Tag: Roboforex
The primary currency pair halted its decline on Tuesday but appears weak. The current EURUSD exchange rate stands at 1.0744. The euro is currently at its lowest point since 8 December of the previous year. The market is still absorbing information received earlier from the US Federal Reserve. This pertains to the comments made by […]
The Australian dollar has paused its decline against the US dollar. The current AUDUSD exchange rate stands at 0.6500. Following the Reserve Bank of Australia’s meeting, the AUD experienced a slight uptick, but this did not alter the overall picture: the quotes are hovering near eleven-week lows. The interest rate remains at 4.35% per annum, […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, which reveals the prevalence of a downtrend. However, the RSI has formed a convergence, which is a signal for a possible price rise. As a result, the quotes should be expected to rise above 3/8 (0.6530), subsequently reaching the […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave to 1.0722. Today the pair could correct to 1.0753. Once this correction is over, a new decline wave to 1.0720 might start. And if this level also breaks, the potential for a wave to 1.0696 could open. This is a local target. GBPUSD, “Great […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has found a foothold under the lower boundary of the descending channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.2565 is expected, followed by a decline to 1.2425. An additional signal confirming the decline could […]
The main currency pair is on the rise on Friday. The current EURUSD exchange rate stands at 1.0880. Today promises to be a significant day for currency investors as the US prepares to release employment market statistics for January – and more. Per average expectations, the unemployment rate increased to 3.8% last month from the […]
Brent Brent quotes have broken below the 200-day Moving Average on H4, indicating the potential development of a downtrend. However, the RSI is approaching the oversold area. As a result, in this situation, the price is expected to test the 2/8 (78.12) level, rebound from it, and rise to the resistance at 3/8 (79.69). The […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument could go by the reversal signal in an ascending wave. The correction target might be the 1.3420 level. Subsequently, the price could rebound and maintain downward momentum. However, the quotes might fall to 1.3325 without a correction. […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is rebounding from the upper boundary of the descending channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Cloud’s upper boundary at 0.6105 is expected, followed by a rise to 0.6265. An additional signal confirming the rise could be […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a corrective wave, reaching 1.0833. After forming a narrow consolidation range around this level, the market moved upwards and rose to 1.0878. This entire structure is perceived as a wide consolidation range around 1.0833. Today downward momentum to 1.0807 is expected to start. A downward breakout of […]