EUR/USD, “Euro vs US Dollar”

After breaking 1.1800 to the upside and then reaching 1.1900, EURUSD is still trading upwards. Possibly, the pair may correct a little bit to reach 1.1861 and then form one more ascending structure towards 1.1950 or even 1.2000. However, if the price breaks the ascending channel to the downside, the market may start a more significant correction with the target at 1.1750.

EURUSD

 

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

After breaking 1.3000 and reaching 1.3111, GBPUSD is expected to continue growing towards 1.3200 or even 1.3288. After that, the instrument may start a new correction with the first target at 1.2976.

GBPUSD

 

USD/RUB, “US Dollar vs Russian Ruble”

After breaking 72.66 to the upside, USDRUB is expected to continue growing towards 73.90 and may later fall to reach 72.17. After that, the instrument may start another growth towards 74.44 and then form a new descending structure with the target at 71.21.

USDRUB

 

USD/JPY, “US Dollar vs Japanese Yen”

After breaking 104.66 to the downside, USDJPY is expected to continue falling with the short-term target at 104.10. Later, the market may start a new correction to reach 105.12 and then resume trading downwards with the target at 103.30.

USDJPY

 

USD/CHF, “US Dollar vs Swiss Franc”

USD/CHF has broken 0.9100 to the downside; right now, it is still falling. Today, the pair may reach 0.9050 and then start a new correction with the target at 0.9170.

USDCHF

 

AUD/USD, “Australian Dollar vs US Dollar”

AUD/USD is moving upwards. Possibly, the pair may reach 0.7252 and then start a new correction with the target at 0.7070.

AUDUSD

 

BRENT

After finishing another descending structure at 41.70 and then returning to 43.70, Brent may grow to break 44.30 to the upside and then continue trading upwards to reach 45.80. However, if the price breaks 42.70 to the downside, the market may form a new descending structure towards 41.00 and then start another growth with the target at 46.60.

Brent

 

XAU/USD, “Gold vs US Dollar”

After completing the descending wave at 1941.41 along with the ascending structure towards 1960.56, Gold is consolidating around the latter level. If later the price breaks this range to the downside, the instrument may form a new descending structure to break 1941.00 and then continue falling with the target at 1901.50; if to the upside – resume trading upwards to reach 1980.40 or even 2000.00.

XAUUSD

 

BTC/USD, “Bitcoin vs US Dollar”

BTCUSD is still 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 and then form one more ascending structure to return to 10700.00. However, if the price breaks the range to the upside, the instrument may resume growing to reach 11400.00 or even 11600.00.

BTCUSD

 

S&P 500

After completing the descending wave at 320.4.5 and finishing the ascending structure at 3240.9, the S&P has tried to break 3264.8 and fix above this level; right now, the price is back inside the consolidation range. Possibly, the Index may fall towards the downside border of this range at 3200.0 to break it and then continue trading downwards to reach 3111.1. However, if the price grows to break 3279.0, the instrument may continue trading upwards with the target at 3335.0 or even 3400.0.

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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