EURUSD, "Euro vs US Dollar"

The EUR/USD pair is testing the daily Super Trend and the 7/8 level again. If the price rebounds from these levels, it may resume moving downwards. The closest target is at the 6/8 level. After breaking it, the market may continue falling.

EURUSD

At the H1 chart, the pair rebounded from the 2/8 level, which means that it may resume falling. To confirm this scenario, the market has to fix below Super Trends. The closest target is at the 0/8 level.

EURUSD

 

GBPJPY "Great Britain Pound vs Japanese Yen"

After all, the GBP/JPY pair failed to fix below the 2/8 level, which means that it may start a short-term growth. If later the price rebounds from the 3/8 level again, the market will resume moving downwards to reach the 0/8 one.

GBPJPY

At the H1 chart, the pair is moving in the middle. If the price fixes above the 4/8 level, it may continue the ascending correction and test the 7/8 level. After reaching this level, the market may resume moving downwards.

GBPJPY

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


Recommended Content

Editors’ Picks

EUR/USD holds above 1.0700 ahead of key US data

EUR/USD holds above 1.0700 ahead of key US data

EUR/USD trades in a tight range above 1.0700 in the early European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground. 

EUR/USD News

USD/JPY stays above 156.00 after BoJ Governor Ueda's comments

USD/JPY stays above 156.00 after BoJ Governor Ueda's comments

USD/JPY holds above 156.00 after surging above this level with the initial reaction to the Bank of Japan's decision to leave the policy settings unchanged. BoJ Governor said weak Yen was not impacting prices but added that they will watch FX developments closely.

USD/JPY News

Gold price oscillates in a range as the focus remains glued to the US PCE Price Index

Gold price oscillates in a range as the focus remains glued to the US PCE Price Index

Gold price struggles to attract any meaningful buyers amid the emergence of fresh USD buying. Bets that the Fed will keep rates higher for longer amid sticky inflation help revive the USD demand.

Gold News

Sei Price Prediction: SEI is in the zone of interest after a 10% leap

Sei Price Prediction: SEI is in the zone of interest after a 10% leap

Sei price has been in recovery mode for almost ten days now, following a fall of almost 65% beginning in mid-March. While the SEI bulls continue to show strength, the uptrend could prove premature as massive bearish sentiment hovers above the altcoin’s price.

Read more

US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase. 

Read more

Majors

Cryptocurrencies

Signatures