EUR/USD, “Euro vs US Dollar”

EURUSD has completed the ascending wave at 1.1850; right now, it is consolidating around this level. If later the price breaks this range to the upside, the market may continue the correction towards 1.1924 and then start a new decline to test 1.1850 from above.


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

GBPUSD has formed the consolidation range around 1.3876. Possibly, the pair may continue the correction towards 1.3975 and then form a new descending structure to test 1.3876 from above. Later, the market may start another growth with the target at 1.4000.


USD/RUB, “US Dollar vs Russian Ruble”

USDRUB has finished the descending wave at 73.45. Today, the pair may start another growth towards 73.88 and then resume trading downwards to break 73.00. After that, the instrument may continue falling with the short-term target at 72.66.


USD/JPY, “US Dollar vs Japanese Yen”

After rebounding from 110.25, USDJPY is forming a new descending structure towards 109.40. Later, the market may start a new correction with the target at 110.20.


USD/CHF, “US Dollar vs Swiss Franc”

After completing the descending wave at 0.9105 and forming a new consolidation range around this level, USDCHF has broken it to the downside. Today, the pair may extend the correction down to 0.9044.


AUD/USD, “Australian Dollar vs US Dollar”

AUDUSD is still consolidating below 0.7388. Possibly, the pair may break the range to the upside and grow towards 0.7510. Later, the market may return to 0.7380 to test it from above and then resume trading upwards with the target at 0.7542.



Brent is trading to break the upside border of the range. Possibly, the asset may continue growing to reach 77.00 and then start a new correction towards 73.00. After that, the instrument may form one more ascending structure with the target at 81.00.


XAU/USD, “Gold vs US Dollar”

After breaking 1810.00, Gold is expected to continue the correction up to 1825.95. Later, the market may fall to test 1810.00 from above and then start another growth with the target at 1828.88.


S&P 500

The S&P index is still consolidating above 4377.0 without any particular direction. If later the price breaks this range to the downside, the market may form a new descending structure towards 4331.4; if to the upside – resume growing to complete the ascending wave at 4430.0 and then start a new decline with the first target at 4232.2.


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

How do emotions affect trade?
Follow up our daily analysts guidance

Subscribe Today!    

Latest Forex Analysis

Latest Forex Analysis

Editors’ Picks

EUR/USD licks its wounds ahead of US consumer confidence

EUR/USD is below 1.18 but off the lows. The dollar is paring some of its gains ahead of US Consumer Confidence, final eurozone inflation data and expiry of options on Wall Street. 


GBP/USD struggles around 1.38 after weak US Retail Sales

GBP/USD is on the back foot around 1.38 after UK Retail Sales figures disappointed with -0.9% in August, worse than expected. Brexit uncertainty and dollar demand weighed on the pair earlier. 


Gold attempts to rebound from multi-week around $1,750

Gold prices heading toward a second weekly losses on Friday. After observing a single-day big fall in the overnight session, prices experience some stabilization near $1,750. A slight downtick in the US dollar backs the recent consolidation in the prices.

Gold News

Ethereum Classic Price Prediction: ETC coils up for 40% upswing

Ethereum Classic price shows choppy action as it approaches the lower trendline of an ascending parallel channel. The $52.92 support floor is likely to be tagged before a 40% upswing originates.

Read more

US Michigan Consumer Sentiment Preview: Markets will have to look hard for positive signs

Consumer outlook expected to rebound to 72.2 in September. August’s 70.2 was the lowest since December 2011. Inflation and Delta variant wearing on US optimism. Markets face negative dollar risk from fading consumer optimism.

Read more