EUR/USD, “Euro vs US Dollar”
The pair completed a wave of correction to 1.0477. Today the market keeps developing a declining wave to 1.0400, and with a breakaway of this level downwards, a pathway to 1.0270 will open.
GBP/USD, “Great Britain Pound vs US Dollar”
The pair completed a wave of decline to 1.1932. Today a link of correction to 1.2010 is not excluded, followed by a decline to 1.1877.
USD/JPY, “US Dollar vs Japanese Yen”
The pair completed a wave of growth to 135.55 and a correction to 134.85. It might continue to 134.74. Then growth to 136.00 is expected with probable further growth to 136.36.
USD/CHF, “US Dollar vs Swiss Franc”
The pair completed a link of growth to 1.0000. Currently, there is a consolidation range forming above this level. The range might expand upwards to 1.0088, followed by a decline to 1.0000.
AUD/USD, “Australian Dollar vs US Dollar”
The currency pair performed a declining wave to 0.6850. Today a correction to 0.6917 has happened. Then a decline to 0.6822 can be expected.
Brent
Oil completed a link of growth to 126.19 and a correction to 120.00. Practically, the market has formed a consolidation range above 120.00. With an escape upwards, a pathway to 132.22 will open. With an escape downwards, a correction to 114.00 is not excluded.
XAU/USD, “Gold vs US Dollar”
Gold is developing a consolidation range around 1820.60. With an escape downwards, the declining wave will be able to continue to 1794.94 with a probability of extension to 1762.55. With an escape upwards, a correction to 1844.20 might develop, followed by a decline to 1762.55.
S&P 500
The stock index is forming a consolidation range under 3830.0. With an escape downwards, a pathway to 3470.0 will open. With an escape upwards, a link of correction to 3800.0 might develop, followed by a decline to 3111.0.
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 clings to daily gains near 1.0300 after US PMI data
EUR/USD trades in positive territory at around 1.0300 on Friday. The pair breathes a sigh of relief as the US Dollar rally stalls, even as markets stay cautious amid geopolitical risks and Trump's tariff plans. US ISM PMI improved to 49.3 in December, beating expectations.
GBP/USD holds around 1.2400 as the mood improves
GBP/USD preserves its recovery momentum and trades around 1.2400 in the American session on Friday. A broad pullback in the US Dollar allows the pair to find some respite after losing over 1% on Thursday. A better mood limits US Dollar gains.
Gold retreats below $2,650 in quiet end to the week
Gold shed some ground on Friday after rising more than 1% on Thursday. The benchmark 10-year US Treasury bond yield trimmed pre-opening losses and stands at around 4.57%, undermining demand for the bright metal. Market players await next week's first-tier data.
Stellar bulls aim for double-digit rally ahead
Stellar extends its gains, trading above $0.45 on Friday after rallying more than 32% this week. On-chain data indicates further rally as XLM’s Open Interest and Total Value Locked rise. Additionally, the technical outlook suggests a rally continuation projection of further 40% gains.
Week ahead – US NFP to test the markets, Eurozone CPI data also in focus
King Dollar flexes its muscles ahead of Friday’s NFP. Eurozone flash CPI numbers awaited as euro bleeds. Canada’s jobs data to impact bets of a January BoC cut. Australia’s CPI and Japan’s wages also on tap.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.