EUR/USD, “Euro vs US Dollar”

After finishing another ascending wave at 1.1815 and even extending the fifth structure towards 1.1849, EURUSD has returned to 1.1784; right now, it is consolidating around 1.1820. Possibly, today the pair may form one more ascending structure to reach the latter level or even break it. After that, the instrument may correct towards 1.1876. However, if the price breaks the range to the downside at 1.1780, the market may resume trading downwards with the target at 1.1660.

EURUSD

 

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

After failing to break 1.3060 to the downside on the first try, GBPUSD is consolidating in the middle of the range around 1.3100. Possibly, the pair may start another growth to reach 1.3140 and then resume falling with the short-term target at 1.2940.

GBPUSD

 

USD/RUB, “US Dollar vs Russian Ruble”

USDRUB is falling towards 73.93. Today, the pair may reach this level and then start a new correction towards 74.40. If later the price breaks the current range to the downside, the market may resume trading downwards to reach 71.90; if to the upside – form one more ascending structure with the target at 75.20.

USDRUB

 

USD/JPY, “US Dollar vs Japanese Yen”

USDJPY is still growing towards 106.27 and may later fall to reach 105.68, thus forming a new consolidation range between these two levels. If the price breaks the current range to the downside, the market may resume trading downwards to reach 104.90; if to the upside – continue the correction with the target at 106.60.

USDJPY

 

USD/CHF, “US Dollar vs Swiss Franc”

USDCHF is consolidating around 0.9111. Possibly, the pair may break this range to the upside and reach the short-term target at 0.9150. Later, the market may start a new decline to return to 0.9111 and then form one more ascending structure with the first target at 0.9165.

USDCHF

 

AUD/USD, “Australian Dollar vs US Dollar”

AUDUSD is still consolidating around 0.7173. Today, the pair may fall to break 0.7140 and then continue trading downwards with the short-term target at 0.7070.

AUDUSD

 

BRENT

After breaking 45.60 to the upside, Brent is expected to reach 46.20. After that, the instrument may correct towards 45.15 and then resume trading upwards with the short-term target at 47.45.

Brent

 

XAU/USD, “Gold vs US Dollar”

Gold is still consolidating around 1934.55 and may fall towards the downside border at 1908.00. If later the price breaks this level, the market may resume trading downwards with the target at 1887.88 and then 1850.00. However, if this range is broken to the upside at 1944.44, the instrument may start another correction towards 1975.50 and then form a new descending structure to reach 1850.00.

XAUUSD

 

BTC/USD, “Bitcoin vs US Dollar”

BTCUSD is consolidating around 11600.00. Possibly, today the pair may expand the range up to 11800.00 and then form a new descending structure to reach 11200.00 or even break it. After that, the instrument may continue the correction with the target at 11000.00 and then 10550.00.

BTCUSD

 

S&P 500

After finishing the ascending wave at 3448.8, the S&P index is expected to correct towards 3413.7. Later, the market may resume moving upwards with the target at 3461.9.

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.

Feed news Join Telegram

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD holds above 1.0700 after US inflation data

EUR/USD holds above 1.0700 after US inflation data

EUR/USD stays in the lower half of its daily range but continues to trade above 1.0700 in the early American session on Friday. The data from the US showed that the annual Core PCE Price Index declined to 4.9% in April as expected, making it difficult for the dollar to gather strength.

EUR/USD News

GBP/USD trades above 1.2600 as dollar struggles to find demand

GBP/USD trades above 1.2600 as dollar struggles to find demand

GBP/USD clings to daily gains above 1.2600 and remains on track to end the week in positive territory. The greenback struggles to attract investors after the data from the US showed that PCE inflation softened in April. 

GBP/USD News

Gold pulls away from daily highs, holds above $1,850

Gold pulls away from daily highs, holds above $1,850

Gold has lost its traction in the second half of the day on Friday and declined toward the $1,850 area. The benchmark 10-year US Treasury bond yield staged a modest rebound on the US PCE inflation data, not allowing XAU/USD to preserve its bullish momentum.

Gold News

Terra’s LUNA 2.0 support expands with Binance and Kraken welcoming the airdrop, here’s how you need to prepare

Terra’s LUNA 2.0 support expands with Binance and Kraken welcoming the airdrop, here’s how you need to prepare

Terra’s LUNA fork proposal has passed with 65.5% votes, Revival Plan 2 in action without algorithmic stablecoin UST. LUNA price could wipe out losses incurred by holders in the colossal crash of LUNC and UST. 

Read more

FXStreet Premium users exceed expectations

FXStreet Premium users exceed expectations

Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today!

BECOME PREMIUM

Majors

Cryptocurrencies

Signatures