EUR / USD, “Euro vs US Dollar”
After completing the correction wave and then forming the consolidation range around 1.0817, the EURUSD has broken it downward and may continue to fall towards 1.0797. The pair may be able to test 1.0810 down below and then resume trading down with the target of 1.0770.
GBP / USD, “UK Pound vs US Dollar”
GBPUSD has formed a downside continuation pattern Today, the pair may fall to reach 1.2190 and then correct against 1.2240. Then, the instrument can resume downtrend trading with the target of 1.2144.
USD / RUB, “US Dollar vs. Russian Ruble”
USDRUB is still consolidating around 73.60. Today, the pair could possibly correct to reach 74.05 and then form a new falling structure to break 72.90. Later, the market can continue to trade within the downtrend with the short-term target of 72.22.
USD / JPY, “US Dollar vs. Japanese Yen”
USDJPY is falling. Today, the pair could possibly reach 106.72. Then the instrument can correct to 107.20 and then form a new falling structure with the target of 106.50.
USD / CHF, “US Dollar vs Swiss Franc”
After a break of 0.9715, the USDCHF is expected to continue to grow with the target of 0.9763. Today, the pair may reach 0.9733 and then correct to return to 0.9725. Later, the market can start a new growth towards the above objective.
AUD / USD, “Australian Dollar vs. US Dollar”
AUDUSD consolidates around 0.6444. According to the main scenario, the price is expected to break this range downward and then start another fall with the short-term target of 0.6363. Then the instrument can correct to return to 0.6440 and then resume downtrend trading to reach 0.6310.
Brent is still consolidating around 29.30. The pair may be able to break this level down and continue the correction, reaching 27.70. Then the instrument can form a further rising structure to return to 29.30 and then start another fall towards 27.00 to complete the correction. Later, the market may start a new growth with the target of 38.20.
XAU / USD, “Gold vs. US Dollar”
gold has returned to 1711.35 to test it from above. The main scenario implies that the price can continue to grow with the short-term target of 1727.47.
BTC / USD, “Bitcoin vs US Dollar”
BTCUSD continues to grow with its short-term target of 9500.00. Today, the couple may be able to trade downward to reach 9100.00 and then form a further rising structure towards the above goals. Then the instrument can start another correction to reach 8800.00 and then resume trading upward with the target of 10000.00.
After the falling wave of 2824.4, the index is consolidated around this level. If the price later breaks this range up, the market may adjust to 2890.5; if it is to the disadvantage – resume trading downward with the short term target of 2703.0.