Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0540. A decrease to 1.0533 might follow today. After the quotes reach this level, a link of correction to 1.0565 is not excluded (with a test from below). Next, a new wave of decline to 1.0480 is expected. This is the first […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY are above the 200-day Moving Average on H4, indicating the prevalence of an uptrend. The RSI has broken the resistance line. In this situation, the quotes are expected to rise above 8/8 (150.00), from where they might proceed to +1/8 (150.78). The scenario can be cancelled by a […]
The Australian dollar continues growing against the US dollar. The current AUDUSD exchange rate is 0.6400. On Wednesday morning, Aussie skyrocketed to its two-week high after the publication of Australian inflation statistics that exceeded expectations. For example, the CPI in Q3 dropped to 5.4% from 6.0% previously. Yet the result did not live up to […]
The Japanese yen is again declining against the US dollar. The current USDJPY exchange rate stands at 149.86. Answering a question about the yen’s recent decline, Prime Minister of Japan Fumio Kishida said yesterday that it was desirable for currency rates to move stably. Kishida emphasised that it is up to the Bank of Japan […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0582. A link of correction to 1.0636 might follow today. Practically, a consolidation range is developing. With an escape from the range downwards, the potential for a declining wave to 1.0520 could open. With an escape upwards, the wave of growth might […]
The BTC on Wednesday is correcting, hovering at 34,200 USD. The weekly increase amounts to 18.8% but at certain moments it exceeded 22%. Cryptocurrencies are so popular these days that do not even encounter technical pullbacks. At the platform, they think that the moment when a license for spot bitcoin ETF will be granted to […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern near the support level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be the resistance level at 1.0690. However, the price could correct to 1.0560 and extend the downtrend after a pullback […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured under the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper boundary of the Cloud at 1.2205 is expected, followed by a decline to 1.1985. An additional signal confirming the decline will […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Harami reversal pattern on H4. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target might be 1.3740. Next, the price could break the resistance and extend the uptrend. However, the quotes might correct to 1.3640 before rising. AUDUSD, […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is nearing the resistance line. In this situation, a test of 5/8 (0.6378) is expected, followed by a rebound from this level and a decline to the support at 2/8 (0.6286). […]