Forecast for August 14:

Analytical overview of currency pairs on the H1 scale:

The key levels for the euro / dollar pair on the H1 scale are: 1.1963, 1.1924, 1.1897, 1.1853, 1.1800, 1.1775, 1.1749, 1.1693, 1.1629 and 1.1588. Here, the price is forming a potential for the upward movement from August 12. The continuation of the upward movement is expected after the breakdown of the level of 1.1853. In this case, the target is 1.1897. Price consolidation is in the range of 1.1897 - 1.1924. For the potential value for the top, we consider the level of 1.1963. Upon reaching which, we expect a downward pullback.

A short-term downward movement is possible in the range of 1.1800 - 1.1775. The breakdown of the last value will lead to a deep correction. Here, the target is 1.1749. This is the key support level for the local upward structure of August 12 and its breakdown will dispose to the formation of a downward potential, In this case, the first target - 1.1693.

The main trend is the local upward structure of August 12

Trading recommendations:

Buy: 1.1853 Take profit: 1.1897

Buy: 1.1898 Take profit: 1.1922

Sell: 1.1800 Take profit: 1.1776

Sell: 1.1774 Take profit: 1.1750

The key levels for the pound / dollar pair on the H1 scale are: 1.3185, 1.3108, 1.3066, 1.2997, 1.2943, 1.2873, 1.2824 and 1.2764. Here, we are following the formation of the downtrend structure from August 6th. A short-term downward movement is expected in the range of 1.2997 - 1.2943. The breakdown of the last value should be accompanied by a pronounced downward movement. Here, the target is 1.2873. There is a short-term downward movement, as well as consolidation in the range of 1.2873 - 1.2824. For the potential value for the bottom, we consider the level of 1.2764. Upon reaching which, we expect an upward pullback.

A consolidated movement is possible in the range of 1.3066 - 1.3108. The breakdown of the last value will encourage the formation of an upward structure. In this case, the potential target is 1.3185.

The main trend is the formation of a downward structure from August 6

Trading recommendations:

Buy: 1.3066 Take profit: 1.3106

Buy: 1.3110 Take profit: 1.3185

Sell: 1.2997 Take profit: 1.2945

Sell: 1.2940 Take profit: 1.2873

The key levels for the dollar / franc pair on the H1 scale are: 0.9308, 0.9268, 0.9240, 0.9199, 0.9150, 0.9127, 0.9090, 0.9060, 0.9021 and 0.8994. Here, we are watching the upward structure from August 5. At the moment, the price is in correction and is forming a potential for a downward movement from August 12. A short-term downward movement is possible in the range of 0.9090 - 0.9060. The breakdown of the last value will lead to a pronounced downward movement. Here, the target is 0.9021. For the potential value for the bottom, we consider the level of 0.8994. Upon reaching which, we expect consolidation, as well as an upward pullback.

A short-term upward movement is possible in the range of 0.9127 - 0.9150. The breakdown of the last value will encourage the formation of an upward structure. Here, the first potential target is 0.9199. This is a key resistance level for the top.

The main trend is the upward structure from August 5, the stage of correction

Trading recommendations:

Buy : 0.9127 Take profit: 0.9150

Buy : 0.9153 Take profit: 0.9195

Sell: 0.9090 Take profit: 0.9062

Sell: 0.9058 Take profit: 0.9021

The key levels for the dollar / yen pair on the scale are : 109.06, 108.70, 107.99, 107.51, 106.79, 106.43, 105.93 and 105.33. Here, we are following the development of the July 31 upward cycle. At the moment, we expect a movement to the level of 107.51. Short-term upward movement, as well as consolidation are in the range of 107.51 - 107.99. The breakdown of the level 108.00 will lead to a pronounced upward movement. Here, the target is 108.70. We consider the level of 109.06 as a potential value for the top. Upon reaching which, we expect consolidation, as well as a downward pullback.

A short-term downward movement is possible in the range of 106.79 - 106.43. The breakdown of the last value will lead to a deep correction. Here, the target is 105.93. This is the key support level for the top.

The main trend is the upward cycle on July 31

Trading recommendations:

Buy: 106.80 Take profit: 107.50

Buy : 107.53 Take profit: 107.95

Sell: 106.77 Take profit: 106.45

Sell: 106.40 Take profit: 105.95

The key levels for the Canadian dollar / US dollar pair on the H1 scale are: 1.3318, 1.3271, 1.3239, 1.3176, 1.3143, 1.3096, 1.3061 and 1.3006. Here, we are following the development of the downward structure from August 7th. A short-term downward movement is expected in the range of 1.3176 - 1.3143. The breakdown of the last value will lead to a pronounced downward movement. Here, the target is 1.3096. Price consolidation is in the range of 1.3096 - 1.3061. We consider the level of 1.3006 as a potential value for the bottom. Upon reaching which, we expect consolidation, as well as an upward pullback.

A short-term upward movement is possible in the range of 1.3239 - 1.3271. The breakdown of the last value will lead to a deep correction. Here, the target is 1.3318. This is a key support level for the downward structure.

The main trend is the descending structure from August 7

Trading recommendations:

Buy: 1.3240 Take profit: 1.3270

Buy : 1.3273 Take profit: 1.3318

Sell: 1.3174 Take profit: 1.3144

Sell: 1.3142 Take profit: 1.3096

The key levels for the Australian dollar / US dollar pair on the H1 scale are : 0.7247, 0.7196, 0.7157, 0.7135, 0.7108, 0.7071, 0.7044, 0.7008 and 0.6984. Here, we are following the development of the descending structure from August 6th. The continuation of the downward movement is expected after the breakdown of the level of 0.7108. In this case, the target is 0.7071. Price consolidation is in the range of 0.7071 - 0.7044. For the potential value for the bottom, we consider the level of 0.6984. Upon reaching which, we expect a consolidated movement in the range of 0.7008 - 0.6984, as well as an upward pullback.

The level 0.7196 is the key support for the bottom and its breakdown will lead to the development of an upward structure. Here, the first potential target is 0.7229. There is consolidation in the range of 0.7229 - 0.7247. A short-term downward movement is possible in the range of 0.7157 - 0.7135. The breakdown of the last value will encourage the development of the main structure. In this case, the first target is 0.7108.

The main trend is the descending structure from August 6, the stage of correction

Trading recommendations:

Buy: 0.7196 Take profit: 0.7229

Buy: Take profit:

Sell : 0.7157 Take profit : 0.7135

Sell: 0.7133 Take profit: 0.7108

The key levels for the euro / yen pair on the H1 scale are: 127.36, 127.09, 126.63, 126.32, 125.80, 125.49 and 125.11. Here, we are following the August 10 upward structure. A short-term upward movement is expected in the range 126.32 - 126.63. The breakdown of the last value will lead to a pronounced upward movement. Here, the target is 127.09. We consider the level of 127.36 as a potential value for the top. Upon reaching which, we expect consolidation, as well as a downward pullback.

A short-term downward movement is expected in the range 125.80 - 125.49. The breakdown of the last value will lead to a deep correction. Here, the target is 125.11. This is a key support level for the top.

The main trend is the upward cycle of August 10

Trading recommendations:

Buy: 126.32 Take profit: 126.60

Buy: 126.65 Take profit: 127.09

Sell: 125.80 Take profit: 125.50

Sell: 125.47 Take profit: 125.14

The key levels for the pound / yen pair on the H1 scale are: 141.13, 140.71, 140.09, 139.59, 138.64, 138.24, 137.79 and 137.29. Here, we are following the rising structure for August 7. A short-term upward movement is expected in the range 139.59 - 140.09. The breakdown of the last value should be accompanied by a pronounced upward movement. In this case, the target is 140.71. For the potential value for the top, we consider the level 141.13. Upon reaching which, we expect a consolidated movement, as well as a downward pullback.

A short-term downward movement is possible in the range of 138.64 - 138.24. The breakdown of the last value will encourage the development of a downward structure. Here, the first target is 137.79. For the potential value for the bottom, we consider the level of 137.29. We expect the formation of pronounced initial conditions for the downward cycle up to which.

The main trend is the local structure for the top from August 7

Trading recommendations:

Buy: 139.60 Take profit: 140.05

Buy: 140.10 Take profit: 140.70

Sell: 138.64 Take profit: 138.26

Sell: 138.32 Take profit: 137.80