EUR/USD, “Euro vs US Dollar”

The currency pair has completed a structure of decline to 1.0290. Getting support at this level, the market has performed a link of growth to 1.0440. Today a consolidation range might form around this level. With an escape upwards, a pathway up to 1.0590 will open. With an escape downwards, the pair may drop to 1.0365 and then grow to 1.0550.

EURUSD

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

The currency pair has completed the wave of decline at 1.1900. Today the market has completed a link of growth to 1.2077. A consolidation range is expected to form around this level. With an escape upwards, a pathway to 1.2250 will open. With an escape downwards, the pair might decline to 1.2002 and then grow to 1.2200.

GBPUSD

USD/JPY, “US Dollar vs Japanese Yen”

The currency pair has formed a wave of growth to 139.86. Bouncing off this level downwards, the market continues yet another wave of decline. At the moment, it has completed a structure of decline to 137.31 and a pattern of declining by the trend around this level. The wave is expected to continue to 134.87. The goal is local.

USDJPY

USD/CHF, “US Dollar vs Swiss Franc”

The currency pair has completed a wave of decline to 0.9440. At the moment, the market is forming a consolidation range around this level. With an escape downwards, a pathway down to 0.9355 will open. With an escape upwards, a link of growth to 0.9477 is not excluded, followed by a decline to 0.9377.

USDCHF

AUD/USD, “Australian Dollar vs US Dollar”

The currency pair has broken through a consolidation range upwards and suggests growing to 0.6838. Then a decline to 0.6577 (a test from above) and growth to 0.6855 should follow.

AUDUSD

Brent

Crude oil has completed a link of growth to 87.34. At the moment, the market is forming a narrow consolidation range under this level. We expect an escape upwards and continuation of the wave of growth to 90.00, followed by a correction to 85.00.

Brent

XAU/USD, “Gold vs US Dollar”

Gold got support at 1745.00 and completed a link of growth to 1763.83. At the moment, the market has broken through this level with a pattern of growth continuation. The goal of the growth is 1782.20. After this level is reached, a link of correction to 1763.83 and growth to 1790.34 are not excluded.

XAUUSD

S&P 500

The stock index got support at 3940.5 and started developing a structure of growth to 4100.0. After this level is reached, a wave of decline to 3897.5 might start.

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.

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