EUR/USD, “Euro vs US Dollar”

The currency pair continues developing a wave of decline to 1.0530.After this level is reached, a link of correction to 1.0590 is not excluded, followed by falling to 1.0460. The goal is first.

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

The currency pair continues declining to 1.2020. After this level is reached, a link of correction to 1.2171 is not excluded, followed by falling to 1.1900. The goal is first.

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USD/JPY, “US Dollar vs Japanese Yen”

The currency pair continues developing a wave of decline to 132.34. After this level is reached, a link of correction to 134.93 is not excluded, followed by falling to 131.70. The goal is first.

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USD/CHF, “US Dollar vs Swiss Franc”

The currency pair has formed a consolidation range around 0.9294. A link of decline to 0.9242 is not excluded, followed by growth to 0.9363. The goal is first.

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AUD/USD, “Australian Dollar vs US Dollar”

The currency pair continues developing a wave of decline to 0.6555. After this level is reached, a link of correction to 0.6699 is not excluded, followed by falling to 0.6500. The goal is first.

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Brent

Crude oil is forming a consolidation range around 80.40. An escape upwards and further growth to 85.55 is expected. A link of correction to 82.00 is not excluded, followed by growth to 92.50. The goal is local.

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XAU/USD, “Gold vs US Dollar”

Gold completed an impulse of decline to 1783.73. Today the market has corrected to 1795.00. A decline to 1780.60 is expected. With a breakaway of this level, a pathway down to 1763.30 is expected. The goal is first.

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S&P 500

The stock index continues developing a wave of decline to 3760.0. After this level is reached, a link of correction to 3876.0 is not excluded, followed by a decline to 3677.7. The goal is first.

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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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EUR/USD holds above 1.0700 ahead of key US data

EUR/USD holds above 1.0700 ahead of key US data

EUR/USD trades in a tight range above 1.0700 in the early European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground. 

EUR/USD News

USD/JPY stays above 156.00 after BoJ Governor Ueda's comments

USD/JPY stays above 156.00 after BoJ Governor Ueda's comments

USD/JPY holds above 156.00 after surging above this level with the initial reaction to the Bank of Japan's decision to leave the policy settings unchanged. BoJ Governor said weak Yen was not impacting prices but added that they will watch FX developments closely.

USD/JPY News

Gold price oscillates in a range as the focus remains glued to the US PCE Price Index

Gold price oscillates in a range as the focus remains glued to the US PCE Price Index

Gold price struggles to attract any meaningful buyers amid the emergence of fresh USD buying. Bets that the Fed will keep rates higher for longer amid sticky inflation help revive the USD demand.

Gold News

Sei Price Prediction: SEI is in the zone of interest after a 10% leap

Sei Price Prediction: SEI is in the zone of interest after a 10% leap

Sei price has been in recovery mode for almost ten days now, following a fall of almost 65% beginning in mid-March. While the SEI bulls continue to show strength, the uptrend could prove premature as massive bearish sentiment hovers above the altcoin’s price.

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US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase. 

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