Will EUR/USD Jump Up?
When it comes to the single currency, there is a slight correction of the uptrend in the daily chart. As for now, the price of the asset has closely approached the uptrend and the level of 1.1301. In principle, the asset’s price could now jump up. Here, we must rely on the candlestick patterns, as usual:
The price of index S&P500 appears to have broken the downtrend and got back to it. There is also the broken horizontal level of 2676.72. Friday closed with a hammer, and it may signify the potential ascending movement right to the level of 2813.00:
The price of the Russian ruble remains next to the broken downtrend. Considering the recent dynamics of Russian currency, we assume that Russian ruble will jump up to the level 65.00 just to touch it and head up much further:
Please note that this material is provided for informational purposes only and should not be considered as investment advice. Trading in the financial markets is very risky.