Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has practically exhausted the potential for a growth wave at the 1.0964 level. A new consolidation range is expected to form around this level. With an escape from the range downwards, a decline wave to 1.0894 is expected to form. With a breakout of this level as well, the […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Shooting Star reversal pattern near the resistance level on H4. Currently, the instrument could go by the reversal signal in a descending wave. The correction target might be the support at 1.0910. However, the price could rise to 1.1000 and extend the uptrend without testing the […]
EURUSD, “Euro vs US Dollar” EURUSD is rising within a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0895 is expected, followed by a rise to 1.1115. An additional signal confirming the rise will be a rebound from the lower boundary of […]
On Tuesday, the primary currency pair is reaching new local peaks. The current EURUSD exchange rate stands at 1.0960. The catalyst remains the same – investors remain confident that the US Federal Reserve’s interest rate has reached its peak. Earlier, the market received confirming evidence from weak macroeconomic statistics. With no new statistics released, investors […]
The British pound sterling, paired with the US dollar, is actively appreciating. The current GBPUSD exchange rate stands at 1.2532. On one hand, the GBP is supported by a weak US dollar and swiftly regains its position. On the other hand, domestic news is also providing certain support. UK Prime Minister Rishi Sunak has announced […]
EURUSD, “Euro vs US Dollar” EURUSD quotes on H4 and the RSI are in their respective overbought areas. In this situation, a test of +2/8 (1.0986) is expected, followed by a rebound from it and a price decline to the support level of 8/8 (1.0742). The scenario can be cancelled by rising above the resistance […]
EURUSD, “Euro vs US Dollar” EURUSD has broken the upper boundary of the consolidation range, offering the market an extension of the wave to 1.0928. Next, a link of decline to 1.0893 is not excluded, followed by a rise to 1.0960. After the price reaches this level, a decline wave to 1.0823 could start. GBPUSD, […]
On Monday, the BTC exchange rate saw an increase to 37,215 USD. The weekly appreciation appears symbolic, falling just short of 1%. The daily surplus amounts to 1.8%. From a technical standpoint, the market is firmly heading towards 38,000 USD. A consolidation above this level could pave the way for a further rise to 42,000 […]
The primary currency pair is hovering near a two-month peak this Monday. The current EURUSD exchange rate stands at 1.0922. Market expectations have turned against the US dollar. Following the release of a series of weak macroeconomic reports in the previous week, including the inflation report, investors have begun to contemplate the outlook for monetary […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rising within a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2445 is expected, followed by a rise to 1.2605. An additional signal confirming the rise will be a rebound from the lower […]