Forex technical analysis and forecast: Majors, equities and commodities

EUR/USD, “Euro vs US Dollar” The currency pair has come to the local goal of the trend of development at 1.2000. Then the marketplace performed a correction to 1.1925. Nowadays, it is trading in a structure of development towards 1.1970. Then a link of decline to 1.1944 could follow. Around these amounts, a consolidation range is actually likely to build. With an escape upwards, a pathway towards 1.2000 will open, with a prospective objective of 1.2020. With an escape downwards, the modification could go on to 1.9000.


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 market is actually growing towards 1.3371. If perhaps this degree is actually broken upwards, the development may well will begin to 1.3400. In the case 1.3315 is broken away downwards, the quotations may go deeper down to 1.3290. And if this amount is broken away as well, the modification may well go on to 1.3150.


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


USD/JPY, “US Dollar vs Japanese Yen” The currency pair helps to keep developing a consolidation range below 104.40 without clear trend. We expect the range to increase to 103.40, followed by a link of development to 104.40 and a decline o 102.50. The aim is primary.


USD/CHF, “US Dollar vs Swiss Franc” The currency pair demonstrated an impulse of development 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 will become possible. The aim is local. After the cost escapes the range downwards, it might go more down to 0.9011. Subsequently a wave of development to 0.9100 may starts.


AUD/USD, “Australian Dollar vs US Dollar” The currency pair performed a trend of development to 0.7406 and a link of correction to 0.7341. Nowadays, the industry is trading in a structure of growth to 0.7377. Then we expect a decline to 0.7355. Near these levels, a consolidation range is likely to develop. With an escape upwards, a potential of growth to 0.7410 will seem. With an escape downwards, a decline to 0.7260 is going to become possible.


Oil keeps developing a consolidation range above 47.33. When the cost escapes it downwards, it could further correct to 46.41. The objective is neighborhood. Upon escaping the cooktop upwards, the price might mature to 48.90.


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


BTC/USD, “Bitcoin vs US Dollar” The industry has finished another wave of growth towards 19,800. At the second, the market is developing a consolidation range underneath this level. A decline to 18,150 is actually possible. Then advancement may will begin to 20,000. Immediately after this level is actually reached, a correction to 16,500 may start.


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