InvestMacro

Article By RoboForex.com

EURUSD, “Euro vs US Dollar”

EURUSD is trading at 1.1770; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1795 and then resume moving downwards to reach 1.1665. Another signal in favor of a further downtrend will be a rebound from the resistance level. However, the bearish scenario may be canceled if the price breaks the cloud’s upside border and fixes above 1.1850. In this case, the pair may continue growing towards 1.1945. To confirm further decline, the asset must break the support level and fix below 1.1755.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.7371; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.7405 and then resume moving downwards to reach 0.7195. Another signal in favor of a further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 0.7455. In this case, the pair may continue growing towards 0.7545.

EURAUD, “Euro vs Australian Dollar”

EURAUD is trading at 1.5967; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.5855 and then resume moving upwards to reach 1.6255. Another signal in favor of a further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may be canceled if the price breaks the cloud’s downside border and fixes below 1.5805. In this case, the pair may continue falling towards 1.5705. To confirm further growth, the asset must break the descending channel’s upside border and fix above 1.6030.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

by JustForex

The EUR/USD currency pair

Technical indicators of the currency pair:

• Prev Open: 1.1791
• Prev Close: 1.1771
• % chg. over the last day: -0.17%

The ECB is more tolerant of rising inflation. Also, the ECB assumes that there will be a “transitory period” of inflation when it may be moderately above the target level. But the seriousness and duration of this deviation is not specified. Many economists said that this policy has no teeth.

Trading recommendations

• Support levels: 1.1761, 1.1746, 1.1609
• Resistance levels: 1.1822, 1.1834, 1.1879, 1.1934, 1.1969

From the technical point of view, the trend is still bearish. There was a widening of the price range with the release of the ECB news, and the price decreased by 0.17% compared to yesterday. Investors evaluate the further policy of the ECB negatively, which will put pressure on the EUR/USD quotes. Under such market conditions, traders should look for sell positions from the resistance levels. It is better to put buy positions aside for a while or consider intraday trading with very short targets.

Alternative scenario: if the price breaks through the 1.1879 resistance level and fixes above, the general uptrend is likely to be resumed.

News feed for 2021.07.23:

• – France Manufacturing PMI (m/m) at 10:15 (GMT+3);
• – Germany Manufacturing PMI (m/m) at 10:30 (GMT+3);
• – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+3);
• – Eurozone Service PMI (m/m) at 11:00 (GMT+3);
• – US Manufacturing PMI (m/m) at 16:45 (GMT+3);
• – US Service PMI (m/m) at 16:45 (GMT+3).

The GBP/USD currency pair

Technical indicators of the currency pair:

• Prev Open: 1.3707
• Prev Close: 1.3767
• % chg. over the last day: +0.44%

The British pound gained more confidence than the euro. Because of the Brexit deal, relations between Britain and the EU are becoming more complicated from the economic and trading perspectives. This is especially true for Ireland, where many families from Britain live and which remains in the European Union.

Trading recommendations

• Support levels: 1.3745, 1.3676 ,1.3641, 1.3614, 1.3525
• Resistance levels: 1.3805, 1.3899, 1.3923, 1.4002, 1.4075, 1.4101

The trend on the GBP/USD currency pair is downward on the H1 timeframe. But the buyers have been showing initiative for the second day in a row and do not allow the price to roll back. The MACD indicator is in the positive zone, but with signs of weakness. Under such market conditions, traders are better to look for both sell deals from the resistance levels within the trend and buy deals from the support levels, but only on the intraday timeframes and with short targets.

Alternative scenario: if the price breaks through the 1.3839 resistance level and consolidates above, the bearish scenario is likely to be canceled.

News feed for 2021.07.23:

• – UK Retail Sales (m/m) at 09:30 (GMT+3);
• – UK Manufacturing PMI (m/m) at 11:30 (GMT+3);
• – UK Service PMI (m/m) at 11:30 (GMT+3);
• – UK Composite PMI (m/m) at 11:30 (GMT+3).

The USD/JPY currency pair

Technical indicators of the currency pair:

• Prev Open: 110.26
• Prev Close: 110.15
• % chg. over the last day: -0.10%

The situation with the USD/JPYcurrency pair didn’t change much. The price is accumulating near the priority change level now, which is one of the signs of the emerging breakthrough. It’s also a bank holiday in Japan today (Sports Day), so the movement will depend on the dollar index.

Trading recommendations

• Support levels: 109.70, 109.19, 108.65
• Resistance levels: 110.41, 110.73, 111.06, 111.48, 110.73, 112.18

From the point of view of technical analysis, the situation has not changed. There is a downward trend on the H1 timeframe, as the price is still trading below the priority change level. But the price managed to rise above the moving average, which indicates some buying pressure. The MACD indicator became inactive. Under such market conditions, traders can look for sell trades from the resistance levels. Buy positions should be considered from the support levels after a pullback below or after a breakthrough of 110.41 level.

Alternative scenario: if the price rises above 110.41, the uptrend is likely to be resumed.

There is no news feed for today.

The USD/CAD currency pair

Technical indicators of the currency pair:

• Prev Open: 1.2564
• Prev Close: 1.2560
• % chg. over the last day: -0.03%

The situation with the USD/CAD currency pair has not changed. The Canadian dollar is a commodity currency and is highly dependent on oil price movements. Oil price reached the resistance level yesterday, while the USD/CAD currency pair dropped to the support level, which is also the priority change level.

Trading recommendations

• Support levels: 1.2561, 1.2519, 1.2448, 1.2404, 1.2347, 1.2312
• Resistance levels: 1.2649, 1.2787, 1,2951

Technically, the trend remains bullish. But the price is trading right at the priority change level. This behavior often occurs before a breakthrough. But it is better for traders to play it safe and take action only after the price moves to one side of the narrow price range.

Alternative scenario: if the price breaks through the 1.2561 support level and fixes below, the downtrend is likely to be resumed.

News feed for 2021.07.23:

• – Canada Retail Sales (m/m) at 15:30 (GMT+3).

by JustForex

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

by JustForex

Yesterday, the data from the US Labor Department showed that initial jobless claims increased by 51,000 to 419,000 last week, the highest level within the last 2 months. But the news didn’t affect the stock indices that much, as corporate earnings of reporting companies are pushing the indices up. But many analysts are sure that good company reports can’t support the stock market all the time, and a severe correction may happen in the near future. August and September are statistically weak months for the indices, so according to Ryan Detrick, chief market strategist at LPL Financial, the next two months could be a serious test for the bullish trend, considering that the Federal Reserve will hold a monetary policy meeting next month. Any signs of QE cut could send the market into a 10% correction. In its turn, the websites of several major companies (Delta Air Lines, British Airways, Capital One, Vanguard, United Parcel Service, LastPass, AT&T, Costco) shut down due to a large-scale failure yesterday. The reasons for the failure will be specified later.

European indices closed Thursday’s trading in the green zone. The ECB expectedly kept the benchmark interest rate on loans at zero and the rate on deposits at -0.5%. The rate on marginal loans was left at 0.25%. These rates will remain in place until Eurozone inflation remains steadily above the 2% target. Pandemic Emergency Purchase Program (PEPP) asset purchases will continue at a significantly higher pace this quarter, which will have a negative impact on the European currency.

Oil prices returned to $70 a barrel. On Wednesday, the US crude supply data released by the EIA showed that inventories increased by just over 2 million barrels, ending an eight-week streak of declines. The EIA data also showed a 121.00 barrel drop in gasoline inventories, indicating that fuel demand remains strong during the summer season.

The US Treasury yields declined. Gold has an inverse correlation to government bond yields, so this picture plays in favor of rising gold and silver prices.

The Asian stock market closed yesterday without a single trend. The prospects for rapid recovery of Asian countries are reduced due to the low level of vaccination and the rapid spread of the Delta strain. New Zealand suspends its agreement with Australia to travel without any quarantine restrictions for at least eight weeks. Toyota announced new production shutdowns due to a shortage of components shipped from Southeast Asia. Analysts expect business activity in Asia to decline in the coming months.

Main market quotes:

S&P 500 (F) 4,367.48 +8.79 (+0.20%)

Dow Jones 34,823.35 +25.35 (+0.07%)

DAX 15,514.54 +92.04 (+0.60%)

FTSE 100 6,968.30 -29.98 (-0.43%)

USD Index 92.86 +0.11 (+0.12%)

• – UK Retail Sales (m/m) at 09:30 (GMT+3);
• – France Manufacturing PMI (m/m) at 10:15 (GMT+3);
• – Germany Manufacturing PMI (m/m) at 10:30 (GMT+3);
• – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+3);
• – Eurozone Service PMI (m/m) at 11:00 (GMT+3);
• – UK Manufacturing PMI (m/m) at 11:30 (GMT+3);
• – UK Service PMI (m/m) at 11:30 (GMT+3);
• – UK Composite PMI (m/m) at 11:30 (GMT+3);
• – Canada Retail Sales (m/m) at 15:30 (GMT+3);
• – US Manufacturing PMI (m/m) at 16:45 (GMT+3);
• – US Service PMI (m/m) at 16:45 (GMT+3).

by JustForex

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

By Admiral Markets

By Admiral Markets

Article By RoboForex.com

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, USDCHF is trading above the 200-day Moving Average, thus indicating an ascending tendency. In this case, the price is expected to test 6/8, rebound from it, and then resume growing to reach the resistance at 8/8. Still, this scenario may no longer be valid if the price breaks 6/8 to the downside. After that, the instrument may reverse and fall towards the support at 5/8.

In the M15 chart, the upside line of the VoltyChannel indicator is pretty far away from the price, that’s why the pair may resume the ascending tendency only after rebounding from 6/8 from the H4 chart.

XAUUSD, “Gold vs US Dollar”

In the H4 chart, after breaking the 200-day Moving Average, XAUUSD is trading below it, thus indicating a descending tendency. In this case, the price is expected to test 1/8, break it, and then continue moving downwards to reach the support at 0/8. However, this scenario may no longer be valid if the price breaks 2/8 to the upside. After that, the instrument may reverse and grow towards 3/8.

As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

By Orbex

XAUUSD dips from supply area

Gold struggles to hold onto its gains as the US dollar pushes towards fresh year-to-date highs.

The recovery has met stiff selling pressure near 1830, a supply zone from last June’s sell-off. The RSI divergence was a sign that the rally was losing steam. The subsequent break below 1805 came in as a confirmation that the bears were still around.

Below the psychological level of 1800 gold would be vulnerable to a new round of sell-off with 1770 as the target. 1824 is the resistance to break before a rebound could materialize.

NZDUSD falls through daily support

The New Zealand dollar falls as global growth concerns may delay RBNZ’s rate hike schedule.

The breakout below the critical daily support at 0.6920 reveals a lack of buying interest. Those who bought the dip have bailed out as the rebound failed to gain traction.

Bearish sentiment may push the pair towards 0.6820 once momentum comes back.

In the meantime, the RSI has recovered to the neutrality area. A limited bounce may lift the price to the key resistance at 0.6990 where sellers would be waiting to jump in.

EURGBP attempts bullish reversal

The pound tumbles as the UK’s reopening hangs on a thread after a spike in the so-called ‘pingdemic’.

The euro has successfully bounced off 0.8500, a key support from April’s rally on the daily chart. The rally above the resistance at 0.8610 indicates that buyers may have regained control of the direction.

The pair saw some selling pressure near 0.8670 as an RSI divergence was showing signs of exhaustion. A temporary pullback is necessary to let the bulls catch their breath.

0.8570 would be the key support to monitor.

By Orbex

Article By RoboForex.com

EURUSD, “Euro vs US Dollar”

As we can see in the H4 chart, the asset is still testing the channel’s upside border. After testing the support area, the pair has formed several reversal patterns, including Hammer. At the moment, EURUSD may reverse and start a new pullback. In this case, the correctional target may be at 1.1850. Later, the market may rebound from the resistance level and resume trading downwards. However, an alternative scenario implies that the price may fall to reach 1.1717 without testing the resistance level.

USDJPY, “US Dollar vs Japanese Yen”

As we can see in the H4 chart, USDJPY has formed several reversal patterns, such as Hammer and Inverted Hammer, not far from the support area. At the moment, USDJPY is reversing and may start a new rising movement towards the resistance level after finishing a slight correction. In this case, the upside target may be at 110.65. At the same time, an opposite scenario implies that the price may form a deeper pullback towards 109.85 before resuming the ascending tendency.

EURGBP, “Euro vs Great Britain Pound”

As we can see in the H4 chart, after forming a Shooting Star reversal pattern near the resistance area, EURGBP may reverse and start a new descending structure. In this case, the downside target may be at 0.8550. Later, the market may break the support level and continue its descending tendency. Still, there might be an alternative scenario, according to which the asset may correct towards 0.8615 first and then resume trading downwards.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

by JustForex

The EUR/USD currency pair

Technical indicators of the currency pair:

• Prev Open: 1.1777
• Prev Close: 1.1794
• % chg. over the last day: +0.14%

The Federal Reserve is printing more money than the European Central Bank, but the ECB has been buying more assets than the Fed for the whole week. This behavior led to a temporary decline in the euro. But now, the situation is playing in favor of the euro as the Fed will print much more money this week, which will have a negative impact on the dollar index.

Trading recommendations

• Support levels: 1.1783, 1.1746, 1.1609
• Resistance levels: 1.1834, 1.1879, 1.1934, 1.1969

From the technical point of view, the trend is still bearish. Sellers’ weakness has been replaced by buyers’ initiative. Traders should expect increased volatility with the release of the ECB news. Price can go either way, but buying positions are preferable now, despite the fact that there is a downtrend observed on the timeframe. The divergence on the MACD indicator has not been fully worked out yet on higher timeframes.

Alternative scenario: if the price breaks through the 1.1879 resistance level and fixes above, the general uptrend is likely to be resumed.

News feed for 2021.07.22:

• – Eurozone Deposit Facility Rate (m/m) at 14:45 (GMT+3);
• – Eurozone ECB Marginal Lending Facility at 14:45 (GMT+3);
• – Eurozone ECB Monetary Policy Statement at 14:45 (GMT+3);
• – Eurozone ECB Interest Rate Decision at 14:45 (GMT+3);
• – Eurozone ECB Press Conference at 15:30 (GMT+3);
• – US Initial Jobless Claims (w/w) at 15:30 (GMT+3).

The GBP/USD currency pair

Technical indicators of the currency pair:

• Prev Open: 1.3620
• Prev Close: 1.3708
• % chg. over the last day: +0.64%

Against the background of the dollar index decrease, the British pound increased by 0.64% yesterday. The coronavirus situation in the UK is rapidly deteriorating after the restrictions were lifted. Still, authorities are confident that this is a short-term spike, which will decrease as the vaccination rate is accelerating.

Trading recommendations

• Support levels: 1.3614, 1.3525
• Resistance levels: 1.3745, 1.3805, 1.3899, 1.3923, 1.4002, 1.4075, 1.4101

The trend on the GBP/USD currency pair is downward on the H1 timeframe. Yesterday, the buyers took the initiative and formed a false breakdown zone at the bottom, which traders can use to enter long positions. The MACD indicator returned to the positive zone. Under such market conditions, traders are better to look for both sell deals from the resistance levels within the trend and buy deals from the support levels, but only on the intraday timeframes and with short targets.

Alternative scenario: if the price breaks through the 1.3899 resistance level and consolidates above, the bearish scenario is likely to be canceled.

There is no news feed for today.

The USD/JPY currency pair

Technical indicators of the currency pair:

• Prev Open: 109.92
• Prev Close: 110.29
• % chg. over the last day: +0.33%

The USD/JPY currency pair increased by 0.33% yesterday and approached the priority change level. At the same time, both the dollar index and the Japanese yen futures fell yesterday. This suggests that both currencies are demonstrating weakness. A lot will depend on the movement of the dollar index now and its reaction to the release of the weekly labor market news today.

Trading recommendations

• Support levels: 109.70, 109.19, 108.65
• Resistance levels: 110.41, 110.73, 111.06, 111.48, 110.73, 112.18

From the point of view of technical analysis, the situation has not changed. There is a downward trend on the H1 timeframe, as the price is still trading below the priority change level and the moving average. The MACD indicator tends to zero but in the positive zone. Under such market conditions, traders should look for both selling from the resistance levels and buying from the support levels, but only with short targets.

Alternative scenario: if the price rises above 110.41, the uptrend is likely to be resumed.

There is no news feed for today.

The USD/CAD currency pair

Technical indicators of the currency pair:

• Prev Open: 1.2675
• Prev Close: 1.2561
• % chg. over the last day: -0.90%

The Canadian dollar is a commodity currency and is highly dependent on oil price movements. Oil prices jumped sharply by 5% with the release of the inventory news yesterday, which caused the Canadian dollar futures to strengthen and the USD/CAD to fall (inverse correlation).

Trading recommendations

• Support levels: 1.2561, 1.2519, 1.2448, 1.2404, 1.2347, 1.2312
• Resistance levels: 1.2649, 1.2787, 1.2951

Technically, the trend remains bullish. But the price tested the priority change level, followed by a weak rebound. Under such market conditions, it is better to consider intraday trading. Buy positions should be looked for at the nearest support levels, but it is better to buy with confirmation. Talking abut selling positions, traders should t wait for a pullback to the nearest resistance level.

Alternative scenario: if the price breaks through the 1.2561 support level and fixes below, the downtrend is likely to be resumed.

There is no news feed for today.

by JustForex

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

by JustForex

The US stock market closed in the green zone yesterday due to the flow of corporate revenues of reporting companies, which led to the strengthening of the oil and gas, financial, and technology sectors, particularly the semiconductor industry. The S&P 500 index increased by 0.82%, the Dow Jones added 0.83%, and the Nasdaq jumped by 0.92%. Special attention was focused on the airline and cruise companies, which are steadily recovering. Today, investors’ attention is directed to the ECB meeting, which will indirectly influence the dollar index, as well as to the weekly report on the number of initial jobless claims. Positive labor market data could provoke growth in the dollar index and a decrease in the main indices.

The European stock market closed with growth yesterday. British FTSE 100 increased by 1.7%, German DAX added 1.36%, French CAC 40 jumped by 1.85%. Europe’s largest chipmaker ASML Holding increased its net profit in the second quarter and improved its yearly revenue forecast, which led to a 3.1% rise in its stock price. Shares of German automaker Daimler AG gained 1.1%. At the same time, there are problems with food supplies in the UK because of the labor shortage. Germany continues to struggle with the consequences of the floods. At the moment, about 40,000 people have no access to electricity and water in the stricken areas. Reconstruction after the floods will take several years. The estimated cost of future work is billions of euros. The heavy rains in western Europe have caused flooding not only in Germany but also in neighboring Belgium and the Netherlands.

Yesterday, the oil prices jumped despite an unexpected increase in the US oil inventories last week. The situation in the oil market remains uncertain. On the one hand, demand for fuel is rising sharply during the summer season. On the other hand, OPEC+ countries have started to increase oil production so that supply can catch up with demand. The rise of the Delta strain cases in Asia also influences oil prices. The introduction of new lockdowns could trigger a new wave of declines.

The situation in the market of precious metals did not change much compared to yesterday.

Asia-Pacific stock indices are also increasing following the rise of the US stock market for the second day in a row. Japanese stock exchanges are not trading on Thursday due to a holiday (Marine Day). Real estate operator Longfor Group Holdings (+5%), solar panel manufacturer Xinyi Solar Holdings (+4.8%), casino operator Galaxy Entertainment Group (+4.6%), online retailer Alibaba (+1.9%), Internet giant Tencent Holdings (+0.7%), consumer electronics manufacturer Xiaomi Corp. (+0.2%) became the growth leaders of the Stock Exchange of Hong Kong. At the same time, on Thursday, China rejected the World Health Organization’s (WHO) plan for the second phase of investigation concerning the origin of the coronavirus, which includes the hypothesis that the virus came from a Chinese laboratory. In the meantime, the Delta strain cases are growing in Australia. The vaccination rates are low.

Main market quotes:

S&P 500 (F) 4,358.69 +35.63 (+0.82%)

Dow Jones 34,798.00 +286.01 (+0.83%)

DAX 15,422.50 +206.23 (+1.36%)

FTSE 100 6,998.28 +117.15 (+1.70%)

USD Index 92.76 -0.21 (-0.23%)

• – Eurozone Deposit Facility Rate (m/m) at 14:45 (GMT+3);
• – Eurozone ECB Marginal Lending Facility at 14:45 (GMT+3);
• – Eurozone ECB Monetary Policy Statement at 14:45 (GMT+3);
• – Eurozone ECB Interest Rate Decision at 14:45 (GMT+3);
• – Eurozone ECB Press Conference at 15:30 (GMT+3);
• – US Initial Jobless Claims (w/w) at 15:30 (GMT+3);
• – Natural Gas Storage (w/w) at 17:30 (GMT+3).

by JustForex

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Article By RoboForex.com

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.2719; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.2620 and then resume moving upwards to reach 1.2935. Another signal in favor of a further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1.2390. In this case, the pair may continue falling towards 1.2305.

EURJPY, “Euro vs Japanese Yen”

EURJPY is trading at 129.23; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the resistance level at 129.55 and then resume moving downwards to reach 127.55. Another signal in favor of a further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 131.20. In this case, the pair may continue growing towards 132.35.

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6902; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6940 and then resume moving downwards to reach 0.6775. Another signal in favor of a further downtrend will be a rebound from the resistance level. However, the bearish scenario may be canceled if the price breaks the cloud’s upside border and fixes above 0.7035. In this case, the pair may continue growing towards 0.7125. To confirm further decline, the asset must break the descending channel’s downside border and fix below 0.6835.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.