Dear colleagues.
For the EUR / USD pair, we have expanded the potential for the top to the level of 1.2648. For the GBP / USD pair, we expect the formation of pronounced initial conditions for the top up to the level of 1.4061. For the USD / CHF pair, we follow the downward structure of February 8. For the USD / JPY pair, the continuation of the movement downwards is expected after the breakdown of 106.36. For the EUR / JPY pair, the price is in correction. The continuation of the movement downwards is expected after the breakdown of 132.75. For the GBP / JPY pair, the continuation of the movement downwards is expected after the breakdown at 149.05.
Forecast for February 15:
Analytical review of currency pairs in the scale of H1:
For the EUR / USD pair, the key H1 scale levels are: 1.2648, 1.2580, 1.2528, 1.2471, 1.2418, 1.2388, 1.2345 and 1.2281. Here, we follow the development of the upward structure of February 9. The continuation of the upward movement is expected after the breakdown of 1.2471. In this case, the target is 1.2528. Near this level is the consolidation of the price. The breakdown at 1.2530 will allow us to count on the movement towards the level of 1.2580. The potential value for the top is the level of 1.2648. Upon reaching this level, we expect a rollback towards correction.
Short-term downward movement is possible in the area of 1.2418 - 1.2388. The breakdown of the last value will lead to an in-depth correction. In this case, the target is 1.2345. This level is the key support for the upward structure. Passing the price will lead to the development of the downward movement. In this case, the target is 1.2281 .
The main trend is the upward structure of February 9.
Trading recommendations:
Buy: 1.2471 Take profit: 1.2526
Buy 1.2530 Take profit: 1.2580
Sell: 1.2416 Take profit: 1.2390
Sell: 1.2385 Take profit: 1.2350
For the GBP / USD pair, the key levels on the scale of H1 are 1.4061, 1.3981, 1.3858, 1.3762, 1.3712 and 1.3615. Here, we follow the downward structure from January 25. At the moment, the price is in correction. And while we do not observe the expressed initial conditions for the top, we expect their clearance to the level of 1.4061. The continuation of the downward movement is expected after the breakdown of 1.3858. Here, the first target is 1.3762. Short-term downward movement is expected in the range of 1.3762 - 1.3712. The breakdown of the last value should be accompanied by a pronounced movement towards the level of 1.3615. Upon reaching this level, we expect a rollback to the top.
The main trend is the downward cycle from January 25, the correction stage.
Trading recommendations:
Buy: Take profit:
Buy: 1.3983 Take profit: 1.4060
Sell: 1.3856 Take profit: 1.3764
Sell: 1.3760 Take profit: 1.3714
For the USD / CHF pair, the key levels on the scale of H1 are: 0.9358, 0.9323, 0.9299, 0.9253, 0.9219, 0.9176 and 0.9146. Here, we follow the development of the downward structure of February 8. Short-term downtrend is possible in the area of 0.9253 - 0.9219. The breakdown of the last value should be accompanied by a pronounced movement towards the level of 0.9176. In the area of 0.9176 - 0.9146 is the consolidation of the price.
Short-term upward movement is possible in the area of 0.9299 - 0.9323. The breakdown of the last value will lead to in-depth correction. Here, the target is 0.9358. This level is the key support for the downward structure.
The main trend is the downward cycle from February 8.
Trading recommendations:
Buy: 0.9300 Take profit: 0.9320
Buy: 0.9325 Take profit: 0.9356
Sell: 0.9251 Take profit: 0.9220
Sell: 0.9217 Take profit: 0.9178
For the USD / JPY pair, the key levels on a scale are: 108.88, 108.23, 107.70, 106.88, 106.38, 105.50, 105.08 and 104.35. Here, we continue to follow the downward structure of February 2. Short-term downward movement is possible in the area of 106.88 - 106.38. The breakdown of the last value should be accompanied by a pronounced movement towards the level of 105.50. In the area of 105.50 - 105.08 is the consolidation of the price. The potential value for the bottom is the level of 104.35. After reaching this level, we expect a rollback to the top.
Short-term upward movement is possible in the area of 107.70 - 108.23. The breakdown of the last value will lead to in-depth correction. Here, the target is 108.88. This level is the key support for the downward structure.
The main trend is the downward structure of February 2.
Trading recommendations:
Buy: 107.70 Take profit: 108.20
Buy: 108.25 Take profit: 108.85
Sell: 106.35 Take profit: 105.55
Sell: 105.06 Take profit: 104.40
For the CAD / USD pair, the key H1 scale levels are: 1.2862, 1.2767, 1.2722, 1.2649, 1.2571, 1.2463, 1.2432 and 1.2372. Here, we follow the development of the upward cycle from February 1. The current price is in a deep correction. The continuation of the upward movement is expected after the breakdown of 1.2571. Here, the first target is 1.2650. The breakdown of this level will lead to a movement towards the level of 1.2722. In the area of 1.2722 - 1.2767 is the consolidation of the price. The potential value for the top is the level of 1.2862. Upon reaching this level, we expect a rollback towards correction.
The range of 1.2463 - 1.2432 is the key support for the top. Passing the price will lead to the development of the downward structure. Here, the target is 1.2372. Up to this level, we expect the initial conditions for the downward cycle to be formalized.
The main trend is the upward structure from February 1, the correction stage.
Trading recommendations:
Buy: 1.2571 Take profit: 1.2645
Buy: 1.2650 Take profit: 1.2720
Sell: 1.2432 Take profit: 1.2374
Sell: 1.2370 Take profit: 1.2320
For the AUD / USD pair, the key levels on the scale of H1 are: 0.8098, 0.8055, 0.7995, 0.7945, 0.7897, 0.7869 and 0.7771. Here, we determined the subsequent goals for the top from the local upward structure of February 14. The continuation of the upward movement is expected after the breakdown of 0.7945. In this case, the target is 0.7995. Near this level is the consolidation of the price. The breakdown at the level of 0.7995 should be accompanied by a pronounced upward movement. Here, the target here is 0.8055. The potential value for the top is the level 0.8098. Upon reaching this level, we expect a pullback downwards.
Short-term downward movement is possible in the area of 0.7897 - 0.7869. The breakdown of the last value will lead to in-depth correction. Here, the target is 0.7830. This level is the key support for the top.
The main trend is a local structure for the top of February 14.
Trading recommendations:
Buy: 0.7945 Take profit: 0.7992
Buy: 0.7995 Take profit: 0.8050
Sell: 0.7896 Take profit: 0.7870
Sell: 0.7866 Take profit: 0.7832
For the EUR / JPY pair, the key levels on the scale of H1 are: 136.18, 135.69, 134.73, 133.90, 132.75, 131.82, 131.36, 130.48 and 129.23. Here, we follow the downward structure of February 2. At the moment, the price is in correction. The continuation of the movement downwards is expected after the next breakdown of 132.75. In this case, the target is 131.82. In the area of 131.82 - 131.36 is the consolidation of the price. The breakdown at the level of 131.36 will allow us to count on the movement towards the level of 130.48. The potential value for the bottom is the level of 129.23. Upon reaching this level, we expect a rollback to the top.
Short-term upward movement is possible in the area of 133.90 - 134.73. The breakdown of the last value will lead to the development of an upward structure. In this case, the target is 135.70. The range 135.70 - 136.18 is noise. Before reaching it, we will design the initial conditions for the upward cycle.
The main trend is the downward structure from February 2, the correction stage.
Trading recommendations:
Buy: 133.90 Take profit: 134.70
Buy: 134.75 Take profit: 135.65
Sell: 132.75 Take profit: 131.80
Sell: 131.34 Take profit: 130.50
For the GBP / JPY pair, the key levels on the scale of H1 are: 153.87, 152.56, 151.62, 150.85, 149.08, 147.11 and 145.56. Here, we continue to follow the downward structure of February 2. The continuation of the movement downwards is expected after the breakdown of 149.08. In this case, the target is 147.11. Near this level is the consolidation of the price. A break at the level of 147.10 should be accompanied by a pronounced movement towards the potential level of 145.56. Upon reaching this level, we expect a rollback upward.
Short-term upward movement is possible in the area of 150.85 - 151.62. The breakdown of the last value will lead to in-depth correction. Here, the target is 152.56. This level is the key support for the bottom. Passing the price will lead to the development of an upward movement. In this case, the target is 153.87.
The main trend is the downward structure of February 2.
Trading recommendations:
Buy: 150.85 Take profit: 151.60
Buy: 151.65 Take profit: 152.50
Sell: 149.05 Take profit: 147.15
Sell: 147.08 Take profit: 145.60