EURUSD, “Euro vs US Dollar”
EURUSD continues forming the descending wave towards 1.1075. Later, the market may correct to reach 1.1160 and then resume trading downwards with the target at 1.1050.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is still falling towards 1.3282. After that, the instrument may start a new correction to reach 1.3362 and then resume trading downwards with the target at 1.3145.
USDRUB, “US Dollar vs Russian Ruble”
The situation hasn’t changed much; markets are closed. After opening, USDRUB is expected to return to 92.00 – it’s the downside border of the range around 102.00. If later the price breaks this level to the downside, the asset may resume falling with the target at 75.00.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has finished the correctional wave at 114.70; right now, it is growing towards 115.27. After that, the instrument may resume trading downwards to reach 114.99 and then form one more ascending structure with the target at 115.81.
USDCHF, “US Dollar vs Swiss Franc”
Having completed the descending wave at 0.9150 along with the ascending impulse towards 0.9190, USDCHF is consolidating around 0.9186. Today, the pair may break the range to the upside and reach 0.9222.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating around 0.7240. Possibly, the pair may resume falling towards 0.7190 and then start a new growth to return to 0.7240. After that, the instrument may continue trading downwards with the target at 0.7070.
BRENT
After reaching 108.15 and forming a new consolidation range around this level, Brent has broken it to the upside. Possibly, today the asset may continue growing towards 117.04 and then correct down to 108.15. Later, the market may form one more ascending structure with the target at 121.00.
XAUUSD, “Gold vs US Dollar”
Gold is consolidating around 1906.00; it has already expanded the range up to 1948.38. Today, the metal may correct towards 1906.10 and then form one more ascending structure with the short-term target at 1995.15.
S&P 500
The S&P index is still consolidating around 4311.0. Today, the asset may start a new decline with the first target at 4070.0.
