Tag: Roboforex
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a declining momentum at 1.0860 and a correction to 1.0868. Today the market is making a movement within a decline wave to 1.0790. After the price reaches this level, a rising link to 1.0829 is not excluded (with a test from below). Next, a decline […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Shooting Star reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The correction target could be the support level of 1.0800. However, the price might rise to 1.0910 and continue the uptrend without testing […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has found a foothold above the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud suggesting a downtrend. A test of the Kijun-Sen line is expected at 1.2355, followed by a rise to 1.2580. An additional signal confirming the growth could be a rebound from the […]
The Australian dollar rose steadily against the US dollar by Wednesday. The current AUDUSD exchange rate stands at 0.6500. The surge was mainly fuelled by the decline of the US dollar in the global currency market after the release of the October inflation report. This morning, China released a block of economic statistics that bolstered […]
The BTC exchange rate fell to 35,560 USD by Wednesday. From a technical standpoint, the 38,000 USD mark remains relevant for buyers in the medium term, with the next target located at 42,000 USD. For growth to resume, the market needs to maintain equilibrium within the range of 35,000-37,000 USD. Currently, a technical correction has […]
The major currency pair is holding firm, having reached ten-week peaks on Wednesday. The current EURUSD exchange rate stands at 1.0880. The market experienced significant turbulence yesterday evening, triggered by the release of US price reports. The Consumer Price Index for October turned out to be zero month-on-month compared to the forecasted rise of 0.1% […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target could be 1.3780. Next, the price might break the resistance level and continue its upward movement. However, the quotes could pull back to 1.3655 […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a wide consolidation range around 1.0680. Amid the news, the market broke the range upwards and hit a local correction target of 1.0886. Today a consolidation range is expected to form below this level. Breaking it downwards, the price could start a downward movement to 1.0755 minimum. […]
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold above the upper boundary of the bullish channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.0825 is expected, followed by a rise to 1.0985. An additional signal confirming the rise will be a […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, indicating a prevailing uptrend. The RSI has reached the oversold area. As a result, in this situation, the quotes are expected to surpass 5/8 (150.78) and continue rising to the resistance at 6/8 (151.56). The scenario can be cancelled […]