Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has formed a correction to 1.0799. Currently, the market is forming a narrow consolidation range under this level. A range extension link to 1.0805 is not excluded today. Next, a decline to 1.0730 might follow, from where the trend could extend to 1.0666. This is a local target. GBPUSD, […]
The Japanese yen, paired with the US dollar, remains stagnant at the beginning of the week. The current USDJPY exchange rate stands at 149.21. At the same time, the USDJPY pair hovers near a ten-week low. Due to the information vacuum and lack of significant news, investors have opted to conserve energy and simply wait. […]
The primary currency pair is rising cautiously on Monday. The current EURUSD exchange rate stands at 1.0795. Nevertheless, the primary currency pair closed Friday with a decline – marking the fourth consecutive week of losses. The market disregarded the revision of December’s US consumer price statistics, which rose less than anticipated. Meanwhile, core inflation appears […]
EURUSD, “Euro vs US Dollar” The EURUSD pair has formed a consolidation range around 1.0766, completing a growth structure to 1.0782 with an escape upwards from the level. A technical return to 1.0766 is expected today (a test from above). Next, another correction link to 1.0791 might form. Once this correction is over, a decline […]
Brent Brent quotes have broken the 200-day Moving Average on H4 and are currently above it, which indicates the probability of an uptrend development. However, the RSI has reached the overbought area. As a result, in this situation, a rebound from 4/8 (81.25) is expected, followed by a price decline to the support at 3/8 […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer pattern. Currently, the instrument might go by the reversal signal in an ascending wave. The growth target might be 2050.00. Upon testing the resistance, the price could break it and continue developing the uptrend. However, the quotes might pull back to 2025.00 before growth. NZDUSD, […]
The Japanese yen, paired with the US dollar, has fallen to its lowest point in ten weeks. The current USDJPY exchange rate stands at 149.40. Investors seem to have abandoned all expectations about the Bank of Japan raising interest rates soon. At the same time, forecasts regarding the future actions of the US Federal Reserve […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the resistance level. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.0800 is expected, followed by a decline to 1.0635. An additional signal confirming the decline could be a rebound from […]
The Australian dollar, paired with the US dollar, started declining again a couple of days after the RBA’s meeting. The current AUDUSD exchange rate stands at 0.6492. So, the AUD has now dropped to its 12-week low against the US dollar. This development occurred within several days after the Reserve Bank of Australia meeting. Investors […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.2565 is expected, followed by a decline to 1.2485. An additional signal confirming the decline could be a rebound from […]