EURUSD, “Euro vs US Dollar”

EURUSD has chosen an alternative scenario to continue the ascending wave. Possibly, today the pair may grow towards 1.1150 and then start a new correction to reach 1.1111. Later, the market may continue moving upwards with the target at 1.1180.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is moving upwards. Possibly, the pair may extend the wave towards 1.3252. Today, the price may fall to reach 1.3200 and then start a new growth with the target at 1.3252.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF has rebounded from 0.9861 to the downside; right now, it is still falling. Possibly, the pair may reach 0.9804 and then form one more ascending structure to return to 0.9860.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is forming another descending structure towards 108.27. Possibly, today the pair may reach 108.34 and then start another growth towards 108.57. After that, the instrument may continue moving downwards with the target at 108.27.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has broken 0.6850; right now, it is still growing. Today, the pair may test 0.6868 from above and then resume trading inside the uptrend with the short-term target at 0.6906.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB continues forming the downside continuation pattern around 63.60. Possibly, today the pair may fall to reach 63.06 and then start another correction to return to 63.60. Later, the market may form a new descending structure with the short-term target at 62.75.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is moving downwards to reach 1.3140. Later, the market may form one more ascending structure towards 1.3216, thus forming a new consolidation range between these levels. If later the price breaks this range to the downside, the market may resume trading downwards to reach 1.3108; if to the upside – continue the uptrend with the target at 1.3282.

XAUUSD, “Gold vs US Dollar”

Gold has completed the ascending structure at 1470.60. Possibly, the pair may form an upside continuation pattern to start a new wave with the target at 1487.27. Today, the price may form a new descending structure to test 1470.60 from above and then and then resume moving upwards to reach the above-mentioned target.

BRENT

Brent has completed Flag pattern; right now, it is growing towards 64.88. After that, the market may start a new decline towards 64.12 and then form one more ascending structure with the short-term target at 66.77.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is correcting towards 7000.00. Possibly, the pair may extend this structure down to 6900.00. After that, the instrument may resume moving upwards with the target at 8165.00.

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, the ascending tendency continues. After completing several reversal patterns, including Inverted Hammer, close to the channel’s downside, XAUUSD is trying to reverse. In this case, the price may form a slight correction and resume growing with the upside target at 1488.88. At the same time, we shouldn’t exclude an opposite scenario, which implies that the instrument may continue falling towards 1455.55.

NZDUSD, “New Zealand vs. US Dollar”

As we can see in the H4 chart, the ascending tendency continues. After forming several reversal patterns, including Shooting Star, near the channel’s upside border, NZDUSD is trying to reverse. Later, the market may start a new decline to reach the closest support level at 0.6515. At the same time, one shouldn’t exclude an opposite scenario, according to which the instrument may update its highs and grow towards 0.6610.

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the daily chart, the uptrend has reached 50.0% fibo. At the same time, there is a divergence on MACD, which may indicate a new pullback. However, the pair may yet continue growing towards 61.8% fibo at 1.3453. The short-term target of the above-mentioned pullback is the local support at 38.2% fibo (1.2883); the key support is the low at 1.1958.

In the H4 chart, the divergence made GBPUSD start a new correction to the downside; the targets at are 23.6%, 38.2%, and 50.0% fibo at 1.2974, 1.2825, and 1.2706 respectively. The resistance is the high at 1.3215.

EURJPY, “Euro vs. Japanese Yen”

As we can see in the H4 chart, EURJPY continues the uptrend towards 76.0% fibo at 121.55. After breaking this level and fixing above it, the instrument may continue growing towards the high at 123.36. The support is at 38.2% fibo (118.73).

In the H1 chart, the divergence on MACD made the pair start a new decline towards the support. If the price breaks it, the decline may continue to reach 61.8% fibo at 118.75. The local resistance is the high at 121.47.