Tag: Roboforex

Oct 19
Technical Analysis & Forecast 19.10.2023

EURUSD, “Euro vs US Dollar” EURUSD has rebounded from 1.0593, making a movement to 1.0522 within a declining wave. A consolidation range s forming above this level today. The quotes could escape the range downwards, reaching 1.0502. Next, a link of correction to 1.0540 (with a test from below) and a decline to 1.0484 could […]

Oct 19
Ichimoku Cloud Analysis 19.10.2023 (GBPUSD, NZDUSD, XAUUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured under the lower boundary of the Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.2145 is expected, followed by a decline to 1.1945. An additional signal confirming the decline will be a […]

Oct 19
Murrey Math Lines 18.10.2023 (USDJPY, USDCAD)

USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes and the RSI on H4 are nearing the overbought area. In this situation, a test of 8/8 (150.00) is expected, followed by a rebound from this level and a decline to the support at 6/8 (148.43). The scenario can be cancelled by rising above 8/8 (150.00). In […]

Oct 18
Ichimoku Cloud Analysis 18.10.2023 (EURUSD, BRENT, USDCAD)

EURUSD, “Euro vs US Dollar” EURUSD has secured above the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.0575 is expected, followed by a rise to 1.0755. An additional signal confirming the rise will be a rebound from […]

Oct 18
Japanese Candlesticks Analysis 18.10.2023 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” Gold has formed a Shooting Star reversal pattern. Currently, the instrument could go by the reversal signal in a descending wave. The pullback target might be 1920.50. Upon breaking the support, the price could rebound from it and continue the uptrend. However, the price might rise to 1965.00 without any […]

Oct 18
JPY: clarity decreases further. Overview for 18.10.2023

The Japanese yen, paired with the US dollar, strengthened yesterday but failed to maintain comfortable levels. The current USDJPY exchange rate stands at 149.67. Yesterday, Bloomberg reported that the Bank of Japan will likely discuss raising the price forecast for the financial year ending in March. This led to high volatility in the USDJPY pair, […]

Oct 18
Technical Analysis & Forecast 18.10.2023

EURUSD, “Euro vs US Dollar” EURUSD has its support level at 1.0533. Today the market is forming a growth movement to 1.0599. Upon reaching it, the market could form a link of decline to 1.0565 (with a test from above). Practically, a consolidation range might form around 1.0565. Escaping the range upwards, the price could […]

Oct 18
The cryptocurrency market digest (BTC, EVER). Overview for 18.10.2023

The BTC price rose to 28,670 USD on Wednesday. The weekly gain is estimated at 5.8%, and the daily gain at 1.8%. The market has successfully breached previously specified resistance levels, both at the 27,800 USD and the 28,500 USD marks. This surge is based on fake news of approval for a BlackRock exchange-traded fund. […]

Oct 18
USD has retreated. Overview for 18.10.2023

The primary currency pair surpassed yesterday’s levels on Wednesday, but uncertainties loom regarding future developments. The current EURUSD exchange rate stands at 1.0576. The US released two significant reports yesterday. The first report concerned retail sales, which increased by 0.7% m/m in September, exceeding the forecast (+0.2%) and even surpassing the August figure (+0.6%). The […]

Oct 17
Japanese Candlesticks Analysis 17.10.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target might be the support level at 1.0465. However, the price could correct to 1.0580 and continue the downtrend after the correction […]