Russian Ruble still on Upward Trajectory
Good day,
Having pulled from the level of 75.00, the USD/RUB pair is repeatedly targeting the level of 72. This level plays important role in supporting Russian ruble.
The price of the Euro is trying to get back to the psychological level of 1.2000. As it can be seen from the chart, the asset’s price is moving forward. Hence, the EUR/USD might gain required support at the level of 1.2000, and then jump and target the level of 1.2300.
Having stayed in the range for some time, the US stock index S&P500 is heading down. This asset might gain important support at the level of 3978.00.
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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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