EUR/USD, “Euro vs US Dollar”

After reaching the short-term downside target at 1.1730 and forming a new consolidation range there, EURUSD has broken it to the downside to reach 1.1710. Today, the pair may form one more ascending structure to break 1.1730 and then continue the correction to test 1.1750 from below. Later, the market may resume trading within the downtrend with the target at 1.1666.

EURUSD

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

After reaching the short-term downside target at 1.3734 and then forming a new consolidation range below this level, GBPUSD has broken it to the downside. Possibly, today the pair may continue falling towards 1.3697. Later, the market may start a new correction to return to 1.3734 and then resume trading downwards with the target at 1.3676.

GBPUSD

USD/RUB, “US Dollar vs Russian Ruble”

USDRUB continues the correction. Today, the pair may reach 73.00 and then form a new descending structure to break 72.50. Later, the market may continue trading within the downtrend with the target at 72.00.

USDRUB

USD/JPY, “US Dollar vs Japanese Yen”

USDJPY is still consolidating above 109.89. Possibly, the pair may fall to break 109.50 and then continue trading downwards with the target at 108.85.

USDJPY

USD/CHF, “US Dollar vs Swiss Franc”

After completing the ascending wave at 0.9324, USDCHF is consolidating around this level. Possibly, today the pair may expand the range down and up to 0.9292 and 0.9357 respectively. If later the price breaks this range to the downside, the market may start a new correction towards 0.9260; if to the upside – resume trading within the uptrend with the target at 0.9408.

USDCHF

AUD/USD, “Australian Dollar vs US Dollar”

After completing the descending structure at 0.7270 and breaking it to the downside, AUDUSD has reached 0.7227. Today, the pair may correct to test 0.7270 from below and then resume falling with the target at 0.7220.

AUDUSD

Brent

Brent is still consolidating around 75.30. Today, the asset may fall to reach 74.35 and then start a new growth with the short-term target at 77.70.

Brent

XAU/USD, “Gold vs US Dollar”

Gold is still consolidating around 1752.22. Possibly, today the metal may expand the range down to 1741.12 and then form one more ascending structure with the target at 1767.22.

XAUUSD

S&P 500

After forming a new consolidation range above 4438.8 and breaking it to the downside, the S&P index has reached the short-term target at 4400.0; right now, it is consolidating near the latter level. Possibly, the asset may expand the range down to 4390.1 and then start a new growth to break 4414.0. After that, the instrument may continue trading upwards to test 4438.8 from below and then resume falling with the target at 4350.0.

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.

Feed news Join Telegram

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD gathers momentum for a breakdown below 0.6400

AUD/USD gathers momentum for a breakdown below 0.6400

The AUD/USD pair is displaying back-and-forth moves in a narrow range of 0.6400-0.6422 in the Tokyo session. The asset has turned sideways after a perpendicular fall from 0.6540 as the market sentiment turned extremely sour on geopolitical tensions.

AUD/USD News

EUR/USD: Price balancing on a tightrope over the abyss ahead of NFP

EUR/USD: Price balancing on a tightrope over the abyss ahead of NFP

EUR/USD has sensed buying interest below 0.9800 as risk-off is losing its grip. The DXY is expected to remain volatile ahead of the US NFP data. Fed’s extreme policy tightening measures are responsible for weaker NFP projections.

EUR/USD News

Gold: Will it chart a bull penant on weak US NFP? Premium

Gold: Will it chart a bull penant on weak US NFP?

Gold price is trading on the back foot but holding above the $1,700 mark on the final trading day of the week. Despite a three-day downtrend, the bright metal is on track for the largest weekly gain since March, up 3% so far this week.

Gold News

TRON price could pull a 180 on bears and trigger a 60% rally soon

TRON price could pull a 180 on bears and trigger a 60% rally soon

TRON price has been stuck trading inside a massive bearish pattern for more than a year. Although TRX came very close to triggering a bearish breakout, buyers stepped up and reversed the trend. If this development continues, there could be a bullish breakout for the altcoin.

Read more

Nonfarm Payrolls Preview: Five scenarios for trading King Dollar as markets plead for pain Premium

Nonfarm Payrolls Preview: Five scenarios for trading King Dollar as markets plead for pain

No pain, no gain – this gym idiom resonates with stock bulls. The Federal Reserve has said it is willing to accept – and even wants to see – economic pain to see inflation falling. Last month was painful in financial markets, but did American employment also feel the pinch?

Read more

Majors

Cryptocurrencies

Signatures