Tag: Roboforex
The primary currency pair is without a clear trend on Friday. The current EURUSD exchange rate stands at 1.0905. The US market was closed yesterday because of Thanksgiving Day, and no statistics were published. Today, there are almost none. The European Central Bank published the minutes of its previous meeting, which were interesting for several […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a corrective wave to 1.0929. A decline link to 1.0880 is forming today. Practically, a consolidation range is forming around this level. With an escape from the range downwards, a decline wave to 1.0840 might continue. And provided this level is also breached, the potential for a […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave, reaching 1.0852. Today a link of growth to 1.0918 is forming. Practically, a wide consolidation range could form around 1.0918. With a downward breakout of this range, the pair might continue its downward movement to 1.0761. This is a local target. GBPUSD, “Great Britain […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes and the RSI are approaching the overbought areas on H4. In this situation, the price is expected to test the 0/8 (0.8789) level, rebound from it, and rise to the resistance at 2/8 (0.8911). The scenario can be cancelled by a downward breakout of the 0/8 (0.8789) […]
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 […]