EURUSD, "Euro vs US Dollar"
EURUSD is forming the first descending impulse. Today, the pair may grow to reach 1.1455 and then form one more descending structure towards 1.1410. After that, the instrument may be corrected to return to 1.1455 and then resume trading inside the downtrend with the first target at 1.1320.
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 is also forming the first descending impulse. Possibly, today the pair may reach 1.3046 and then grow towards 1.3110. Later, the market may resume falling with the first target at 1.2915.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USDCHF, "US Dollar vs Swiss Franc"
USDCHF is growing towards 1.0038. Today, the pair may reach this level and then start a new correction with the target at 0.9992. After that, the instrument may form one more ascending structure towards 1.0089.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USDJPY, "US Dollar vs Japanese Yen"
USDJPY is trading upwards to reach 112.95. The target of this structure is at 113.82. Later, the market may form a new descending structure to reach the first target at 112.58.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
AUDUSD, "Australian Dollar vs US Dollar"
AUDUSD has completed the descending impulse along with the correction. Today, the pair may fall to break 0.7264. The target is at 0.7211. Later, the market may be corrected towards 0.7257.
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 trading above 65.60. Possibly, today the price may form one more ascending structure towards 66.40 and then resume falling with the target at 65.60. After that, the instrument may start another growth to reach 66.00.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
XAUUSD, "Gold vs US Dollar"
Gold is trading downwards. Possibly, the price may reach 1221.57 and then resume growing towards 1229.07, thus forming the Triangle pattern. If later the price breaks the pattern to the downside, the instrument may continue falling towards 1206.05; if to the upside – resume trading inside the uptrend with the target at 1252.30.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
BRENT
Brent is still consolidating near the lows. Possibly, today the price may grow to break 73.64 and then continue trading upwards with the first target at 75.88. The market is expected to start a new correctional wave.
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.
Recommended Content
Editors’ Picks
EUR/USD holds steady near 1.0650 amid risk reset
EUR/USD is holding onto its recovery mode near 1.0650 in European trading on Friday. A recovery in risk sentiment is helping the pair, as the safe-haven US Dollar pares gains. Earlier today, reports of an Israeli strike inside Iran spooked markets.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD is rebounding toward 1.2450 in early Europe on Friday, having tested 1.2400 after the UK Retail Sales volumes stagnated again in March, The pair recovers in tandem with risk sentiment, as traders take account of the likely Israel's missile strikes on Iran.
Gold: Middle East war fears spark fresh XAU/USD rally, will it sustain?
Gold price is trading close to $2,400 early Friday, reversing from a fresh five-day high reached at $2,418 earlier in the Asian session. Despite the pullback, Gold price remains on track to book the fifth weekly gain in a row.
Bitcoin Price Outlook: All eyes on BTC as CNN calls halving the ‘World Cup for Bitcoin’
Bitcoin price remains the focus of traders and investors ahead of the halving, which is an important event expected to kick off the next bull market. Amid conflicting forecasts from analysts, an international media site has lauded the halving and what it means for the industry.
Geopolitics once again take centre stage, as UK Retail Sales wither
Nearly a week to the day when Iran sent drones and missiles into Israel, Israel has retaliated and sent a missile into Iran. The initial reports caused a large uptick in the oil price.