Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the support level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.0675 is expected, followed by a rise to 1.0815. An additional signal confirming the rise will be a rebound from the […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be the resistance at 1.0740. However, the price might pull back to 1.0650 and continue the uptrend upon testing the support. USDJPY, “US Dollar […]
The BTC exchange rate rose to 36,703 USD on Friday. The weekly increase is 6.2%, with a peak price of 37,962 USD. The market appears overly optimistic despite the hypothetical shift from a seasonal trend to a corrective one. From a technical standpoint, buyers are confidently approaching the 38,000 USD mark, targeting the next level […]
The British pound sterling has extended the wave of decline against the US dollar even further. The current GBPUSD exchange rate stands at 1.2222. The pound is declining after dovish comments made by several monetary policymakers in the UK. All market attention is somehow tied to interest rate forecasts, which remain too uncertain. Today, the […]
EURUSD, “Euro vs US Dollar” EURUSD has broken the 1.0677 level down. At the moment, the market might test this level from below. Next, a decline to 1.0632 could follow from where the trend could extend to 1.0540. This is a local target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has broken the 1.2233 […]
Brent Brent quotes are in the oversold area on H4, while the RSI has broken the resistance line. In this situation, a test of 0/8 (81.25) is expected, followed by a breakout of this level and a rise to the resistance at 2/8 (84.38). The scenario can be cancelled by a downward breakout of the […]
BRENT Brent is rebounding from the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 81.45 is expected, followed by a decline to 75.45. An additional signal confirming the decline will be a rebound from the upper boundary of the bearish channel. The […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 1.3880. Next, the price might break the resistance and extend the uptrend. However, the quotes could pull back to 1.3770 before continuing […]
The main currency pair is poised for growth on Thursday. The current EURUSD exchange rate stands at 1.0710. There is almost no significant data from the US in this week’s macroeconomic calendar, but the eurozone continues to publish statistics. Retail sales in the region dropped by 0.3% m/m in September after falling 0.7% earlier. This […]
The British pound sterling fell against the US dollar for the third consecutive session. The current GBPUSD exchange rate stands at 1.2286. The pound intensified its decline when the Bank of England’s chief economist suggested interest rate cuts by mid-2024. The speaker was Huw Pill, and he said future rate cuts do not seem unreasonable […]