Tag: Roboforex
The British pound sterling, paired with the US dollar, continues its rise. The current GBPUSD exchange rate stands at 1.2682. According to fresh statistics, inflation in UK stores has dropped to a two-year low. Observations by the BRC indicate that the index rose by 2.5% in February, marking the lowest figure since March 2022. Simultaneously, […]
EURUSD, “Euro vs US Dollar” EURUSD has found a foothold above the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.0835 is expected, followed by a rise to 1.0945. An additional signal confirming the rise might be a rebound […]
EURUSD, “Euro vs US Dollar” The EURUSD pair extends a correction wave to 1.0858. Today the market is forming a narrow consolidation range under this level. With an escape from the range upwards, further correction to 1.0872 is not excluded. With a downward escape, the decline wave could continue to 1.0790. GBPUSD, “Great Britain Pound […]
The primary currency pair maintains its upward momentum. The current EURUSD exchange rate stands at 1.0852. The market is still conserving its strength before the US releases its crucial statistics for the week. These reports will provide insight into the situation in which the US Federal Reserve might begin to decrease the interest rates. Investors […]
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around the 1.0823 level. A decline link to 1.0808 is expected today. Next, a rise to 1.0823 might follow (a test from below). With an escape from this range downwards, a decline to 1.0790 could form, from where the trend might extend […]
The Australian dollar, paired with the US dollar, has halted its rise. The current AUDUSD exchange rate stands at 0.6555. The Aussie had been on the rise for eight consecutive sessions. Given the continued weakness of the US dollar, the AUD’s temporary pause is attributed to technical factors and the upcoming statistics. The Consumer Price […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are on the 200-day Moving Average on H4, revealing a lack of any trend. The RSI is testing the support line. As a result, in this situation, the quotes are expected to rise above 3/8 (1.0833), later reaching the resistance at 5/8 (1.0894). The scenario could be cancelled […]
The primary currency pair appears strong on Monday. The current EURUSD exchange rate stands at 1.0822. Although the week begins calmly, investors will have numerous reasons to react later. The US inflationary components will be particularly crucial, given the Federal Reserve’s cautious stance on interest rates. On Thursday, the inflationary components, including core PCE and […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2635 is expected, followed by a rise to 1.2780. An additional signal confirming the rise might be a rebound from the lower […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Stick Sandwich reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be the 1.3575 mark. Next, the price might break the resistance and extend the uptrend. However, the quotes could correct to 1.3475 […]