EUR/USD, “Euro vs US Dollar”

The currency pair has formed a consolidation range around 1.0410. With an escape upwards, a pathway for growth to 1.0445 will open. With an escape downwards, a link of correction to 1.0330 is not excluded, followed by growth to 1.0500.

EURUSD

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

The currency pair continues developing a consolidation range around 1.2100. With an escape upwards, a pathway up to 1.2170 will open. With an escape downwards, a link of decline to 1.1990 will open. Next, growth to 1.2200.

GBPUSD

USD/JPY, “US Dollar vs Japanese Yen”

The currency pair has completed an impulse of growth to 139.00 and a correction to 138.40. Practically, the market has set the borders for a consolidation range. With an escape upwards, a wave of growth to 139.66 will become possible. With an escape downwards, a pathway down to 137.66 will open.

USDJPY

USD/CHF, “US Dollar vs Swiss Franc”

The currency pair continues developing a consolidation range under 0.9440. With an escape upwards, a pathway to 0.9490 will open. With an escape downwards, a decline to 0.9380 is not excluded.

USDCHF

AUD/USD, “Australian Dollar vs US Dollar”

The currency pair has formed a consolidation range around 0.6750. With an escape upwards, a pathway to 0.6818 will open. With an escape downwards, a link of correction to 0.6700 is not excluded, followed by growth to 0.6818.

AUDUSD

Brent

Crude oil continues developing a consolidation range around 85.00. With an escape upwards, a pathway of correction to 89.50 will open. With an escape downwards, a link of decline to 81.18 is not excluded, followed by growth to 89.55.

Brnet

XAU/USD, “Gold vs US Dollar”

Gold continues forming a consolidation range around 1752.30. With an escape upwards, a pathway to 1765.80 will open. With an escape downwards, a link of correction to 1746.00 is not excluded, followed by growth to 1775.00, from where the trend may continue to 1784.84.

XAUUSD

S&P 500

The stock index has got support at 3997.7 and suggests considering extension of the structure of growth to 4063.0. After this level is reached, a decline to 3997.7 might follow, and then growth to 4090.4, falling to 3934.0, and then possibly - to 3777.7.

S&P 500

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.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD edges lower toward 1.0700 post-US PCE

EUR/USD edges lower toward 1.0700 post-US PCE

EUR/USD stays under modest bearish pressure but manages to hold above 1.0700 in the American session on Friday. The US Dollar (USD) gathers strength against its rivals after the stronger-than-forecast PCE inflation data, not allowing the pair to gain traction.

EUR/USD News

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD lost its traction and turned negative on the day near 1.2500. Following the stronger-than-expected PCE inflation readings from the US, the USD stays resilient and makes it difficult for the pair to gather recovery momentum.

GBP/USD News

Gold struggles to hold above $2,350 following US inflation

Gold struggles to hold above $2,350 following US inflation

Gold turned south and declined toward $2,340, erasing a large portion of its daily gains, as the USD benefited from PCE inflation data. The benchmark 10-year US yield, however, stays in negative territory and helps XAU/USD limit its losses. 

Gold News

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000

Bitcoin’s recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

Read more

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.

Read more

Majors

Cryptocurrencies

Signatures