Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold above the signal lines of the indicator. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.0870 is expected, followed by a rise to 1.1055. An additional signal confirming the rise will […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Shooting Star reversal pattern on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target could be 1.3600. Next, the price might break the support level and continue its downward movement. However, the quotes could pull back to […]
There are no movements from the primary currency pair on Thursday. The current EURUSD exchange rate stands at 1.0906. The stream of US statistics released yesterday did not impress the currency market. Durable goods orders in the US declined by 5.4% m/m after a 4.0% increase in September. In basic terms, the indicator has remained […]
The primary currency pair on Wednesday looks neutral. The current EURUSD exchange rate stands at 1.0910. The US existing home sales data for October fell below expectations, dropping from 3.95 million to 3.79 million homes. In the minutes published yesterday from the last meeting of the US Federal Reserve, concerns were expressed about the potential […]
The BTC exchange rate fell to 36,392 USD on Wednesday. The movement towards 38,000 USD is temporarily halted due to a seasonal bearish cycle and an overall decline in stock market activity. As mentioned earlier, it is necessary to maintain stability within this corrective channel to resume buying later. The cryptocurrency market capitalisation has dropped […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are below the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI is nearing the resistance line. As a result, a test of 3/8 (149.21) is expected, followed by a rebound from it and a decline to the support at 1/8 (147.65). The […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Harami pattern. Currently, the instrument might go by the reversal signal in a descending wave. The correction target could be 1985.00. Upon testing the support, the price might rebound from it and continue developing the uptrend. However, the quotes might rise to 2015.00 without any correction. […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after setting a new local high. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2440 is expected, followed by a rise to 1.2645. An additional signal confirming the rise will be a rebound from […]
EURUSD, “Euro vs US Dollar” EURUSD is forming a movement to 1.0894 inside a decline wave today. Upon reaching this level, the pair could form a growth link to 1.0929. Practically, a wide consolidation range is emerging around this level. The market could try to extend the range to 1.0990. Next, the quotes might drop […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are above the 200-day Moving Average on H4, which indicates the prevalence of an uptrend. However, a divergence has formed on the RSI. As a result, a test of 4/8 (0.6591) is expected, followed by a rebound from this level and a decline to the support at […]