Tag: Roboforex
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 […]
The Australian dollar, in the pair with the US dollar, is accelerating its decline. The current AUDUSD exchange rate stands at 0.6564. Currently, the AUD is hovering near the lows of 13 December 2023. The Reserve Bank of Australia considers the current interest rate value of 4.35% per annum to be the peak. Earlier, there […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed an Inverted Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The correction target could be 1.3545. Next, the price might rebound from this level and extend the downtrend. However, the quotes could drop to 1.3450 without […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average, revealing the prevalence of an uptrend. However, the RSI has reached the overbought area. In the end, a test of 7/8 (148.43) is expected, followed by a rebound from this level and a decline to the support at 5/8 (146.09). The […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave to 1.0882. Today the market has formed a consolidation range around this level and, breaking the range downwards, continues developing the wave to 1.0765. This is a local target. Once this level is reached, a correction link to 1.0882 is not excluded, followed by […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is declining within a bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 0.6165 is expected, followed by a decline to 0.6005. The decline could be additionally supported by a rebound from the upper boundary […]
The British pound sterling, paired with the US dollar, has retreated from a five-month high. The current GBPUSD exchange rate stands at 1.2677. GBP faced pressure as investors globally shifted away from risks on Tuesday. The US dollar is in demand as a safe-haven asset. Today is an active day from the point of macroeconomic […]