As we can see at the H4 chart, Eurodollar is forming a consolidation channel. We think, today the price may continue falling to reach level of 1.1120. However, taking into consideration the fundamental background (start of the QE program), we can expect an alternative scenario, which implies that the pair may make a short-term growth towards level of 1.1845.
As we can see at the H1 chart, Pound is still moving inside a sideways consolidation channel. We think, today the price may form another descending structure to reach level of 1.5040 and then grow towards level of 1.5295. After that, the pair may continue falling inside the downtrend to the target at level of 1.4870.
As we can see at the H1 chart, Yen continues consolidating. We think, today the price may fall and reach level of 115.00. Later, in our opinion, the market may return to level of 118.00 and then continue moving downwards to reach level of 113.85.
As we can see at the H4 chart, Australian Dollar has fallen and broken level of 0.8080. We think, today the price may continue moving inside the downtrend. The target is at level of 0.7940.
As we can see at the H4 chart, after reaching level of 1300. Gold is attempting to form a consolidation channel. We think, today the price may fall towards level of 1276 and then form a correction with the target at level of 1294. Latter, in our opinion, the market may continue falling towards its first target at level of 1209.