Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has completed a decline structure to 1.0845. Today the market has corrected to 1.0888 (a test from below). Next, a new decline wave to 1.0838 is expected, after which a cosolidation range might form. With an escape downwards, the potential for a decline wave to 1.0733 could open. GBPUSD, […]
The Japanese yen, paired with the US dollar, continues declining. The current USDJPY exchange rate stands at 148.77. So, the yen has reached a new seven-week low. The decrease was provoked by verbal interventions by a high-ranking Japanese official. Shunichi Suzuki, the Japanese Minister of finance, has announced today that the authorities keep a close […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after a rebound from the support level. The instrument is going inside the Ichimoku Cloud, which suggests a sideways trend. A test of the upper boundary of the Cloud at 1.2715 is expected, followed by a decline to 1.2555. The decline could be additionally supported […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave to 1.0845. Today the market is forming a correction to the 1.0910 level (a test from below). Once the correction is over, a new decline wave to the 1.0838 level might begin. Next, a consolidation range might form; with a downward escape from the […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes have broken the 200-day Moving Average and now rest above it, revealing the probability of an uptrend development. However, the RSI has reached the overbought area. As a result, a test of 6/8 (0.8667) is expected, followed by a rebound from this level and a decline to […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern near the support level on H4. Currently, the instrument might go by the reversal signal in an ascending wave. The growth target could be the resistance at 1.0960. However, the quotes might drop to 1.0850 and continue the uptrend after the correction. USDJPY, […]
The primary currency pair steadied on Thursday after a previous decline. The current EURUSD exchange rate stands at 1.0893. The flow of statistics published yesterday prompted the market to adjust its perspectives. In December, final inflation in the eurozone reached 2.9% y/y, marking a significant acceleration from the previous 2.4%. Although the data aligned with […]
The Australian dollar, paired with the US dollar, has temporarily ceased its descent. The current AUDUSD exchange rate stands at 0.6558. Australia presented a wealth of statistics on Thursday morning. The unemployment rate in December remained unchanged at 3.9%. However, the proportion of the economically active population has dropped significantly, from 67.3% to 66.8%. The […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the broken resistance area. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.0925 is expected, followed by a decline to 1.0745. The decline could be additionally supported by a rebound from the […]
The Japanese yen declined against the US dollar on Wednesday. The current USDJPY exchange rate stands at 147.44. Today’s yen values are the lowest since 4 December of last year. The Japanese national currency is under pressure from various sides, including a robust US dollar and international factors influencing its position. The yield on US […]