XAU/USD, "Gold vs US Dollar"
XAUUSD is trading at 1541.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1555.00 and then resume moving downwards to reach 1435.00. Another signal to confirm further descending movement is the price's rebounding from the rising channel's downside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud's upside border and fixes above 1645.00. In this case, the pair may continue growing towards 1695.00.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
BTC/USD, "Bitcoin vs US Dollar"
BTCUSD is trading at 5119.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud's downside border at 5765.00 and then resume moving downwards to reach 3115.00. Another signal to confirm further descending movement is the price's rebounding from the descending channel's upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud's upside border and fixes above 6825.00. In this case, the pair may continue growing towards 7605.00.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USD/JPY, "US Dollar vs Japanese Yen"
USDJPY is trading at 106.36; 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 105.35 and then resume moving upwards to reach 109.65. Another signal to confirm further ascending movement is the price's rebounding from the rising channel's downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud's downside border and fixes below 103.85. In this case, the pair may continue falling towards 101.65.
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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