EUR/USD, “Euro vs US Dollar”
The currency pair might demonstrate a structure of decline to 1.0835. Today the market has developed a structure of growth to 1.0892. At the moment, the market is forming a consolidation range around this level. With an escape upwards, the price might leap up to 1.0940. With an escape downwards, the wave of growth might continue to 1.0760.
GBP/USD, “Great Britain Pound vs US Dollar”
The currency pair has performed a new structure of decline to 1.2263. Today the market has developed an impulse of growth to 1.2313. At the moment, the market is forming a consolidation range around this level. With an escape upwards, a structure of growth to 1.2368 may form, from where the wave might develop to 1.2455. With an escape downwards, a pathway for a wave of decline to 1.2085 will open.
USD/JPY, “US Dollar vs Japanese Yen”
The currency pair continues developing a consolidation range around 130.00. The range today might extend to 131.24. Then a wave of decline to 125.35 might start.
USD/CHF, “US Dollar vs Swiss Franc”
The currency pair has performed a link of growth to 0.9273. Today a wave of decline to 0.9040 might start, and then growth to 0.9400 should follow.
AUD/USD, “Australian Dollar vs US Dollar”
The currency pair continues developing a wave of growth to 0.7111. After this level is reached,a wave of decline to 0.6875 should start.
Brent
Brent has performed a correction to 87.15. Another structure of decline to 85.45 might follow. Then the pair should grow to 90.30, from where the wave might extend to 93.00.
XAU/USD, “Gold vs US Dollar”
Gold has corrected to 1917.15 and has developed a link of growth to 1939.59. Today the market continues developing a structure of decline to 1928.33. Practically the market continues developing a consolidation range around this level. With an escape upwards, the price might grow to 1949.60. With an escape downwards, a pathway to 1888.88 should open.
S&P 500
The stock index continues forming a consolidation range around 4000.0. With an escape upwards, a link of growth to 4050.0 is not excluded. With an escape downwards, a wave of decline to 3855.5 should start. The goal is first.
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
Editors’ Picks
AUD/USD remains capped below the 0.6600 barrier ahead of the RBA’s Bullock speech, US CPI data

The AUD/USD pair edges lower below the 0.6600 barrier during the early Asian session on Monday. The upbeat US Nonfarm Payrolls data lift the US Treasury bond yields and the US Dollar. The pair trades around 0.6572, down 0.09% on the day.
EUR/USD: US Dollar turns north as central banks’ decisions loom

The US Dollar turned north this past week, partially losing its pace on Thursday, as speculative interest took a break ahead of the United States employment figures scheduled for Friday. On the contrary, the Euro remained on the back foot as the economic future remains uncertain.
Gold bulls turn hesitant ahead of US inflation data, Fed meeting

Following an impressive rally at the beginning of the week, Gold turned south and snapped a three-week winning streak. As market focus shifts to next week’s key data releases and central bank events, XAU/USD’s technical outlook points to a loss of bullish momentum.
Altcoin bull cycle 2023 picks by analyst: Ethereum, ChainLink, Arbitrum, Optimism

Crypto analyst Michaël van de Poppe picked four altcoins for the ongoing bull run, in his recent video on YouTube. The analyst believes these altcoins could outperform other assets and yield gains for traders, alongside Bitcoin price rally to $48,000.
Week Ahead – Will the central bank bonanza kill the festive joy or fuel it?

Fed, ECB, BoE and SNB hold their final policy decisions of the year. Will they push back on rate cut expectations? US CPI and flash PMIs will be crucial too. UK GDP, Aussie jobs also on the agenda.