Tag: Roboforex
On Tuesday, the primary currency pair appears neutral. The current EURUSD quote is 1.0965. The market has finally found the equilibrium point after a notably volatile first week of January. During that week, investors urgently reassessed their forecasts about the future actions of the US Federal Reserve. Statistics on the employment market for December came […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction, reaching 1.1138. A new decline wave could follow, targeting 1.0763. The market has already completed the first impulse to 1.0940 and is in a consolidation phase around this level today. With an upward breakout, the price could correct to 1.1010. A downward breakout will open […]
EURUSD, “Euro vs US Dollar” EURUSD has completed the first decline wave to 1.0877. A consolidation range could form around 1.0942 today. With an escape from the range upwards, a correction to 1.1010 at least could follow. With a downward escape, the potential for further wave extension to 1.0750 might open. This is a local […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD has found a foothold under the lower boundary of the bullish channel. The instrument is going under the Ichimoku Cloud, revealing the prevalence of a downtrend. A test of the Tenkan-Sen line at 0.6715 is expected, followed by a decline to 0.6570. The decrease could be additionally supported […]
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 pullback target might be 1.3440. Next, the price might rebound from the resistance and extend the downtrend. However, the quotes could drop to 1.3300 without testing […]
Brent Brent quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. However, the RSI is approaching the oversold area. In this situation, a test of 1/8 (76.56) is expected, followed by a rebound from this level and a rise to the resistance at 3/8 (79.69). The scenario could be […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Harami reversal pattern. Currently, the instrument might go by the reversal signal in an ascending wave. The growth target could be 2090.00. Upon testing the resistance, the price could break it and continue developing the uptrend. However, the quotes might correct to 2057.50 before the growth. […]
The primary currency pair declined on Friday. The current EURUSD exchange rate stands at 1.1062. Sharp price fluctuations, like those currently observed, are possible in a thin and low-liquidity market. The situation will become more predictable as most investors resume transactions after the New Year. The weekly report on initial jobless claims in the US […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.1040 is expected, followed by a rise to 1.1235. An additional signal confirming the rise will be a rebound from the lower […]
EURUSD, “Euro vs US Dollar” EURUSD has completed the first decline impulse to 1.1073 and a correction to 1.1112. When the correction was over, the structure of a new decline wave to 1.1055 started. Practically, the low of the first decrease wave is broken. A consolidation range is expected to develop today around 1.1055. With […]