EUR / USD, “Euro vs US Dollar”
After ending another rising wave of 1.1815 and even extending the fifth structure towards 1.1849, the EURUSD is back to 1.1784; right now it is consolidating around 1.1820. Today, the pair may possibly form a further rising structure to reach the latter level or even break it. The instrument can then correct towards 1.1876. However, if the price breaks the downward range at 1.1780, the market may resume downward trading with the target of 1.1660.
GBP / USD, “British Pound vs US Dollar”
After not breaking the 1.3060 to the disadvantage on the first try, the GBPUSD consolidates in the middle of the range around 1.3100. The pair may possibly start a new growth to reach 1.3140 and then resume the fall with the short-term target of 1.2940.
USD / RUB, “US Dollar vs Russian Ruble”
USDRUB falls to 73.93. Today, the pair may be able to reach this level and then start a new correction towards 74.40. If the price later breaks the current downward market range, the market may resume downward trading to reach 71.90; if you are upward – form a further rising structure with the goal of 75.20.
USD / JPY, “US Dollar vs Japanese Yen”
The USDJPY is still growing towards 106.27 and may later fall to reach 105.68, forming a new consolidation interval between these two levels. If the price breaks the current range on the downside, the market may resume downward trading to reach 104.90; if it is upwards – continue the correction with the target of 106.60.
USD / CHF, “US Dollar vs Swiss Franc”
USDCHF consolidates around 0.9111. The pair may be able to break this range upwards and reach the short-term target of 0.9150. Later, the market may start with a new decline to return to 0.9111 and then form a further rising structure with the first target of 0.9165.
AUD / USD, “Australian Dollar vs. US Dollar”
AUDUSD is still consolidating around 0.7173. Today, the pair may fall to break 0.7140 and then continue trading down with the short-term target of 0.7070.
After breaking 45.60 to the head, Brent is expected to reach 46.20. Then the instrument can correct towards 45.15 and then resume trading upwards with the short term target of 47.45.
XAU / USD, “Gold vs. US Dollar”
Gold is still consolidating around 1934.55 and may fall towards the downward limit of 1908.00. If the price later breaks this level, the market may resume downward trading with the target of 1887.88 and then 1850.00. However, if this interval is broken upwards in 1944.44, the instrument may possibly start another correction towards 1975.50 and then form a new descending structure to reach 1850.00.
BTC / USD, “Bitcoin vs US Dollar”
BTCUSD consolidates around 11600.00. Today, the pair could possibly expand the range up to 11800.00 and then form a new descending structure to reach 11200.00 or even break it. The instrument can then continue the correction with the target at 11000.00 and then 10550.00.
After the rising wave ended at 3448.8, the S&P index is expected to correct against 3413.7. Later, the market may continue to move upwards with the target of 3461.9.