For the currency pair Euro / Dollar, we should continue moving upwards after the breakdown of 1.1464 and the level of 1.1392 is the key support. For the currency pair Pound / Dollar, we should continue moving upwards and wait for the passage to pass at the price of the range of 1.3197 - 1.3245 and the level of 1.3058 is the key support. For the currency pair Dollar / Franc, the price is in the correction zone of the rising structure on January 10 and the level of 0.9906 is the key support for the top. For the currency pair Dollar / Yen, we are following the formation of the downward structure of January 25 and the development of which is expected after the breakdown of 108.98. For the currency pair Euro / Yen, we expect further uptrend after the breakdown of 125.15. For the currency pair Pound / Yen, the price is in the correction and we expect the continuation of the upward movement after the breakdown of 144.90, the level of 142.69 is the key support.

Forecast for January 29:

Analytical review of H1-scale currency pairs:

For the currency pair Euro / Dollar, the key levels on the H1 scale are 1.1548, 1.1514, 1.1464, 1.1415, 1.1392, 1.1366 and 1.1337. Here, we are following the formation of the ascending structure from January 24th. The continuation of the development of the upward movement is expected after the breakdown of 1.1464. In this case, the target is 1.1514. The potential value for the top is considered the level of 1.1548, upon reaching which we expect a rollback downwards.

The short-term downward movement is possible in the range of 1.1415 - 1.1392 and the breakdown of the last value will lead to a prolonged correction. Here, the target is 1.1366 and this level is the key support for the top. Its breakdown will lead to the formation of initial conditions for the downward cycle. In this case, the target is 1.1337.

The main trend is the formation of the ascending structure of January 24.

Trading recommendations:

Buy 1.1466 Take profit: 1.1512

Buy 1.1515 Take profit: 1.1546

Sell: 1.1415 Take profit: 1.1392

Sell: 1.1390 Take profit: 1.1366

For the currency pair Pound / Dollar, the key levels on the H1 scale are 1.3431, 1.3350, 1.3245, 1.3197, 1.3118, 1.3058 and 1.2981. Here, we continue to monitor the ascending structure of January 15. An upward movement is expected after the price passes the range of 1.3197 - 1.3245. In this case, the target is 1.3350, and consolidation is near this level. The potential value for the top is considered the level of 1.3431, upon reaching which we expect a rollback downwards.

The short-term downward movement is possible in the range of 1.3118 - 1.3058 and the breakdown of the latter value will lead to an in-depth correction. Here, the target is 1.2981 and this level is the key support for the upward structure.

The main trend is the local structure for the top of January 15.

Trading recommendations:

Buy: 1.3245 Take profit: 1.3350

Buy: 1.3353 Take profit: 1.3430

Sell: 1.3118 Take profit: 1.3060

Sell: 1.3055 Take profit: 1.2984

For the currency pair Dollar / Franc, the key levels on the H1 scale are 1.0065, 1.0034, 0.9984, 0.9930, 0.9906, 0.9874 and 0.9847. Here, we continue to follow the development of the upward cycle from January 10. At the moment, the price is in correction. An upward movement is expected after the breakdown of 0.9984. In this case, the target is 1.0034. The potential value for the top is considered the level of 1.0065, after reaching which we expect consolidation, as well as a rollback to the top.

The short-term downward movement, as well as consolidation, are possible in the range of 0.9930 - 0.9906. The breakdown of the latter value will lead to a prolonged correction. Here, the goal is 0.9874 and this level is the key support for the ascending structure. Its breakdown will lead to a movement to the level of 0.9847.

The main trend is the rising structure of January 10, the stage of correction.

Trading recommendations:

Buy: 0.9986 Take profit: 1.0032

Buy: 1.0035 Take profit: 1.0065

Sell: 0.9904 Take profit: 0.9880

Sell: 0.9872 Take profit: 0.9848

For the currency pair Dollar / Yen, the key levels on the scale of H1 are 110.33, 110.07, 109.92, 109.66, 109.50, 108.98, 108.75, 108.58 and 108.32. Here, we are following the formation of the downward structure from January 25th. We expect the downward movement to continue after the breakdown of 108.98. Here, the target is 108.75 and in the range of 108.75 - 108.58 is the price consolidation. The potential value for the bottom is considered the level of 108.32, after reaching which we expect a rollback to the top.

The short-term upward movement is possible in the range of 109.50. - 109.66 and the breakdown of the last value will have to develop the ascending structure. Here, the goal is 109.92 and the range of 109.92 - 110.07. Its price passage will allow us to count on the movement to the level of 110.33.

The main trend is the formation of a downward structure of January 25.

Trading recommendations:

Buy: 109.67 Take profit: 109.92

Buy: 110.08 Take profit: 110.30

Sell: 108.98 Take profit: 108.75

Sell: 108.58 Take profit: 108.32

For the currency pair Canadian dollar / Dollar, the key levels on the H1 scale are 1.3370, 1.3349, 1.3316, 1.3290, 1.3242, 1.3232, 1.3219 and 1.3197. Here, the price forms a pronounced potential for the upward movement of January 28. The continuation of the upward movement is expected after the breakdown of 1.3290. In this case, the goal is 1.3316, and consolidation is near this level. The breakdown of the level of 1.3316 should be accompanied by a pronounced upward movement. Here, the goal is 1.3349. The potential value for the top is considered the level of 1.3370, upon reaching which we expect a rollback downwards.

The short-term downward movement is possible in the range of 1.3242 - 1.3232 and the breakdown of the latter value will lead to an in-depth correction. Here, the target is 1.3219 and this level is the key support for the downward structure. Its breakdown will make it possible to count on the movement towards a potential target of 1.3197.

The main trend is the formation of potential for the top of January 28.

Trading recommendations:

Buy: 1.3290 Take profit: 1.3314

Buy: 1.3318 Take profit: 1.3349

Sell: 1.3232 Take profit: 1.3220

Sell: 1.3217 Take profit: 1.3197

For the currency pair Australian dollar / Dollar, the key levels on the H1 scale are 0.7296, 0.7267, 0.7225, 0.7208, 0.7160, 0.7143 and 0.7119. Here, the price forms a pronounced ascending structure of January 25. The short-term upward movement is expected in the range of 0.7208 - 0.7225 and the breakdown of the last value should be accompanied by a pronounced upward movement. Here, the target is 0.7267. The potential value for the bottom is considered the level of 0.7296, from which we expect a rollback downwards.

The short-term downward movement is possible in the range of 0.7160 - 0.7143 and the breakdown of the latter value will lead to an in-depth correction. Here, the target is 0.7119 and this level is the key support for the upward structure.

The main trend is the formation of initial conditions for the top of January 25.

Trading recommendations:

Buy: 0.7208 Take profit: 0.7225

Buy: 0.7227 Take profit: 0.7265

Sell: 0.7160 Take profit: 0.7145

Sell: 0.7140 Take profit: 0.7122

For the currency pair Euro / Yen, the key levels on the H1 scale are 127.22, 126.70, 125.79, 125.15, 123.74 and 123.05. Here, the price has issued a local structure to continue upwards movement on January 24. An upward movement is expected after the breakdown of 125.15. In this case, the target is 125.79 and price consolidation is near this level. The breakdown of 125.80 should be accompanied by a pronounced upward movement. Here, the goal is 126.70. The potential value for the top is considered the level of 127.22, after reaching which we expect a consolidated movement, as well as a rollback to the top.

The short-term downward movement is possible in the range of 123.74 - 123.05 and the breakdown of the latter value will have to form a downward structure. In this case, the potential target is 122.03, up to this level, we expect clearance of the expressed initial conditions for the downward cycle.

The main trend is the local ascending structure of January 24.

Trading recommendations:

Buy: 125.15 Take profit: 125.76

Buy: 125.82 Take profit: 126.70

Sell: 123.70 Take profit: 123.10

Sell: 123.05 Take profit: 122.10

For the currency pair Pound / Yen, the key levels on the H1 scale are 146.68, 145.74, 144.86, 143.91, 143.36, 142.69 and 141.12. Here, we are following the development of the ascending structure of January 15. The continuation of the upward movement is expected after the breakdown of 144.86. In this case, the target is 145.74. The potential value for the top is considered the level of 146.68, upon reaching which we expect consolidation, as well as a rollback to the top.

The short-term downward movement is possible in the range of 143.91 - 143.36 and the breakdown of the latter value will lead to an in-depth correction. Here, the target is 142.69 and the range of 142.69 - 142.12 is the key support for the top. In it, we expect the initial conditions for the downward cycle.

The main trend is the local ascending structure of January 15.

Trading recommendations:

Buy: 144.90 Take profit: 145.70

Buy: 145.75 Take profit: 146.65

Sell: 143.90 Take profit: 143.40

Sell: 143.30 Take profit: 142.70