EURUSD, “Euro vs US Dollar”

As we can see in the daily chart, after breaking the high, EURUSD is forming a new rising impulse inside the mid-term uptrend. The closest target is 23.6% fibo at 1.1275. If the price breaks this level, the pair may continue growing towards 38.2% and 50.0% % fibo at 1.1519 and 1.1716 respectively. The support is the low at 1.0879.

In the H4 chart, the ascending impulse has reached 61.8% fibo. The next short-term upside target may be 76.0% fibo at 1.1284. At the same time, there is a divergence on MACD, which may indicate a new pullback towards the support at 38.2% fibo (1.1083).

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, after testing 109.73, USDJPY is trading downwards to reach the fractal low. If the price breaks it, the instrument may continue falling towards 38.2%, 50.0%, and 61.8% fibo at 107.71, 107.09, and 106.47 respectively.

In the H1 chart, the descending impulse is heading towards the fractal low at 108.46. The local resistance is 61.8% fibo at 108.94.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6948; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6940 and then resume moving upwards to reach 0.7005. 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 0.6900. In this case, the pair may continue falling towards 0.6805.

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6671; 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 0.6655 and then resume moving upwards to reach 0.6730. 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 0.6600. In this case, the pair may continue falling towards 0.6510.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3102; 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 1.3125 and then resume moving downwards to reach 1.3015. 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 1.3190. In this case, the pair may continue growing towards 1.3285.

EURUSD, “Euro vs US Dollar”

EURUSD has formed an upside continuation pattern around 1.1100; right now, it is growing to reach 1.1121. After that, the instrument may start a new correction towards 1.1109 and then form one more ascending structure with the short-term target at 1.1133.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has formed the consolidation range around 1.2985; right now, it is moving upwards. Possibly, the pair may reach 1.3050 and then start a new correction towards 1.3017. Later, the market may resume trading upwards with the target at 1.3067.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF has formed the consolidation range around 0.9807; right now, it is moving downwards. Possibly, the pair may break 0.9797 and then continue falling towards 0.9783.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has reached 109.60; right now, it is falling. Possibly, today the pair may break 109.45 to the downside and then continue moving downwards with the target at 109.14.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is still moving upwards. Possibly, the pair may reach 0.6957 and then start a new correction towards 0.6930. Later, the market may form one more ascending structure with the target at 0.6979.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has returned to 62.25; right now, it is consolidating below it. Today, the pair may break the range to the downside and reach 62.00. Later, the market may start another growth towards 62.38 and then resume trading inside the downtrend with the target at 61.47.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD has broken 1.3131 downwards; right now, it is still falling to reach 1.3072. Later, the market may start a new correction towards 1.3118 and then resume trading downwards with the target at 1.3050.

XAUUSD, “Gold vs US Dollar”

Gold has been able to fix above 1507.70; right now, it is still trading upwards to reach 1515.70. After that, the instrument may start a new correction to return to 1507.70 and then extend this ascending wave towards 1518.45.

BRENT

After reaching 67.28 and forming an upside continuation pattern, Brent is still moving upwards. Possibly, today the pair may reach 67.77 and then start a new correction towards 67.28. After that, the market may resume trading upwards with the target at 68.04.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD has rebounded from 7350.00 downwards; right now, it is still falling to reach 7000.00. Later, the market may resume trading inside the uptrend to return to 7350.00.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6927; 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 0.6890 and then resume moving upwards to reach 0.7015. 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 0.6850. In this case, the pair may continue falling towards 0.6765.

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6648; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6600 and then resume moving upwards to reach 0.6745. 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 0.6550. In this case, the pair may continue falling towards 0.6465.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3153; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3180 and then resume moving downwards to reach 1.3045. 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 1.3205. In this case, the pair may continue growing towards 1.3305.