As we can see in the daily chart, after completing the ascending wave at 58000.00 along with the correctional structure towards 43000.00.
XAUUSD has plunged to 38.2% fibo but may yet continue falling towards 50.0% fibo; in the case of USDCHF, the mid-term uptrend continues.
Early in spring, EURUSD is looking rather weak amid active demand for risks on the market.
EURUSD is rebounding from the cloud’s downside border; EURJPY is growing within the rising channel, while USDCAD is correcting before resuming its growth.
EURUSD is testing the channel’s downside border; USDJPY is rebounding from the resistance level, while EURGBP continues trading downwards.
EURUSD may fall to reach 1.2023; in the case of GBPUSD, the correction continues.
After finishing the correction at 1.2066, EURUSD is consolidating above this level.