EUR/USD, “Euro vs US Dollar”
The EUR/USD pair has completed a corrective wave to 1.0896. At the moment, the market continues developing the decline wave to 1.0755. Once this level is reached, a correction link to 1.0792 is not excluded, followed by a decrease to 1.0740.
GBP/USD, “Great Britain Pound vs US Dollar”
The GBP/USD pair has completed a correction wave to 1.2770. Today the decline wave might extend to 1.2555. Once this level is reached, a growth link to 1.2614 could form, followed by a decline to 1.2520.
USD/JPY, “US Dollar vs Japanese Yen”
The USD/JPY pair has corrected to 145.90, and today the growth wave might extend to 148.92. Once this level is reached, a correction link to 147.70 is not excluded, followed by a rise to 149.47.
USD/CHF, “US Dollar vs Swiss Franc”
The USD/CHF pair has corrected to 0.8555. Today the market is forming the structure of a new growth wave to 0.8700. Next, a correction link to 0.8650 is not excluded, followed by a rise to 0.8741.
AUD/USD, “Australian Dollar vs US Dollar”
The AUD/USD pair has completed a growth wave to 0.6607. Today the market continues developing a decline wave to 0.6410. Once this level is reached, a correction link to 0.6509 is not excluded. Next, a new decline wave to 0.6355 could start.
Brent
Brent has completed a correction wave to 77.22. A consolidation range could form above this level today. With an escape from the range upwards, a new growth wave to 80.90 might start. And if this level also breaks, the wave could extend to 85.90. This is the first target.
XAU/USD, “Gold vs US Dollar”
Gold continues developing a decline wave to 2020.20. Once this level is reached, a growth link to 2067.11 is not excluded, followed by a decline to 1976.55. This is a local target.
S&P 500
The stock index has completed a growth wave to 4973.9. A decline to 4903.9 might follow today. Next, the market might form a correction to 4939.9 and a decline to 4831.5. This is the first target.
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