Tag: Roboforex
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are approaching the overbought area on H4. The RSI has rebounded from the support level. In this situation, the price is expected to test the 8/8 (150.00) level, rebound from it, and decline to the support at 6/8 (146.87). The scenario could be cancelled by rising above […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting after failing to break the support level. The pair is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.0875 is expected, followed by a decline to 1.0715. The decline could be additionally supported by a […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Doji pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be the 2055.00 level. After testing the resistance, the price could break above it and continue its upward momentum. However, the quotes could pull back to 2010.00 […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI is testing the resistance area. In this situation, a downward breakout of the 4/8 (0.6591) level is expected, followed by a price decline to the support at 2/8 (0.6469). The scenario […]
The Japanese yen, paired with the US dollar, is about to decline further. The USDJPY exchange rate stands at 148.10. The Bank of Japan maintained its ultra-soft monetary policy at the January meeting. The interest rate remained at -0.10% per annum. The Central Bank made no changes to its credit and monetary policy structure and […]
EURUSD, “Euro vs US Dollar” EURUSD has extended the consolidation range downwards to 1.0875. Today the market is forming a growth link, extending the range to 1.0913. Upon reaching this level, a new decline wave to 1.0838 could begin. This is the first target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues developing a […]
The primary currency pair continues to rise moderately on Tuesday, but overall, investors have adopted a wait-and-see attitude. The current EURUSD exchange rate stands at 1.0895. There have been few statistics so far, prompting the market to keep a close eye on the euro and speculate about the prospects of the European Central Bank’s future […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern on H4 near the support level. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be the resistance at 1.0970. However, the quotes could drop to 1.0870 and extend the uptrend after the correction. USDJPY, […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has found a foothold above the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2705 is expected, followed by a rise to 1.2825. An additional signal confirming the rise will […]
EURUSD, “Euro vs US Dollar” EURUSD continues developing a correction. Today the price has reached the local target of this correction at 1.0908. A decline link to 1.0880 is expected, after which a new growth link to 1.0913 is expected. Once the correction is over, a new decline link to 1.0838 might start. GBPUSD, “Great […]