Russian Ruble Is on the Rise!
Good day!
The price of Russian ruble got below the level of 63.60, forming a fine bearish trap. We assume that it can get back to the level of 63.60 and then jump:
British pound is targeting the horizontal daily level of 1.2783 away from which it is most likely to pull back. Although this asset can also break this level, form the double bottom and drop:
In the daily chart, the price of silver is forming a hammer that is touching the uptrend with a handle. Should the trading day close with a hammer, silver is most likely to head up:
Let us remind you that this material is provided for informative purposes only and cannot be considered as a direct go ahead to implement transactions in the financial markets. Trading in the financial markets is very risky.
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.