The currency pair has worked out a correction to the level of 1.0888 and continues to develop a wave of decline. The market broke 1.0858 down with a continuation trend pattern. The potential for working out the level of 1.0828 is open. After that, the correction link to 1.0858 (test below) is not excluded. Further, we expect the continuation of the trend to decline to the level of 1.0799.

The currency pair has worked out a growth matrix. At the moment, the market is trading in the consolidation range around the level of 1.3034. With the exit down, consider the possibility of correction to 1.3000. And with the breakdown of this level downward, the potential to decrease to 1.2944 will open.

The currency pair broke through the level of 0.9784. Today, the market performed its test from above. The main scenario will consider the continuation of the growth wave to 0.9809. After that, the correction link to the level of 0.9794 is not excluded. Further, an increase to 0.9828.

The currency pair performed an impulse to decline to the level of 109.61. Today, the market is trading in a growth structure to 109.90. After practicing this level, we consider the possibility of reducing it to 109.75. The consolidation range is expected to develop at these levels. With the exit from it upward, the growth potential to 110.22 will open. With a go down, consider the possibility of lowering to the level of 109.25.

The currency pair worked out a correction to the level of 0.6742. Today the market has broken down the correction channel. Open potential to decline to 0.6703. And with the breakdown of this level down, the potential for a decrease to 0.6664 will open. The goal is local.

The currency pair performed an impulse to decline to the level of 62.91 and its correction to 63.77. Today we expect the development of the next impulse to decrease to 62.81. And with the breakdown of this level down, the potential for a decrease to 61.88 will open. The goal is local.

The currency pair performed an impulse to decline to the level of 1.3235. Today, the market has broken the channel of this impulse up. Open upside to 1.3292. After practicing this level, consider the possibility of returning to 1.3264. The consolidation range is expected to develop at these levels. With the exit from it downward, the potential for lowering to the level of 1.3188 will open. With the exit up, another growth link to 1.3344 is not excluded.

Gold is trading under pressure in growth. Today we consider the possibility of working out the level of 1581.54. Then – correction to 1573.21. After that, growth to the level of 1584.58 is possible.

Oil worked out a local target at 56.30. At the moment, the market is trading in a range of consolidation above it. Do not rule out going down as a correction to the level of 55.05. In case of going up, consider the possibility of continuing the trend to 57.12.

By bitcoin, the market has performed an impulse to decrease to 10052 and its correction to the level of 10300. At these levels, we expect the development of the consolidation range. With the exit from it downward, the potential for a decline to 9800 will open. The goal is local.

Posted by Igor Sayadov, Analyst, RoboForex.

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Forecasts of financial markets are the private opinion of their authors. Current analysis is not a guide to trade. RoboForex is not responsible for the results of work that may arise when using trading recommendations from the submitted reviews.