EURUSD, “Euro vs US Dollar”
EURUSD is consolidating near the lows. If later the instrument breaks this range to the downside, the price may continue trading downwards to reach 1.1550; if to the upside – form a new ascending structure with the target at 1.1725.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD continues falling. Possibly, the pair may reach 1.3140 and then form another ascending structure towards 1.3375 to continue the correction (an alternative scenario). According to the main scenario, the instrument may continue trading downwards with the target at 1.3000.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USDCHF, “US Dollar vs Swiss Franc”
USDCHF has broken 0.9985. Possibly, today the pair may fall to return to this level and then continue growing to reach the short-term target at 1.0067.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has almost competed one more ascending structure. Today, the price may consolidate near the highs, break the range downwards, and start another descending wave to reach the first target at 110.05.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is moving upwards to reach 0.7430. After that, the instrument may form another descending structure towards 0.7348 and then start another growth to reach 0.7520. Later, the market may resume trading to the downside with the target at 0.7285.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is still consolidating around 62.00. Today, the price may form a new ascending structure towards 62.50 and then fall to return to 61.50. After that, the instrument may breaks this range downwards and continue trading to the downside with the short-term target at 60.60.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
XAUUSD, “Gold vs US Dollar”
Gold is consolidating near the lows. Possibly, today the pair may grow towards 1251.00 and then return to the downside border. If later the instrument breaks this range to the upside, the price may continue trading upwards to reach 1270.00; if to the downside – continue falling towards 1234.00.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
BRENT
Brent has reached the main downside target. Possibly, today the pair may grow to break 75.15 and then continue trading to the upside to return to 76.30.
Risk Warning: the result 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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VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.