Technical analysis EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD on 25.02.2016

The euro dollar currency pair extended the consolidation down and returned back into the consolidation range. We do not rule out the market fulfilling the test from below 1.1070. Next, we consider the main scenario as a further decline to the level of 1.0900.



The pound against the US dollar currency pair has fulfilled another extension down. The next step - a correction to test the 1.4000 level from the bottom (as the minimum). The maximum correction can happen with a return to 1.4173. Then - again decrease to the level of 1.3850, with which we expect the completion of this wave. Then, we consider a higher correction to the level of 1.4288.



The USD CHF currency pair could managed to work the test of the lower boundary of the diverging "triangle". The next step - an increase of the upper limit of the test. We consider the matrix of growth to the level of 1.0150.



The USD JPY currency pair is trading at the lower boundary of a retreat from the consolidation range. For today, we consider the possibility of growth to the level of 113.43.



Australian dollar against the US dollar has worked the correction to the impulse to decline and traded in another structure to reduce to the level of 0.7100. Next - the test level below 0.7150. Then - the continued decline in the level of overlap of 0.7047.



The Russian ruble is now trading under pressure to decline. We consider the possibility of a break of the level down to 75. The next step - development of the target at the level of 72.



Gold struck the channel of growth of the fifth structure. The next pulse to decrease and its correction are worked through. Today we expect a break through the minimum of this impulse and a continuation to decline to the level of 1204. Then - a return to the level of 1220.