Russian Ruble is on the Rise
Good day,
Russian ruble has closely approached the supporting zone formed between the levels 72.30 and 73.00. In principle, asset might gain quite strong support in this zone. However, the asset’s price might approach the level of 72.30 first, and then jump. All in all, the Russian ruble is on an upward trajectory. But it could be worth waiting to see what will happen to the asset’s price in the supporting zone.
Having formed the long-legged doji last Friday, the EUR/USD pair is currently touching the uptrend. It might signify potential price growth. The asset might jump at the market opening.
Oil is targeting the level of 71.30. The asset might potentially pull back from this level without breaking it.
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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.
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