Forex complex analysis and forecast: Majors, commodities and equities

EUR/USD, “Euro vs US Dollar” The currency pair has reached the nearby objective of the trend of growth at 1.2000. Subsequently the market place done a correction to 1.1925. Today, it’s trading in a framework of growth towards 1.1970. Subsequently a link of decline to 1.1944 could follow. Near these levels, a consolidation range is actually expected to build. With an escape upwards, a pathway towards 1.2000 will open, with a prospective goal of 1.2020. With an escape downwards, the modification could continue to 1.9000.


GBP/USD, “Great Britain Pound vs US Dollar” The currency pair given the consolidation area to 1.3383 and dropped to 1.3316. Nowadays, the industry is growing towards 1.3371. If perhaps this level is broken upwards, the development may continue to 1.3400. In the situation when 1.3315 is actually broken away downwards, the quotations might go deeper down to 1.3290. And when this amount is broken away as well, the correction 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 amount is reached, we expect a brand new declining wave to 74.60. The goal is first. When this level is reached, a correction to 77.70 might develop.


USD/JPY, “US Dollar vs Japanese Yen” The currency pair keeps preparing a consolidation range below 104.40 without clear trend. We expect the range to increase to 103.40, followed by a link of growth to 104.40 and a decline o 102.50. The goal is main.


USD/CHF, “US Dollar vs Swiss Franc” The currency pair demonstrated a spontaneous of development to 0.9092. Nowadays, the market is actually trading in a framework of decline to 0.9050. Around these levels, we expect a consolidation range to form. After the cost escapes it upwards, growth to 0.9127 will become possible. The objective is local. Immediately after the price escapes the range downwards, it could go further down to 0.9011. Next a wave of growth to 0.9100 may starts.


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


Oil keeps developing a consolidation range above 47.33. If the price escapes it downwards, it could additionally correct to 46.41. The aim is local. Upon escaping the range upwards, the retail price might mature to 48.90.


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


BTC/USD, “Bitcoin vs US Dollar” The market has completed an additional trend of development towards 19,800. At the moment, the market is developing a consolidation range under this amount. A decline to 18,150 is actually achievable. Then growth might go on to 20,000. Immediately after this amount is actually reached, a correction to 16,500 could begin.


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