Fractal analysis of the main currency pairs for June 26

0
11

Forecast for June 26:

Analytical review of currency pairs on the scale of H1:

The key levels for the euro / dollar pair on the H1 scale are: 1.1289, 1.1254, 1.1232, 1.1183, 1.1154, 1.1132, 1.1071 and 1.1029. Here, we are following the formation of the descending structure of June 23. The continuation of the downward movement is expected after the breakdown of the level of 1.1183. In this case, the goal is 1.1154. The price passing the noise range 1.1154 – 1.1132 will lead to the development of a pronounced downward movement. Here, the goal is 1.1071. For the potential value for the bottom, we consider the level of 1.1029. Upon reaching which, we expect an upward pullback.

A short-term upward movement is possible in the range of 1.1232 – 1.1254. The breakdown of the last level will lead to a deeper correction. Here, the goal is 1.1289. This is the key support level for the downward structure of June 23.

The main trend is the formation of the downward structure of June 23

Trading recommendations:

Buy: 1.1232 Take profit: 1.1252

Buy: 1.1255 Take profit: 1.1287

Sell: 1.1183 Take profit: 1.1155

Sell: 1.1130 Take profit: 1.1080

analytics5ef59cc8944f1.jpg

The key levels for the pound / dollar pair on the H1 scale are: 1.2682, 1.2635. 1.2548. 1.2518, 1.2468, 1.2399, 1.2375 and 1.2332. Here, the price is close to the cancellation of the upward structure from June 22nd, which requires the passage of the noise range 1.2399 – 1.2375. In this case, the potential target is 1.2332. The continuation of the upward movement is expected after the breakdown of the level of 1.2468. In this case, the target is 1.2518. The price passing the noise range 1.2518 – 1.2548 will lead to the development of a pronounced upward movement. Here, the target is 1.2635. For the potential value for the top, we consider the level of 1.2682. Upon reaching which, we expect consolidation, as well as a downward pullback.

The main trend is the formation of initial conditions for the top of June 22, the stage of deep correction

Trading recommendations:

Buy: 1.2468 Take profit: 1.2518

Buy: 1.2548 Take profit: 1.2635

Sell: 1.2375 Take profit: 1.2334

Sell: Take profit:

analytics5ef59cdfee4fc.jpg

The key levels for the dollar / franc pair on the H1 scale are: 0.9550, 0.9533, 0.9508, 0.9489, 0.9468, 0.9458 and 0.9443. Here, we are following the formation of the initial conditions for the top of June 23. A short-term upward movement is expected in the range of 0.9489 – 0.9508. The breakdown of the last level will lead to a pronounced upward movement. Here, the target is 0.9533. For the potential value for the top, we consider the level of 0.9550. Upon reaching which, we expect consolidation, as well as a downward pullback.

A short-term downward movement is possible in the range of 0.9468 – 0.9458. The breakdown of the last level will lead to a deeper correction. In this case, the target is 0.9443. This is the key support level for the top.

The main trend is the formation of initial conditions for the top of June 23

Trading recommendations:

Buy : 0.9490 Take profit: 0.9505

Buy : 0.9510 Take profit: 0.9533

Sell: 0.9468 Take profit: 0.9459

Sell: 0.9457 Take profit: 0.9445

analytics5ef59cf538894.jpg

The key levels for the dollar / yen pair on the scale are : 108.28, 107.95, 107.70, 107.37, 107.23, 106.94, 106.79 and 106.56. Here, we are watching the formation of potential for the top of June 23. The continuation of the upward movement is expected after the price passes the noise range 107.23 – 107.37. In this case, the target is 107.70. Short-term upward movement, as well as consolidation are in the range of 107.70 – 107.95. For the potential value for the top, we consider the level of 108.28. Upon reaching which, we expect a downward pullback.

A short-term downward movement is possible in the range of 106.94 – 106.79. The breakdown of the last level will lead to a deeper correction. Here, the target is 106.56. This is the key support level for the top.

The main trend is building potential for the top of June 23

Trading recommendations:

Buy: 107.37 Take profit: 107.70

Buy : 107.72 Take profit: 107.92

Sell: 106.94 Take profit: 106.80

Sell: 106.75 Take profit: 106.56

analytics5ef59d0cf2472.jpg

The key levels for the Canadian dollar / US dollar pair on the H1 scale are: 1.3813, 1.3766, 1.3709, 1.3674, 1.3604, 1.3566, 1.3526 and 1.3487. Here, the price forms the potential for the top of June 23. The continuation of the upward movement is expected after the breakdown of the level of 1.3674. In this case, the target is 1.3709. Price consolidation is near this level. The breakdown of the level of 1.3709 will lead to a pronounced upward movement. Here, the target is 1.3766. The potential value for the top is the level 1.3813. Upon reaching which, we expect consolidation, as well as a downward pullback.

A short-term downward movement is possible in the range of 1.3604 – 1.3566. The breakdown of the last level will lead to a deeper correction. Here, the target is 1.3526. This is a key support level for the top and the price passing this level will lead to the development of a downward structure. In this case, the first potential target is 1.3487.

The main trend is the formation of the upward potential of June 23

Trading recommendations:

Buy: 1.3674 Take profit: 1.3707

Buy : 1.3711 Take profit: 1.3765

Sell: 1.3604 Take profit: 1.3570

Sell: 1.3564 Take profit: 1.3526

analytics5ef59d28ddca5.jpg

The key levels for the Australian dollar / US dollar pair on the H1 scale are : 0.7031, 0.6986, 0.6967, 0.6944, 0.6909, 0.6841, 0.6809 and 0.6757. Here, we follow the local rising structure of June 19th. The continuation of the upward movement is expected after the breakdown of the level of 0.6909. In this case, the first target is 0.6944. The breakdown of which will lead to a movement to the level of 0.6967. The price passing the noise range 0.6967 – 0.6986 should be accompanied by a pronounced upward movement. Here, the target is 0.7031. Price consolidation is near this level.

The resumption of the development of a downward trend is possible after a breakdown of the level of 0.6840. Here, the first goal is 0.6809. The breakdown of which should be accompanied by a pronounced downward movement. Here, the potential target is -0.6757.

The main trend is the local upward structure of June 19

Trading recommendations:

Buy: 0.6910 Take profit: 0.6942

Buy: 0.6945 Take profit: 0.6967

Sell : 0.6840 Take profit : 0.6810

Sell: 0.6807 Take profit: 0.6760

analytics5ef59d3f40e6d.jpg

The key levels for the euro / yen pair on the H1 scale are: 121.87, 121.53, 121.03, 120.55, 119.91, 119.67 and 119.26. Here, we are following the ascending structure of June 22. The continuation of the upward movement is expected after the breakdown of the level of 120.55. In this case, the target is 121.03. Price consolidation is near this level and its breakdown should be accompanied by a pronounced upward movement. Here, the goal is 121.53. For the potential value for the top, we consider the level of 121.87. Upon reaching which, we expect a downward pullback.

A short-term downward movement is possible in the range of 119.91 – 119.67. This range is a key support for the top and the price passing this level will favor the development of a downward structure. In this case, the first potential target is 119.26.

The main trend is the formation of initial conditions for the top of June 22

Trading recommendations:

Buy: 120.55 Take profit: 121.00

Buy: 121.05 Take profit: 121.50

Sell: 119.90 Take profit: 119.70

Sell: 119.65 Take profit: 119.26

analytics5ef59d57a3393.jpg

The key levels for the pound / yen pair on the H1 scale are : 135.62, 135.13, 134.40, 133.78, 133.31, 132.73, 132.47, 132.19 and 131.74. Here, the price forms the potential for the top of June 22. A short-term upward movement is expected in the range of 133.31 – 133.78. The breakdown of the last level will lead to a pronounced upward movement. Here, the target is 134.40. The breakdown of which, in turn, will allow us to count on movement to the level of 135.13. For the potential value for the top, we consider the level of 135.62. Upon reaching this level, we expect a downward pullback.

A short-term downward movement is possible in the range of 132.73 – 132.47. The breakdown of the last level will lead to a deeper correction. Here, the target is 132.19. This is a key support level for the top and the price passing this level will allow you to count on movement to the level of 131.74.

The main trend is the formation of initial conditions for the upward cycle of June 22

Trading recommendations:

Buy: 133.31 Take profit: 133.75

Buy: 133.80 Take profit: 134.40

Sell: 132.73 Take profit: 132.47

Sell: 132.44 Take profit: 132.20

The material has been provided by InstaForex Company – www.instaforex.com