Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Technical Analysis: Ruble Continues To Move Upwards

Published 04/21/2014, 10:44 AM
Updated 03/16/2022, 05:50 AM

EUR/USD
After breaking correctional channel, Euro is still consolidating and may continue falling down towards level of 1.3750. Alternative scenario implies that pair may try to start moving upwards to reach new maximum.

EUR/USD Hourly Chart


GBP/USD
The pound is still moving upwards and forming ascending structure with target at level of 1.6905. Later, in our opinion, instrument may start falling down towards level of 1.6690.

GBP/USD Hourly Chart


USD/CHF
The Franc is still forming ascending structure with target at level of 0.8864. We think, today the price may reach this level, and then start falling down again. Main target of this wave is at 0.8630. Alternative scenario implies that pair may move upwards to reach new maximum and then start new descending movement.

USD/CHF Hourly Chart


USD/JPY
The yen is moving inside ascending structure with target at level of 103.00. Later, in our opinion, instrument may break continue falling down toward level of 100.00.

USD/JPY Hourly Chart


AUD/USD
Australian is extending its descending structure downwards. We think, today price may return to level of 0.9370 and then start new descending movement towards next target at level of 0.9286.

AUD/USD Hourly Chart


USD/RUB
The ruble continues moving upwards. We think, today price may reach target at level of 35.81 and then form another descending structure towards level of 34.78. Later, in our opinion, instrument may continue growing up to reach level of 36.00.

USD/RUB Hour Chart


XAU/USD
Gold stopped near lower border of its consolidation channel and today isn’t traded due to the Easter. After market opening, we think price may continue forming ascending structure towards target at level of 1357.

XAU/USD Hourly Chart


Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.