Tag: Roboforex
The primary currency pair fell on Tuesday. The current EURUSD exchange rate stands at 1.0760. Fans of the US currency are closely monitoring the US labour market statistics for November. The first data released yesterday was weak. ADP employment change figures increased by 103,000, while a rise of 130,000 was expected. The figure saw a […]
The British pound sterling has dropped noticeably against the US dollar. The current GBPUSD exchange rate stands at 1.2549. The main reason for GBP’s decline is the incredible strength of the US dollar. Yesterday, the US released the ADP private payrolls for November, and the dollar managed to ignore weak statistics. This happened because a […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the resistance. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.2620 is expected, followed by a decline to 1.2525. An additional signal confirming the decline will be a rebound from the upper boundary […]
The main currency pair on Wednesday continues falling. The current EURUSD exchange rate stands at 1.0793. Bulls in the USD are back on scene. At the same time, attention is focused not as much on the Fed’s interest rate but on the ECB’s rate. Earlier the ECB’s representatives mentioned that inflation in the eurozone was […]
The Australian dollar saw a moderate increase against the US dollar on Wednesday. The current AUDUSD exchange rate stands at 0.6589. Today the market analysed the Australian GDP statistics for Q3 2023. The economic increase did not live up to the expectations, demonstrating the slowest growth rate of the year. Calculated quarter by quarter, the […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Harami reversal pattern on H4. Currently, the instrument could go by the reversal signal in a descending wave. The decline target might be 1.3500. Next, the price could break the support and continue the downtrend. However, the quotes might correct to 1.3615 before falling. AUDUSD, […]
USDJPY, “US Dollar vs Japanese Yen” The USDJPY quotes have broken the 0/8 (146.87) level on H4, exiting the oversold area. The RSI has rebounded from the support line. In this situation, the quotes are expected to rise above 1/8 (147.65) and reach the resistance at 2/8 (148.43). The scenario could be cancelled by a […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are above the 200-day Moving Average on H4, which reveals the prevalence of an uptrend. The RSI is approaching the oversold area. In this situation, a test of 3/8 (0.6530) is expected, followed by a rebound from this level and a rise to the resistance at 5/8 […]
EURUSD, “Euro vs US Dollar” /strong> EURUSD has secured above the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0865 is expected, followed by a decline to 1.0725. An additional signal confirming the decline will be […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Harami reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 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 rising. […]