Tag: Roboforex
The BTC exchange rate has dropped to 34,173 USD by Friday. This is exactly as expected: the quotes have accounted for all the existing drivers, and new ones have not come. That is why the market stopped. The market looks ready to develop the scenario with a correction to 29,500 USD. After BTC reaches this […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is approaching the resistance line. In this case, a downward breakout of the 3/8 (0.8977) level is expected, followed by a decline to the support at 1/8 (0.8850). The scenario can […]
EURUSD , “Euro vs US Dollar” EURUSD has secured under 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 1.0565 is expected, followed by a decline to 1.0425. An additional signal confirming the decline will […]
The British pound sterling appears weak against the US dollar. The current GBPUSD exchange rate stands at 1.2080. The US dollar has considerably strengthened its position over the last two days, which had a negative impact on other currencies, including the GBP. The market is gearing up for the release of a large amount of […]
The Japanese yen against the US dollar is falling at each time increasing speed. The current USDJPY exchange rate stands at 150.45. Well, USD has secured above the psychologically important level of 150.00. Earlier we discussed that this mark might have lost its significance because the Bank of Japan was giving no signals of being […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 2010.00. Upon testing the resistance level, the price could break it and go on developing the uptrend. However, the quotes might correct to 1960.00 before […]
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 […]