Last week the currency pair USD/RUB approached the level of 70.00 and downtrend. This could possibly entail a drop to the asset’s price till the level of about 67.00:
Having broken the neckline of double bottom, Brent oil is trying to pull back to the broken level of 32.80. The asset’s price did not yet manage to touch the psychological level of 50.00 therefore the asset might pull from the broken neckline and jump:
Let us also discuss the new trading tool, that is, German bunds with 10-year bond yield.
What comes to this asset, a fine bullish engulfing has formed in the weekly chart. It is now touching the uptrend and resistance area formed between the levels 168.88 and 169.71. In this case, the price of German bunds could increase in a mid-term perspective till about the level of 180.00. This will potentially decrease their yield.
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High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% and 70% 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.