Tag: Roboforex

Nov 07
Ichimoku Cloud Analysis 07.11.2023 (EURUSD, USDCAD, NZDUSD)

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 […]

Nov 07
Technical Analysis & Forecast 07.11.2023.

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 […]

Nov 07
Murrey Math Lines 07.11.2023 (EURUSD, GBPUSD)

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 […]

Nov 03
The cryptocurrency market digest (BTC, SOL). Overview for 03.11.2023

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 […]

Nov 03
Euro is in demand. Overview for 03.11.2023

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 […]

Nov 03
Technical Analysis & Forecast 03.11.2023

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 […]

Nov 03
Ichimoku Cloud Analysis 03.11.2023 (GBPUSD, USDJPY, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has found a foothold above the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which implies an uptrend. A test of the lower boundary of the Cloud is expected at 1.2130, followed by a rise to 1.2365. An additional signal confirming […]

Nov 03
Japanese Candlesticks Analysis 03.11.2023 (XAUUSD, NZDUSD, GBPUSD)

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 2025.00. Upon testing the resistance, the price might break it and continue developing the ascending wave. However, the quotes could pull back to 1965.50 before […]

Nov 03
Murrey Math Lines 03.11.2023 (Brent, S&P 500)

Brent Brent quotes are under the 200-day Moving Average in H4, which indicates the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a test of 4/8 (87.50) is expected, followed by a rebound from this mark and a decline to the support at 2/8 (84.38). The scenario can be […]

Nov 03
The AUD has risen to a three-week peak. Overview for 02.11.2023

The Australian dollar, paired with the US dollar, has reached a three-week high. The current AUDUSD exchange rate stands at 0.6422. The Aussie managed to recover after the US Federal Reserve kept the interest rate unchanged at 5.50% per annum for the second consecutive time. The market’s reasoning is as follows: US interest rates have […]