BTC/USD, “Bitcoin vs US Dollar”

BTC/USD is trading at 18874.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 18675.00 and then resume moving upwards to reach 19945.00. Another signal in favor of further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 17905.00. In this case, the pair may continue falling towards 17025.00.

BTCUSD

EUR/JPY, “Euro vs Japanese Yen”

EUR/JPY is trading at 124.31; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 124.05 and then resume moving upwards to reach 126.25. Another signal in favor of further uptrend is the formation of a Head & Shoulders reversal pattern. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 122.95. In this case, the pair may continue falling towards 122.05. To confirm further growth, the asset must break the resistance area and fix above 124.95, thus indicating a breakout the pattern’s “neckline”.

EURJPY

BRENT

Brent is trading at 48.07; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 47.45 and then resume moving upwards to reach 50.25. Another signal in favor of further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 46.15. In this case, the pair may continue falling towards 44.65.

Brent

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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