Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has completed a growth wave to 1.1011. A consolidation range is expected to form around 1.1000 today. Extension of the range to 1.1015 is not excluded. Next, a decline link to 1.0972 might form (a test from below), followed by a rise to 1.1054. At this level, the potential […]
Brent Brent quotes are on the 200-day Moving Average on H4, which points on the lack of any trend. The RSI has rebounded from the support line. The RSI has rebounded from the support line. In this situation, a further rise to the nearest resistance level of 4/8 (81.25) is expected. The scenario could be […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF is rebounding from 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 0.8585 is expected, followed by a decline to 0.8475. An additional signal confirming the decline will be a rebound […]
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 1.3340. Next, the price might rebound from the resistance and continue the downtrend. However, the quotes could drop to 1.3250 without any […]
The primary currency pair is consolidating on Thursday. The current EURUSD exchange rate stands at 1.0949. The market has calmed down. Investors seem to be conserving energy before the movements of Thursday and Friday when the maximum number of crucial statistics will be released. Next, market participants will go on Christmas holidays. The US CCI […]
The British pound sterling paired with the US dollar is compelled to retreat. The current GBPUSD exchange rate stands at 1.2639. The UK’s November inflation report revealed a big surprise: the consumer price index decreased to 3.9% against the consensus forecast of 4.4%, and core inflation fell to 6.3% from the earlier 6.6%. These are […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might remain at 2065.00. Upon testing the resistance, the price could break it and continue developing the uptrend. However, the quotes might pull back to 2010.00 before rising. […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are in the oversold area on H4. The RSI is testing the resistance line. In this situation, the quotes are expected to rise above -1/8 (0.8667), subsequently reaching the resistance level of 0/8 (0.8789). The scenario could be cancelled by a downward breakout of -2/8 (0.8544), which […]
BRENT Brent 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 Kijun-Sen line at 78.05 is expected, followed by a rise to 84.40. An additional signal confirming the rise will be a rebound from the upper […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a corrective wave to 1.0929. A consolidation range is expected to form above this level today. With an escape from this range upwards, a growth structure to 1.0972 could form, from where the wave might continue to 1.1012. With a downward escape, a decline link to 1.0888 […]