EUR/USD
The euro is still consolidating; market is forming continuation pattern to continue falling down. We think, today price may move downwards to form the third wave of this correction with target at level of 1.3750 and then return to level of 1.3800. Later, in our opinion, instrument may complete this correction by falling down and forming the fifth wave with target at level of 1.3710.
GBP/USD
The pound is still moving upwards and forming ascending structure with target at level of 1.6905; right now market is consolidating. We think, today price may fall down towards lower order of this consolidation channel to expand it downwards a little bit and then start moving upwards to break upper border and continue growing up towards above mentioned target. Later, in our opinion, instrument may form reversal pattern to start new correction towards level of 1.6690.
USD/CHF
The franc is still forming ascending structure with target at level of 0.8800, which may be considered as the third wave. After reaching it, price may return to level of 0.8830 and then complete this ascending structure by growing up and forming the fifth ascending wave.
USD/JPY
The yen is still moving inside ascending wave with target at level of 103.00; right now market is consolidating inside the third ascending structure. We think, today price may reach above-mentioned target and fall down towards level of 102.40. Later, in our opinion, instrument may complete this correction by growing up and reaching level of 103.10. After that, market is expected to move downwards to reach level of 100.00.
AUD/USD
The Australian dollar reached target of its descending wave. We think, today price may consolidate for a while, form reversal structure, and then start new correction towards level of 0.9370. Later, in our opinion, instrument may continue falling down.
USD/RUB
The ruble continues moving upwards. We think, today price may reach target at level of 35.81 and then form another descending structure towards level of 34.78. Later, in our opinion, instrument may continue growing up to reach level of 36.00.
XAU/USD
After market opening, Gold completed another descending structure and formed ascending impulse. We think, today price may continue forming ascending structure towards level of 1300 and then fall down to reach level of 1290. This structure may be considered as reversal pattern to continue growing up towards next target at level of 1357.