EURUSD, “Euro vs US Dollar”
EURUSD continues falling; right now, it is forming the first impulse to reach 1.2360. The target of this entire wave is at 1.2200.
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is moving downwards. The first target is at 1.3927. The predicted target of the wave is at 1.3760.
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is forming the first ascending impulse with the target at 0.9340. The predicted target of the wave is at 0.9486.
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is forming the first ascending impulse inside the wave. The target of the impulse is at 107.05; the predicted target of the wave is at 108.63.
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is consolidating. Today, the price may break the downside border of the range and then continue falling towards the first predicted target at 0.7780.
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is forming the fifth descending wave with the target at 54.80. Possibly, the price may continue falling without any corrections. Instead of corrections, the market may form small consolidation channels range, break them downwards, and then continue trading to the downside.
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.
XAUUSD, “Gold vs US Dollar”
Gold is trading to break the downside border of the consolidation channel. The target of the first structure is at 1334.00. The main target of the wave is at 1307.00.
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.
BRENT
Brent has almost finished the ascending structure with the target at 65.50. Today, the price may reach this level and then start another correction towards 63.60. Later, the market may resume growing to reach 67.45.
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.
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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