Tag: Roboforex
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 […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are in the overbought area. The RSI is testing the support line. In this situation, a breakout of the 8/8 (0.8789) level is expected, followed by a decline to the support at 6/8 (0.8667). The scenario could be cancelled by rising above the resistance at +1/8 (0.8850). […]
The Japanese yen is actively strengthening against the US dollar. The current USDJPY quote stands at 148.57. The yen is currently at a one-month high, made possible by the weakening of the US dollar. The market believes that, due to deteriorating economic conditions, the Federal Reserve may decide to cut interest rates this year. These […]
EURUSD, “Euro vs US Dollar” EURUSD is rising within a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.0880 is expected, followed by a rise to 1.0985. An additional signal confirming the rise might be a rebound from the lower boundary of […]
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave to 1.0914. A consolidation range is expected to form around the 1.0899 level today. With a downward escape from the range, a correction structure could target 1.0884 (testing from above). When the correction is over, a growth structure to 1.0919 is not […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hanging Man reversal pattern. Currently, the instrument could go by the reversal signal in a descending wave. The correction target could be 2135.00. After testing the support, the price might rebound and maintain its upward trajectory. However, the quotes could rise to 2180.00 without a correction. […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2670 is expected, followed by a rise to 1.2785. An additional signal confirming the rise might be a rebound from the lower boundary […]