Technical Analysis 24.07.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

EURUSD

The pair has reached 1.1180 and broken it downwards through the consolidation range. There is potential for continuation of the trend to 1.1111. The goal is local.

GBPUSD

The instrument has created a consolidation range around 1.2480 and broken it top down. There is potential for a decline to 1.2404, after which growth to 1.2480 may follow.

USDCHF

The pair has created a consolidation range around 0.9852. Today the market has escaped it upwards. There is potential for growth to 0.9876. The goal is local. Then a decline to 0.9852, then growth to 0.9898 may follow. The goal is first.

USDJPY

The instrument keeps developing the structure of growth. Today it may reach 108.34, then continue the downtrend to 107.37. Upon breaking this level downwards potential for continuation of the trend to 106.44 may appear. The goal is local.

AUDUSD

Today the instrument keeps developing the second impulse for declining. The goal is at 0.6969. The goal is local. Then growth to 0.7014, and then a decline to 0.6947 may follow.

USDRUB

The pair has reached 63.25 in accordance with the correction matrix. Today the development of a consolidation range around this level seems possible. Upon escaping the correction channel downwards another wave of declining to 62.25 may begin.

GOLD

Gold is trading in the structure of the third impulse for decline. The goal is at 1412.50. Then a correction to 1440.15 may begin, followed by a decline to 1414.30.

BRENT

Oil is trading in a correction structure aimed at 64.35. Then another structure of declining to 61.08 may develop, followed by growth to 64.35. Practically, we are considering the development of a wide consolidation range.