Tag: Roboforex
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 […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on H4, indicating the prevalence of an uptrend. However, a divergence has formed on the RSI, revealing a probable price decline. As a result, in this situation, a downward breakout of 7/8 (08728) is expected, followed by a price decline to […]
The British pound sterling, paired with the US dollar, is inclined to grow. The current GBPUSD exchange rate stands at 1.2628. Now that the pressure from the US dollar has decreased, the pound has an opportunity for correction. The UK published very few vital statistics this week. However, the house price report for January is […]
After a pause, the Japanese yen, paired with the US dollar, resumed its decline. The current USDJPY exchange rate stands at 148.54. A high-ranking official from the Bank of Japan remarked yesterday that it was challenging to envision a scenario in which the regulator would swiftly raise the interest rate. This official was Shinichi Uchida, […]
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 correction target might be the resistance at 1.0830. However, the price could drop to 1.0715 and extend the downtrend without testing the resistance. […]
EURUSD, “Euro vs US Dollar” The EURUSD pair has received support at the 1.0767 level and continues correcting. Today the correction could extend to 1.0791. Once it is over, a decline wave to 1.0700 is expected to begin. And if this level also breaks, the potential for a wave to 1.0666 might open. This is […]
The Japanese yen, paired with the US dollar, is gradually reaching equilibrium. The current USDJPY exchange rate stands at 147.97. At the beginning of the week, the yen hit a two-month low against the USD after the US dollar began to rally. This development occurred as investors reassessed prospects for the Federal Reserve’s future actions. […]