Tag: Roboforex
The primary currency pair was slightly below its previous levels on Wednesday. The current EURUSD exchange rate stands at 1.0690. The instrument’s decline has persisted for the third consecutive day, with sales being symbolic. The stabilisation of the US dollar began when certain Federal Reserve officials made comments in their speeches, indicating that the Fed […]
BTC’s price rose to 35,352 USD on Wednesday. The market aims at reaching an important resistance level of 35,800 USD. The seasonal trigger continues to favour buyers. The problem is that it might end very soon. According to seasonal cycles, the correction can stretch from 10 until 21 November. It is believed that the smaller […]
The Australian dollar paired with the US dollar has temporarily ceased its decline. The current AUDUSD exchange rate stands at 0.6438. Yesterday, the Aussie experienced a loss of approximately 0.8% within a day, marking the most significant intraday decline in a month. This downturn was prompted by the market’s reaction to the Reserve Bank of […]
EURUSD, “Euro vs US Dollar” EURUSD has completed an impulse of decline to 1.0664, correcting to 1.0704 today. Extension of the correction to 1.0711 is not excluded. Next, the wave of decline might continue to 1.0640. And if this level also breaks downwards, the potential for a wave to 1.0566 might open. This is a […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has rebounded from the support level. A test of 2/8 (0.6469) is expected in these circumstances, followed by a breakout of this level and a rise to the resistance level of […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the Kijun-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower boundary of the Cloud at 1.2205 is expected, followed by a rise to 1.2505. 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 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 […]