Russian Ruble Expected to Jump
The Russian ruble might still gain support at the level of 73.35 and jump. The USD/RUB pair might target the level of 75.
Oil had to face the resistance at the level of 75.50. The asset is currently trying to break this resistance for the third week in a row. Oil might get back to the level of 75.50 and then drop till the level of 71.30. So, let’s wait and see what is going to happen next.
New Zealand dollar is targeting the supporting level of 0.6945. We feel that this asset might jump soon. It is currently remaining in the wide range and pulling back from its lower boundary.
Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
Past performance is not indicative of future results.
High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% and 75% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Futures and Options: Trading futures and options on margin carries a high degree of risk and may result in losses exceeding your initial investment. These products are not suitable for all investors. Ensure you fully understand the risks and take appropriate care to manage your risk.