EUR/USD, “Euro vs US Dollar”

EUR/USD is consolidating around 1.1755; after expanding the range up to 1.1800, it has returned to 1.1755. Possibly, the pair may rebound from this level to the upside again and then expand the range up to 1.1822 to complete this ascending wave. Later, the market may resume trading downwards with the first target at 1.1700.

EURUSD

 

GBP/USD, “Great Britain Pound vs US Dollar”

GBP/USD is consolidating around 1.2965; after expanding the range up to 1.3000, it has returned to 1.2965. Today, the pair may form one more ascending structure towards 1.3016 to complete this wave. After that, the instrument may start a new decline with the first target at 1.2900.

GBPUSD

 

USD/RUB, “US Dollar vs Russian Ruble”

USD/RUB is moving around 72.55. Possibly, today the pair may grow towards 72.80 and finish this ascending wave. Later, the market may form a new descending structure with the first target at 71.60.

USDRUB

 

USD/JPY, “US Dollar vs Japanese Yen”

After finishing the descending structure at 104.80 and then returning to 105.00, USDJPY has formed another consolidation range around the latter level; right now, it is moving not far from its upside border. Possibly, the pair may expand the range down to 104.66 and then start a new growth to reach 105.30. If later the price breaks this range to the upside, the market may resume trading upwards with the target at 105.66 or even 106.20.

USDJPY

 

USD/CHF, “US Dollar vs Swiss Franc”

USD/CHF is consolidating around 0.9147. Today, the pair may start another decline to reach 0.9100 and then resume trading upwards to break 0.9177. After that, the instrument may continue growing with the target at 0.9220.

USDCHF

 

AUD/USD, “Australian Dollar vs US Dollar”

AUD/USD is consolidating around 0.7155. Possibly, the pair may expand the range up to 0.7222 and then start a new decline to break 0.7070. After that, the instrument may continue trading downwards with the target at 0.7000.

AUDUSD

 

BRENT

Brent is forming another ascending impulse towards 44.30. Possibly, today the pair may break this level to the upside and then continue trading upwards with the target at 45.20. Later, the market may correct to reach 44.40 and then resume trading upwards with the short-term target at 45.80.

Brent

 

XAU/USD, “Gold vs US Dollar”

After completing another ascending wave at 1980.40, Gold is moving downwards to reach 1941.30 and may later reach 1960.50, thus forming a new consolidation range around 1941.30. if the price breaks this range to the downside, the instrument may form a new descending structure with the target at 1900.90 and then start another growth to return to 1941.30.

XAUUSD

 

BTC/USD, “Bitcoin vs US Dollar”

BTCUSD is consolidating around 11000.00. Possibly, the asset may fall to break 10700.00 and then continue trading downwards with the short-term target at 10000.00. Later, the market may form one more ascending structure to return to 10700.00.

BTCUSD

 

S&P 500

After forming one more ascending structure at 3264.8, the S&P 500 Index is falling to break 3222.2. After that, the instrument may continue trading downwards with the short-term target at 3135.2.

SP500

Before you enter foreign exchange and stock markets, you have to remember that trading currencies and other investment products is trading in nature and always involves a considerable risk. As a result of various financial fluctuations, you may not only significantly increase your capital, but also lose it completely. Therefore, our clients have to assure RoboForex that they understand all the possible consequences of such risks, they know all the specifics, rules and regulations governing the use of investment products, including corporate events, resulting in the change of underlying assets. Client understands that there are special risks and features that affect prices, exchange rates and investment products.

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