Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction to 1.0673 and started to decline rapidly. The price has achieved the first target of 1.0557. Today a consolidation range is forming above this level. With an upward breakout, the price might rise to 1.0600 (a test from below). A downward breakout will open the […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction to 1.0633. A new fifth decline wave to 1.0125 could start now. Practically, the first structure of this wave is forming, targeting 1.0418. After the price reaches this level, it could correct to 1.0550 (a test from below) and then decline to 1.0277, from where […]
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold below the lower boundary of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0585 is expected, followed by a decline to 1.0425. An additional signal confirming the decline […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hanging Man reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The correction target could be 1965.00. After testing the support level, the price could rebound and develop an ascending wave. However, the quotes might rise to 2025.00 without a […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, revealing a prevailing downtrend. The RSI has broken the support line. In this situation, the price is expected to test the 3/8 (0.6378) level, break it, and drop to the support at 2/8 (0.6286). The scenario can be cancelled […]
The Japanese yen paired with the US dollar is weakening again. The current USDJPY exchange rate stands at 150.11. The Bank of Japan left the interest rate unchanged at -0.10% per annum at today’s meeting, just as expected. At the same time, the central bank announced an increase in the flexibility of the yield curve […]
EURUSD, “Euro vs US Dollar” EURUSD found support at 1.0546 and completed a structure of growth to 1.0585. By now, a consolidation range has formed around this level. Breaking it upwards, the price achieved a local target of 1.0622. Today a link of correction to 1.0585 (a test from above) is expected, followed by another […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold above the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.2170 is expected, followed by a decline to 1.1985. An additional signal confirming the […]
The primary currency pair experienced a minor rise on Tuesday. The current EURUSD exchange rate stands at 1.0591. The US dollar weakened against major currencies at the beginning of the week. Market participants are now primarily focused on the upcoming meeting of the US Federal Reserve System scheduled for Wednesday and the employment sector data […]
The BTC exchange rate on Monday is consolidating at 34,338 USD. The weekly rise is estimated at 12%. Following an impressive surge last week, the market has not seen any new drivers other than those that are already factored into the prices. Buyers are still hopeful that the US Securities and Exchange Commission (SEC) might […]