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EUR/USD, “Euro vs US Dollar”

The currency pair has completed a wave of decline to 1.0709. Today a consolidation range may form above this level. A link of growth to 1.0757 and a decline to 1.0699 should follow. After this level is reached, a link of correction to 1.0791 is not excluded, followed by a decline to 1.0642. The goal is local.

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

The currency pair has completed a wave of decline to 1.2005. At the moment, a consolidation range has formed above this level. Today the market may extend the range to 1.2060. Then a decline to 1.1988 is not excluded. And then a link of correction to 1.2100 may be expected. After the correction is over, a link of decline to 1.1945 should happen.

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USD/JPY, “US Dollar vs Japanese Yen”

The currency pair has completed a wave of growth to 132.89. Today a link of decline to 131.91 should follow. Then a link of growth to 134.60 might be expected. The goal is local.

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USD/CHF, “US Dollar vs Swiss Franc”

The currency pair has completed a wave of growth to 0.9289. Today the market is forming a link of decline to 0.9257. Then growth to 0.9300 should follow. Next, a link of correction to 0.9240 is not excluded. After the correction is over, growth should continue to 0.9370, from where the wave might extend to 0.9400.

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AUD/USD, “Australian Dollar vs US Dollar”

The currency pair has completed a structure of decline to 0.6855. Today a correction to 0.6966 should follow. Then a decline to 0.6860 might happen. And with a breakaway of this level, a pathway down to 0.6777 should follow.

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Brent

Brent has completed a wave of decline to 79.00. Today a wave of growth to 84.00 may follow. Then we should expect a correction to 81.40 and growth to 88.88. The goal is first.

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XAU/USD, “Gold vs US Dollar”

Gold has completed a structure of a declining wave to 1859.77. Today a link of growth to 1882.82 should follow. Then we expect a decline to 1855.55 and a correction to 1888.88. After the correction will be over, the wave of decline should continue to 1820.00.

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S&P 500

The stock index has completed an impulse of decline to 4095.0. Today a link of correction to 4131.0 is expected. After the correction will be over, a decline to 4080.0 might follow. And with a breakaway of this level, a pathway down to 3980.0 should open. The goal is local.

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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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Editors’ Picks

EUR/USD rises toward 1.0800 as USD weakens

EUR/USD rises toward 1.0800 as USD weakens

EUR/USD has gained traction and advanced toward 1.0800 in the early American session on Monday. The positive opening witnessed in Wall Street makes it difficult for the US Dollar to find demand and helps the pair continue to push higher.

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GBP/USD closes in on 1.2300 as mood improves

GBP/USD closes in on 1.2300 as mood improves

GBP/USD has preserved its bullish momentum and advanced to the 1.2300 area in the second half of the day on Monday. The risk positive market atmosphere makes it difficult for the US Dollar to stay resilient against its rivals and fuels the pair's daily rally. Eyes on BOE Governor Bailey's speech.

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Gold: XAU/USD pared losses and consolidates around $1,950.00 Premium

Gold: XAU/USD pared losses and consolidates around $1,950.00

Spot gold trades in the $1,950 price zone, sharply down on Monday as investors move away from safe-haven assets. The sentiment is positive at the start of the week amid easing concerns related to a global banking crisis.

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Bitcoin has been noting increasing institutional interest for the last few days as whale movement on the network grew. 

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US Consumer Confidence Preview: No good news for Americans Premium

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