Tag: Roboforex
The Australian dollar paired with the US dollar is consolidating after a decline. The current AUDUSD exchange rate stands at 0.6370. In November, Australia’s Consumer Confidence index dropped by 2.6 points compared to the previous 2.9 points. This leading indicator reflects consumer spending levels, illustrating countrywide economic activity parameters. Australia’s Business Confidence Index in October […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern. Currently, the instrument might go by the reversal signal in an ascending wave. The growth target could be 2000.00. Upon testing the resistance, the price might break this level and go on developing the uptrend. However, the quotes could pull back to 1920.00 […]
Buyers are still targeting 38,000 USD. There are sufficient grounds for achieving this target, and the next one is 42,000 USD. The digital asset market continues to focus on news about approving licences for launching spot bitcoin-ETFs. Prices will soar as soon as new information appears. The cryptocurrency market’s capitalisation has reached USD 1.43 trillion. […]
The Japanese yen paired with the US dollar is depreciating again. The current USDJPY exchange rate stands at 151.71. The instrument has experienced growth for six consecutive sessions. However, last week marked the yen’s sharpest decline since August, dropping by 1.48% against the US dollar. These represent the highest levels for the currency pair since […]
EURUSD, “Euro vs US Dollar” EURUSD continues developing a consolidation range around 1.0675. An extension of the range to 1.0695 is not excluded. Next, a decline to 1.0630 might follow. And with a breakout of this range downwards, the trend is expected to continue to 1.0540. This is a local target. GBPUSD, “Great Britain Pound […]
EURUSD, “Euro vs US Dollar” EURUSD are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has broken the resistance line. In this situation, the quotes are expected to rise above 7/8 (1.0711), subsequently proceeding to the resistance at 8/8 (1.0742). The scenario can be cancelled by a downward […]
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 […]