08 августа, 2019

Gold and ruble reach interesting levels: what’s next?

Tickmill team
RU

The currency pair USD/RUB touched the level of 65.55 but it seems that it did not manage to break it. We could assume that the asset might pull back from the resistance level of 65.55 and drop. The currency pair may potentially drop to the level of 64.00. Should the level break, the asset’s price might reach the level of 67.00:

Having abruptly jumped, gold appears to have touched the upper boundary of the uptrend and a very strong psychological resistance of 1500.00. Here it is likely to pull back down and that should be a mere correcting move:

The Australian currency tested the level of 0.6728 against the recent news from New Zealand and pulled back, trying to close Wednesday with a hammer. So far, we can assume that the asset should get back to the middle point of hammer, that is, the level of 0.6728 just to pull back till the level of 0.6830 afterwards:

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