Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Technical Analysis: Ruble Is Consolidating

Published 06/13/2014, 12:06 PM
Updated 03/16/2022, 05:50 AM
EUR/USD
-
GBP/USD
-
USD/CHF
-
AUD/USD
-
XAU/USD
-
RUBFIX=RTS
-

EUR/USD
The euro continues forming ascending impulse towards level of 1.3576. After reaching it, price may start new descending movement towards level of 1.3544 and form another ascending structure to break level of 1.3676.

EUR/USD Hourly Chart


GBP/USD
The pound is still extending its ascending wave. Possibly, price may reach level of 1.7025. Later, in our opinion, instrument may form another descending structure towards level of 1.6655.

GBP/USD Hourly Chart


USD/CHF
The franc continues forming descending impulse towards level of 0.8963. Later, in our opinion, instrument may correct this impulse towards level of 0.8986 and then continue forming its descending wave.

USD/CHF Hourly Chart


USD JPY
The yen is still moving downwards and extending its descending structure. We think, today price may form correction towards level of 102.20 (at least) and then continue falling down. Next target is at level of 100.50.




AUD/USD
The Australian dollar continues forming ascending wave towards level of 0.9465, which may be considered as the third wave inside this ascending structure. Later, in our opinion, instrument may start fall down towards level of 0.9279 and then start new ascending movement to reach level of 0.9465.

AUD/USD Hourly Chart

USD/RUB
The ruble is consolidating. After the market opening, price may leave this channel downwards and continue falling down reach level of 33.94. After reaching it, price may start new ascending structure to return to level of 35.00.

USD/RUB Hourly Chart


XAU/USD
Gold is falling down. We think, today price may continue forming descending wave to reach level of 1213. Later, in our opinion, instrument may return to level of 1260 and then start another descending movement towards level of 1208.

Gold 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.