can see in the H4 chart, after finishing the correction at 38.2% fibo and breaking its previous high at 1.1422, EURUSD is still trading upwards and trying to fix above the broken high. If it succeeds, the instrument may continue growing towards the fractal high at 1.1495 and then the long-term 50.0% fibo at 1.1595.

The H1 chart shows a more detailed structure of the current uptrend. The price is moving upwards but there is a divergence on MACD, which may indicate a possible pullback soon. After completing the pullback, the instrument may resume growing to reach the post-correctional extension area between 138.2% and 161.8% fibo at 1.1520 and 1.1578 respectively.

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, after finishing the descending wave at 23.6% fibo, USDJPY is trying to start a new rising structure to reach the targets at 61.8% and 76.0% fibo at 108.41 and 108.95 respectively. The key support is the low at 106.07.

The H1 chart shows a correctional uptrend after the descending wave, which has reached 50.0% fibo. Later, the price may continue growing towards 61.8% and 76.0% fibo at 107.58 and 107.80 respectively, and then the high at 108.16. The support is the local low at 106.64.

EURUSD, “Euro vs. US Dollar”

In the H4 chart, after fixing above 7/8, EURUSD is expected to continue growing towards the resistance at 8/8. However, this scenario may no longer be valid if the price breaks the support at 7/8 to the downside. After that, the instrument may continue falling to reach 6/8.

As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, GBPUSD rebounded from 5/8 several times earlier. The current situation implies that the price may rebound from the above-mentioned level again and then resume growing towards the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8 to the downside. After that, the instrument may continue falling to reach the support at 3/8.

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

EURUSD, “Euro vs US Dollar”

EURUSD is moving not far from the upside border of a wide consolidation range. Possibly, today the pair may update 1.1455 and then fall towards the downside border at 1.1350. After that, the instrument may grow towards 1.1395. If later the price breaks this range to the upside, the market may resume trading upwards to reach 1.1550; if to the downside – start a new decline with the target at 1.1250.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is still consolidating around 1.2550. Today, the pair may trade downwards to reach 1.2477 and then resume growing to test 1.2550 from below. Later, the market may start a new decline with the target at 1.2450.

USDRUB, “US Dollar vs Russian Ruble”

After breaking 71.31 to the upside, USDRUB is expected to continue the correction towards 72.20. Possibly, today the pair may reach this level and then fall to break 71.28. Later, the market may continue trading downwards with the target at 70.00.

USDJPY, “US Dollar vs Japanese Yen”

After finishing the ascending wave and reaching the target at 107.50, USDJPY is expected to continue growing towards 107.60 and then form a new descending structure to break 107.06. After that, the instrument may continue trading inside the downtrend with the target at 106.60.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is still consolidating around 0.9444. Possibly, the pair may fall to reach 0.9370 and then grow to break 0.9444. Later, the market may continue trading upwards with the target at 0.9474.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is still consolidating around 0.6982. Today, the pair may fall towards 0.6944 and then return to test 0.6982 from below. Later, the market may resume trading downwards to break 0.6944 and then continue falling with the target at 0.6900.

BRENT

Brent is still correcting towards 42.58. The main scenario suggests that the price may complete this correction and grow with the target at 43.23. After that, the instrument may start a new decline towards 42.95 and then form one more ascending structure to break 43.50. Later, the market may continue trading upwards to reach 44.44.

XAUUSD, “Gold vs US Dollar”

Gold is still consolidating around 1803.50. Possibly, today the pair may test this level from above and then form one more ascending structure towards 1812.97. Later, the market may start another decline to return to 1803.50 and then resume trading upwards with the target at 1819.22.

BTCUSD, “Bitcoin vs US Dollar”

After finishing the ascending wave at 9212.00, BTCUSD is trading downwards to reach 9136.00. After that, the instrument may resume trading upwards to complete this wave at 9300.00. Later, the market may resume falling to break 9000.00 and then continue moving inside the downtrend with the target at 8700.00.

S&P 500

The S&P 500 Index is consolidating above 3200.5. Possibly, the asset may break this level to the downside and continue the correction towards 3111.1. However, if the price grows and breaks 3235.5, the market may continue trading upwards to reach 3300.3 and then start a new decline with the target at 3111.1.