Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD is forming a corrective structure to 1.0943. After the correction is over, a new growth structure to 1.1030 might develop. Next, a decline wave to 1.0850 could start. This is the first target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a decline link to 1.2664 and […]
The Japanese yen is solidifying its gains against the US dollar. The current USDJPY exchange rate stands at 147.13. A group of Asian currencies is consolidating against the US dollar today. However, they might strengthen during the day as US Treasury bond yields decline. Hawkish comments from some Federal Reserve policymakers fuelled the weakness of […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hanging Man pattern. Currently, the instrument might go by the reversal signal in a descending wave. The correction target could be 2030.00. Upon testing the support, the price might rebound from this level and continue developing the uptrend. However, the quotes could rise to 2070.00 without […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting within a Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.2685 is expected, followed by a rise to 1.2835. An additional signal confirming the rise will be a rebound […]
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 corrective wave. The pullback target could be the support level at 1.0950. However, the quotes might rise to 1.1050 and continue their upward movement without […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes and the RSI have reached the oversold areas on H4. In this situation, the quotes are expected to rebound from the 0/8 (146.87) level and rise to the resistance at 2/8 (148.43). The scenario can be cancelled if they break the 0/8 (146.87) level downwards. In this […]
The Japanese yen continues rising against the US dollar. The current USDJPY exchange rate stands at 147.08. Two factors influence the yen’s exchange rate: Japan’s inflation and the behaviour of the US dollar. The price situation is somewhat balanced: while the CPI has risen, it remains unstable. The USD circumstances are rather productive for the […]
The Australian dollar, paired with the US dollar, continues to rise. The current AUDUSD exchange rate stands at 0.6650. Inflation is slowing in Australia, supporting the scenario of the Reserve Bank of Australia refraining from further interest rate hikes. Market expectations for a rate hike have decreased from 70% to 50%. Today’s statistics show a […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the resistance level. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0965 is expected, followed by a rise to 1.1055. An additional signal confirming the rise will be a rebound from the lower boundary of the […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a consolidation range around 1.0944 and, breaking it upwards, is forming a growth structure to 1.1020. After the price reaches this level, it might correct to 1.0944 (a test from above), subsequently climbing to 1.1033. It is worth noting that any rise is seen as a possible […]