Tag: Roboforex

EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave to 1.0723. By now, the market has corrected to 1.0780. A consolidation range is forming under this level today. An escape from this range downwards to 1.0704 is expected. And with a breakout of this level downwards as well, the potential for a wave […]

EURUSD, “Euro vs US Dollar” EURUSD quotes have reached the oversold area on H4. A convergence has formed on the RSI. In this situation, a rebound from 0/8 (1.0742) is expected, followed by a price rise to the resistance at 2/8 (1.0986). The scenario could be cancelled by a downward breakout of the support at […]

Brent Brent quotes and the RSI have reached their respective oversold areas on H4. In this situation, the instrument is expected to rise above 0/8 (75.0), subsequently reaching the resistance line at 1/8 (78.12). The scenario could be cancelled by a downward breakout of the support at -1/8 (71.88). In this case, the quotes could […]

The Australian dollar, paired with the US dollar, has seen an increase by Friday. The current AUDUSD exchange rate stands at 0.6618. The Aussie had earlier faced pressure when the Reserve Bank of Australia held the interest rate steady at 4.35% per annum. During that time, the CB mentioned that keeping the parameter unchanged would […]

The Japanese yen is strengthening its position against the US dollar. The current USDJPY exchange rate stands at 143.64. When we mentioned a couple of days ago that the yen was on the brink of significant movements, we could not have imagined that the Japanese national currency would rise so quickly and sharply. However, the […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has rebounded 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 1.2615 is expected, followed by a decline to 1.2365. An additional signal confirming the decline will be a rebound […]

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 could remain at 2070.00. Upon testing the resistance, the price might break it and continue developing the uptrend. However, the quotes could pull back to 2005.00 before […]

EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern near the support level on H4. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target might be the resistance at 1.0895. However, the price could correct to 1.0710 and extend the uptrend after testing the support. […]

EURUSD, “Euro vs US Dollar” EURUSD is declining by a bearish impulse. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.0785 is expected, followed by a decline to 1.0585. An additional signal confirming the decline will be a rebound from the upper boundary of […]

USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is nearing the resistance line. In this situation, a test of 4/8 (0.8789) is expected, followed by a rebound from this level and a decline to the support at 2/8 (0.8667). […]