Tag: Roboforex
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 1.0650. However, the pair might rise to 1.0750 and continue the uptrend without testing […]
The primary currency pair is facing a retreat on Tuesday. The current EURUSD exchange rate stands at 1.0706. Risk sentiment in the global foreign exchange market has become notably complex, benefitting both the USD and the EUR. The macroeconomic calendar brought forth the statistics from the eurozone on Monday. The final services PMI remained at […]
The Australian dollar is falling against the US dollar on Tuesday. The current AUDUSD exchange rate stands at 0.6437. At its November meeting, the Reserve Bank of Australia decided to raise the interest rate to 4.35% per annum from the previous 4.10%. In its comments, the RBA noted long-term inflation concerns. Naturally, this did not […]
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 might be 1.3790. Next, the price could break the resistance level and continue the uptrend. However, the quotes could pull back to 1.3655 before […]
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold below the Tenkan-Sen line. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0645 is expected, followed by growth to 1.0815. An additional signal confirming the rise could be a rebound from the upper boundary […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a growth wave, reaching 1.0750. Today it could develop a downward trajectory to 1.0670, later potentially rising to 1.0715. After hitting this level, the price could fall to 1.0660, from where the trend could possibly continue to 1.0600. This is the first target. GBPUSD, “Great Britain Pound […]
EURUSD, “Euro vs US Dollar” EURUSD quotes rebounded from 8/8 on H4. The RSI has left the overbought area and broke the support line. In this situation, the quotes are expected to test the 6/8 (1.0681) level, break it and fall to the support at 4/8 (1.0620). The scenario can be cancelled by rising above […]
The BTC exchange rate climbed to 34,650 USD on Friday. Yesterday, investors attempted to develop a new wave of growth. Everything was going well, but the momentum quickly faded, and BTC returned to consolidation. Nevertheless, this is quite productive for the main cryptocurrency at present. Once news emerges about a spot bitcoin ETF, eagerly anticipated […]
The primary currency pair is rising this Friday. The current EURUSD exchange rate stands at 1.0628. Following the conclusion of the US Federal Reserve meeting and the release of all available information, investors’ sentiment towards the dollar waned. The market has shifted its interest towards risk. In this context, the euro and other currencies are […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.0666. A link of decline to 1.0590 might follow today (with a test from above). Next, a link of growth to 1.0680 is not excluded. After the price reaches this level, a decline to 1.0497 could follow. Practically, a wide consolidation range […]