Fractal analysis of the main currency pairs for September 11

Forecast for September 11:

Analytical review of currency pairs in the scale of H1:

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For the EUR / USD currency pair, the key levels on the scale of H1 are: 1.1725, 1.1694, 1.1673, 1.1649, 1.1618, 1.1601, 1.1573 and 1.1525. Here, we follow the formation of the upward structure of September 10. The continued upward movement is expected after the breakdown of 1.1649. In this case, the target is 1.1673 and in the corridor of 1.1673 - 1.1694 is the consolidation. The potential value for the top is the level of 1.1725, from which we expect a rollback.

The short-term downward movement is possible in the corridor of 1.1618-1.1601 and the breakdown of the latter value will lead to an in-depth correction. Here, the target is 1.1573 and this level is the key support for the upward movement of September 10.

The main trend is the formation of the ascending structure of September 10.

Trading recommendations:

Buy 1.1650 Take profit: 1.1673

Buy 1.1695 Take profit: 1.1725

Sell: 1.1618 Take profit: 1.1602

Sell: 1.1598 Take profit: 1.1575

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For the Pound / Dollar currency pair, the key levels on the scale of H1 are 1.3229, 1.3161, 1.3110, 1.3040, 1.3007, 1.2971 and 1.2901. Here, we continue to follow the upward cycle of September 5. The continued upward movement is expected after the breakdown of 1.3110. Here, the target is 1.3161 and near this level is the consolidation. The potential value for the top is the level of 1.3229, upon reaching which we expect a pullback downwards.

The short-term downward movement is possible in the corridor of 1.3040 - 1.3007 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 1.2971 and this level is the key support for the top. Its breakdown will have a downward movement. Here, the target is 1.2901.

The main trend is the upward cycle of September 5.

Trading recommendations:

Buy: 1.3110 Take profit: 1.3160

Buy: 1.3164 Take profit: 1.3227

Sell: 1.3040 Take profit: 1.3008

Sell: 1.3005 Take profit: 1.2973

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For the currency pair Dollar / Franc, the key levels in the scale of H1 are: 0.9846, 0.9802, 0.9786, 0.9764, 0.9729, 0.9712 and 0.9686. Here, we monitor the formation of potential initial conditions for the top of September 7. Currently, we expect a rollback to the corrective zone. The continuation of traffic to the top is possible after the breakdown of 0.9764. In this case, the target is 0.9786 and near this level is the consolidation. The passage at the price of the noise range of 0.9786 - 0.9802 will allow us to count on the movement to the potential target of 0.9846, near this level is the consolidation and pullback downwards.

The short-term downward movement is possible in the corridor of 0.9729 - 0.9712 and the breakdown of the last value will lead to an in-depth movement. Here, the target is 0.9686 and this level is the key support for the top.

The main trend is the formation of the upward structure of September 7.

Trading recommendations:

Buy: 0.9764 Take profit: 0.9784

Buy: 0.9802 Take profit: 0.9842

Sell: 0.9727 Take profit: 0.9712

Sell: 0.9710 Take profit: 0.9688

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For the Dollar / Yen currency pair, the key levels on a scale of H1 are: 112.32, 112.02, 111.83, 111.53, 111.28, 111.06 and 110.47. Here, we continue to follow the upward structure of September 7. The continued upward movement is expected after the breakdown of 111.53. In this case, the target is 111.83 and in the corridor of 111.83 - 112.02 is the consolidation. The potential value for the top is the level of 112.32, upon which we expect consolidation, as well as a pullback downwards.

The short-term downward movement is possible in the corridor of 111.28 - 111.06 and the breakdown of the last value will have a downward structure. In this case, the potential target is 110.47.

The main trend: the upward structure of September 7.

Trading recommendations:

Buy: 111.55 Take profit: 111.80

Buy: 112.04 Take profit: 112.30

Sell: 111.28 Take profit: 111.08

Sell: 111.00 Take profit: 110.70

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For the Canadian Dollar / Dollar currency pair, the key levels on the H1 scale are: 1.3271, 1.3226, 1.3183, 1.3156, 1.3106, 1.3070, 1.3025 and 1.2996. Here, we follow the small downward structure of September 6. The short-term downtrend is expected in the range of 1.3106 - 1.3070 and the breakdown of the last value should be accompanied by a pronounced movement to the level of 1.3025. In the corridor of 1.3025 -1.2996 is the consolidation. Hence, we also expect a rollback to the top.

The short-term upward movement is possible in the corridor of 1.3156 - 1.3183 and the breakdown of the latter value will have an upward tendency. In this case, the first target is 1.3226. The potential value for the top is the level of 1.3271, to which we expect the expressed initial conditions for the upward cycle.

The main trend is the downward structure of September 6.

Trading recommendations:

Buy: 1.3156 Take profit: 1.3181

Buy: 1.3185 Take profit: 1.3226

Sell: 1.3106 Take profit: 1.3072

Sell: 1.3068 Take profit: 1.3027

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For the Australian Dollar / Dollar currency pair, the key levels in the scale of H1 are: 0.7241, 0.7216, 0.7171, 0.7144, 0.7094 and 0.7062. Here, we follow the downward structure of August 28 and expect a rollback upward. The short-term downward movement is expected in the range of 0.7094 - 0.7062, from this corridor there is a high probability of a turn upwards. We do not set further targets for the downward movement.

The short-term upward movement is possible in the corridor of 0.7144 - 0.7171 and the breakdown of the latter value will lead to formation of potential initial conditions for the top. In this case, the target is 0.7216 and the range of 0.7216 - 0.7241.

The main trend is the downward structure of August 28, we expect a pullback to the top.

Trading recommendations:

Buy: 0.7144 Take profit: 0.7170

Buy: 0.7173 Take profit: 0.7210

Sell: 0.7092 Take profit: 0.7062

Sell: Take profit:

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For the currency pair of Euro / Yen, the key levels on the scale of H1 are: 131.29, 130.55, 129.97, 129.35, 128.84 and 127.87. Here, we follow the formation of the potential for the top of September 10. The continuation of the upward movement is expected after the breakdown of 129.97. Here, the target is 130.55 and near this level is the consolidation. The potential value for the ascending structure is still the level of 131.29.

The short-term downward movement is possible in the corridor of 129.35 - 128.84 and the breakdown of the latter value will lead to the development of a downward trend. Here, the potential target is 127.87.

The main trend is the formation of the potential for the top of September 10.

Trading recommendations:

Buy: 129.97 Take profit: 130.50

Buy: 130.58 Take profit: 131.27

Sell: 129.33 Take profit: 128.88

Sell: 128.60 Take profit: 127.90

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For the Pound / Yen currency pair, the key levels on the scale of H1 are: 147.38, 146.99, 146.32, 145.84, 145.15, 144.63 and 143.96. Here, we follow the upward structure of September 7. The short-term upward movement is expected in the corridor of 145.84 - 146.32 and the breakdown of the last value will lead to the development of a pronounced movement. Here, the target is 146.99 and the potential value for the top is the level of 147.38, upon which we expect consolidation, as well as pullback.

The short-term downward movement is possible in the range of 145.15 - 144.63 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 143.96 and this level is the key support for the upward structure of September 7.

The main trend is the upward structure of September 7.

Trading recommendations:

Buy: 145.85 Take profit: 146.30

Buy: 146.35 Take profit: 146.95

Sell: 145.15 Take profit: 144.65

Sell: 144.60 Take profit: 144.00

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