Tag: Roboforex
The British pound sterling, paired with the US dollar, is in the positive again. The current GBPUSD exchange rate stands at 1.2820. The details of the recently announced UK state budget have not brought any surprises, as the market was well-prepared for them. The measures concerning budget expenditure items aim to attract voters to the […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern near the support level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be the resistance at 1.0980. However, the quotes might correct to 1.0910 and extend the uptrend after the pullback. USDJPY, […]
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave towards 1.0914. A correction link to 1.0941 is expected today. Practically, the market has set the frames for a consolidation range. With a downward escape from the range, the decline wave could extend to 1.0888. And with a breakout of this level […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the indicator’s signal lines. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0905 is expected, followed by a rise to 1.1075. An additional signal confirming the rise might be a rebound from the lower boundary […]
The Japanese yen has strengthened against the US dollar, reaching its highest level of the month. The current USDJPY exchange rate stands at 146.98. The main driver behind the yen’s strength is the potential for the Bank of Japan to raise interest rates soon, given the positive trends in inflation and wages. Board Member Junko […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 1.3515. Next, the price could break the resistance and extend the uptrend. However, the quotes might correct to 1.3430 before growing. AUDUSD, […]
EURUSD, “Euro vs US Dollar” The EURUSD pair has extended a consolidation range upwards to 1.0980. A decline wave structure is forming towards 1.0918. Next, a growth link to 1.0949 is not excluded, after which a new decline wave to 1.0888 could begin. This is a local target. GBPUSD, “Great Britain Pound vs US Dollar” […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold above the Tenkan-Sen line. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2815 is expected, followed by a rise to 1.2995. An additional signal confirming the rise might be a rebound from […]
EURUSD, “Euro vs US Dollar” EURUSD quotes rebounded from the resistance level at 8/8 (1.0986) on H4, suggesting the potential development of a corrective movement. The RSI has exited the overbought area. In this situation, the price is expected to test the 5/8 (1.0864) level, rebound from it, and rise to the resistance at 8/8 […]
The Australian dollar rose against the US dollar on Thursday. The current AUDUSD quote stands at 0.6583. Thus, the Aussie is back to a two-week high. This occurred as positions in the US dollar weakened significantly amid a decline in US Treasury bond yields. Capital markets anticipate the Federal Reserve easing monetary policy later this […]