EUR/USD, “Euro vs US Dollar”
EURUSD is falling to reach 1.0270. After that, the instrument may form one more ascending wave with the target at 1.0355, or even extend this structure up to 1.0400.
GBP/USD, “Great Britain Pound vs US Dollar”
GBPUSD is trading downwards to reach 1.2158. Later, the market may form one more ascending wave with the target at 1.2311.
USD/JPY, “US Dollar vs Japanese Yen”
After finishing the descending wave at 131.73 along with the ascending structure towards 133.48, USDJPY is expected to start a new decline with the target at 131.30, or even extend this structure down to 129.13.
USD/CHF, “US Dollar vs Swiss Franc”
USDCHF is growing to reach 0.9464. After that, the instrument may start a new correction down to 0.9410 and then resume trading upwards with the short-term target at 0.9487.
AUD/USD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating below 0.7126. Possibly, the pair may resume falling with the target at 0.7072, or even extend this structure down to 0.7000.
Brent
After finishing the ascending structure at 99.12 and forming a new consolidation range there, Brent has broken it to the upside. Today, the asset may continue trading upwards with the short-term target at 103.07.
XAU/USD, “Gold vs US Dollar”
Gold is forming a new consolidation range around 1800.00. Possibly, today the metal may break the range to the downside and correct to test 1751.30 from above. Later, the market may resume trading upwards with the target at 1822.40.
S&P 500
The S&P index is forming the first descending wave towards 4182.2. Later, the market may correct up to 4221.0 and then resume trading downwards with the short-term target at 4140.4.
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