AUDUSD
As a result of ongoing from December growth market reached today vicinity of the cluster of Fibonacci levels between 61.8% Fibo correction of the last bearish impulse and 38.2% of longterm declines. The rejection of this zone could restrain demand and pave the way for further declines now.
GBPUSD
As a result of ongoing almost since the beginning of December declines yesterday price arrived in the vicinity of the extremely important support 1.2125. Because apart from the October flash crash the market below this level was in February 1985, we expect a bullish reaction and at least a upward correction.
NZDUSD
The market for several days moves in consolidation. If declines will continue in near future we can expect a retest of level 0.6953.
USDCAD
Here, too from few days we see consolidation. Given the appearance of bullish reaction of demand around the level of 1.3197, in near future we expect return to growth.
Looking at the daily chart we see that market fluctuates between resistance 1.3285 and the rising trend line, which broken could open way to overcome declines in longer term.
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