Forex technical analysis and forecast: Majors, commodities and equities

EUR/USD, “Euro vs US Dollar” The currency pair has reached the local objective of the wave of growth during 1.2000. Subsequently the marketplace performed a correction to 1.1925. These days, it’s trading in a structure of growth towards 1.1970. Then a link of decline to 1.1944 could follow. Near these amounts, a consolidation range is actually expected to build. With an escape upwards, a pathway towards 1.2000 will open, with a possible objective of 1.2020. With an escape downwards, the correction may well go on to 1.9000.

EURUSD

GBP/USD, “Great Britain Pound vs US Dollar” The currency pair extended the consolidation area to 1.3383 and dropped to 1.3316. These days, the industry is growing towards 1.3371. If this amount is actually broken upwards, the advancement may will begin to 1.3400. In the case 1.3315 is broken away downwards, the quotations might go deeper down to 1.3290. And if this degree is broken away also, the correction may well continue to 1.3150.

GBPUSD

USD/RUB, “US Dollar vs Russian Ruble” The currency pair has broken 75.88 upwards and also implies a correction to 76.66. After this degree is actually reached, we expect a new declining wave to 74.60. The aim is first. When this level is actually reached, a correction to 77.70 may develop.

USDRUB

USD/JPY, “US Dollar vs Japanese Yen” The currency pair will keep creating a consolidation range below 104.40 with no clear trend. We expect the range to increase to 103.40, followed by a link of growth to 104.40 and a decline o 102.50. The objective is main.

USDJPY

USD/CHF, “US Dollar vs Swiss Franc” The currency pair demonstrated an impulse of growth to 0.9092. Nowadays, the market is trading in a structure of decline to 0.9050. Near these levels, we expect a consolidation range to form. After the cost escapes it upwards, growth to 0.9127 can be possible. The aim is neighborhood. Immediately after the price escapes the range downwards, it could go more down to 0.9011. Then a wave of growth to 0.9100 could starts.

USDCHF

AUD/USD, “Australian Dollar vs US Dollar” The currency pair performed a wave of development to 0.7406 and a link of correction to 0.7341. Nowadays, the market is trading in a framework of development to 0.7377. Next we expect a decline to 0.7355. Around these levels, a consolidation range is apt to form. With an escape upwards, a potential of development to 0.7410 will appear. With an escape downwards, a decline to 0.7260 will become possible.

AUDUSD

BRENT
Engine oil keeps creating a consolidation range above 47.33. When the price tag escapes it downwards, it may further correct to 46.41. The goal is neighborhood. Upon escaping the stove upwards, the price might grow to 48.90.

Brent

XAU/USD, “Gold vs US Dollar” Gold performed a wave of decline to 1764.50. These days, the market is actually forming a consolidation range above this level. We consider growth to 1807.80, followed by a decline to 1782.85 and growth to 1832.40.

XAUUSD

BTC/USD, “Bitcoin vs US Dollar” The market has finished another wave of growth towards 19,800. At the moment, the market is forming a consolidation range under this amount. A decline to 18,150 is possible. Then advancement may go on to 20,000. After this amount is actually reached, a correction to 16,500 may start.

BTCUSD

S&P 500 The stocks market done a correction to 3600.0 and today, opening with a gap upwards, has nearly used the whole potential of this particular wave, covering 3661.5. We expect a consolidation range to create at the current highs. After the cost escapes the range downwards, we expect it to go back down to 3600.0.