GBPUSD is rebounding from the support level, Gold breaks out of the “Flag” pattern, and AUDUSD is moving within the framework of a reversal pattern.
JPY has started a decline wave. The overview also covers the performance of EUR, GBP, CHF, AUD, Brent, Gold, and the S&P 500 index.
EURUSD is forming a corrective wave, USDJPY maintains its upward momentum, and EURGBP is testing the support level.
The likelihood of the USDCHF pair rising to the 8/8 level persists, and a breakout above the 3/8 resistance level will signal an increase in Gold quotes.
The EURUSD pair has turned downward and is falling.
The AUDUSD pair is declining for the third consecutive day, erasing yesterday’s gains.