EUR/USD, “Euro vs US Dollar”

After completing the descending structure at 1.2146 along with the ascending impulse towards 1.2195, EURUSD is consolidating below the latter level. If the price breaks this range to the upside, the market may start another growth to reach 1.2244. On the other hand, if the asset falls and beaks 1.2146, the instrument may continue correcting with the target at 1.2100.

EURUSD

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

After reaching 1.4071 and rebounding from this level, GBPUSD is growing to break 1.4200 and may later continue trading upwards to reach 1.4280. However, if the asset falls and breaks 1.4080, the market may form a new descending structure with the target at 1.4030.

GBPUSD

USD/RUB, “US Dollar vs Russian Ruble”

After reaching the predicted downside target at 71.71, USDRUB is expected to consolidate above this level. If later the price breaks this range to the upside, the market may start a new correction towards 75.00; if to the downside – resume falling to reach 71.40.

USDRUB

USD/JPY, “US Dollar vs Japanese Yen”

After completing the ascending wave at 109.78 along with the descending structure towards 109.45, USDJPY is expected to consolidate around the latter level. Today, the pair may expand the range down to 109.11 and then form one more ascending structure to return to 109.78.

USDJPY

USD/CHF, “US Dollar vs Swiss Franc”

USDCHF is still consolidating around 0.8970. Possibly, today the pair may expand the range down to 0.8888 and then resume trading upwards with the short-term target at 0.9052.

USDCHF

AUD/USD, “Australian Dollar vs US Dollar”

AUDUSD has finished the descending structure at 0.7715 along with the ascending impulse towards 0.7760; right now, it is consolidating below the latter level. If the price breaks this range to the upside, the market may start another growth to reach 0.7785. On the other hand, if the asset falls and beaks 0.7715, the instrument may continue trading downwards with the target at 0.7648.

AUDUSD

Brent

Brent is still consolidating above 71.50. Possibly, today the asset may correct towards 70.00 and then resume trading upwards with the target at 75.55.

Brent

XAU/USD, “Gold vs US Dollar”

Gold is still consolidating around 1890.00. If later the price breaks this range to the upside, the market may start a new growth towards 1927.81; if to the downside – continue the correction to reach 1852.64.

XAUUSD

S&P 500

The S&P index is still consolidating around 4222.0. Possibly, today the asset may break this range to the upside and resume growing towards 4275.1. After that, the instrument may correct downwards to reach 4170.0 and then form one more ascending structure with the target at 4303.3.

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

Latest Forex Analysis


Latest Forex Analysis

Editors’ Picks

EUR/USD loses 1.21 as the dollar extends its gains

EUR/USD has dipped below 1.21, some 70 pips down on the day as the dollar recovers alongside Treasury yields. US Consumer Sentiment beat estimates with 86.4 points. 

EUR/USD News

GBP/USD retreats amid UK GDP miss, reopening concerns

GBP/USD is hovering around 1.4150, down on the day. UK GDP missed with 2.3% in April and a four-week delay to Britain's reopening is speculated. The greenback is gaining some ground.

GBP/USD News

XAU/USD drops back below $1900, as US dollar rebounds ahead of data

Gold price has retraced below the $1900 mark once again, having tested Tuesday’s high near $1903. The latest leg down in gold price comes on the back of a tepid bounce staged by the US dollar, as the Treasury yields trim losses across the curve.

Gold News

Ethereum price prepares for a bullish weekend, targeting $3,000

Ethereum price seems prime to revisit $3,000. Although ETH faces resistance at $2,300, the upswing seems imminent. A downswing below $2,000 could invalidate the bullish thesis. 

Read more

Hot Inflation is warming the seat for the June FOMC

Americans are seeing the fastest price increases since their seventh-graders were born as inflation builds into the US economy from the disruptions of the pandemic lockdowns. Core CPI at 3.8% is the steepest gain in 29 years.

Read more

Majors

Cryptocurrencies

Signatures