Tag: Roboforex
The Australian dollar, paired with the US dollar, is growing on Friday. The current AUDUSD exchange rate stands at 0.6587. Over the past two days, the risk interest factor from investors in the global currency market has worked in favour of the Aussie. Additionally, the AUD has benefited from the local decline in the US […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are on the 200-day Moving Average on H4, which reveals the lack of any trend. However, a convergence has formed on the RSI, signaling about a possible price rise. As a result, the quotes are expected to break the 6/8 (0.8667) level and reach the resistance at […]
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave to 1.0886. The news provoked a decline impulse to the 1.0816 level and a correction to 1.0860. Today the market has performed a structure of a decline wave to 1.0794. Next, a correction link to 1.0828 is expected. Once the correction is […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 2060.50. Upon testing the resistance, the price could break it and continue with the uptrend. However, the quotes might pull back to 2030.00 before growing. […]
The British pound sterling, paired with the US dollar, is being pulled down. The current GBPUSD exchange rate stands at 1.2675. The Bank of England will meet today to decide on the interest rate. The rate will likely remain at 5.25% per annum. The BoE will allow its counterparts to lead, initiating the reduction in […]
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a decline wave to 1.0740. This is the first target. Once it is reached, a correction to 1.0935 is expected (a test from below), followed by a decline to 1.0565. This is a local target. Next, a rise to 1.0740 is expected. Upon reaching this […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper boundary of the Cloud at 1.2695 is expected, followed by a decline to 1.2555. An additional signal confirming the decline could be a rebound […]
The primary currency pair is decreasing on Wednesday. The current EURUSD exchange rate stands at 1.0820. This evening, the US Federal Reserve’s meeting will conclude. The regulator will decide on the interest rate and likely provide indications regarding the timing of the first reduction in loan costs in this cycle. The interest rate will remain […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, which indicates the prevalence of an uptrend. The RSI has rebounded from the support line. In this situation, a test of 7/8 (148.43) is expected, followed by a breakout of this level and a rise to the resistance at […]
The Australian dollar, paired with the US dollar, declined on Wednesday. The current AUDUSD exchange rate stands at 0.6567. Inflation data in Australia reinforced market expectations of an imminent interest rate reduction. The consumer price index in Q4 dropped to 4.1% year-over-year from the previous 5.4%. Quarterly, the indicator rose by a mere 0.6% against […]