Tag: Roboforex
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 […]
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 […]