EUR/USD, “Euro vs US Dollar”
The currency pair corrected to 1.0430 and started the development of a new wave of growth. Today the market has reached 1.0555. At the moment, the market has formed a consolidation range around this level. With an escape upwards, a pathway to 1.0677 should open. With an escape downwards, a link of correction to 1.0490 is not excluded, followed by growth to 1.0677.
GBP/USD, “Great Britain Pound vs US Dollar”
The currency pair finished a wave of correction to 1.2134. Today the market has formed one more wave of growth to 1.2280, and with a breakaway of this level upwards, the structure may be extended to 1.2422. And after this level is reached, a correction to 1.2280 might start.
USD/JPY, “US Dollar vs Japanese Yen”
The currency pair corrected to 135.90. Today the market continues developing a wave of growth to 133.64. A consolidation range is expected to form around this level. With an escape downwards, a pathway for a wave of decline to 131.96 will open.
USD/CHF, “US Dollar vs Swiss Franc”
The currency pair completed a correction to 0.9435. Today the market continues developing a wave of decline to 0.9322. After this level is reached, the pair may grow to 0.9435.
AUD/USD, “Australian Dollar vs US Dollar”
The currency pair corrected to 0.6742. Today the market continues the wave of growth to 0.6872. After this level is reached, a wave of decline to 0.6755 might start.
Brent
Crude oil formed a consolidation range around 87.10. A link of decline to 84.88 is not excluded, followed by growth to 89.30. And with a breakaway of this level upwards, the wave of growth should continue to 93.75. The goal is local.
XAU/USD, “Gold vs US Dollar”
Gold continues a wave of growth to 1810.70. After this level is reached, a decline to 1778.78 and growth to 1818.88 might follow.
S&P 500
The stock index corrected to 4005.5. At the moment, the market completed a wave of growth to 4069.0. Today a consolidation range is expected to form around this level. With an escape upwards, a link of growth to 4133.3 is not excluded, followed by a decline to 4004.4.
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