Tag: Roboforex
The primary currency pair exceeded the previous day’s levels on Friday. The current EURUSD exchange rate stands at 1.0575. The US released data for existing homes in September, which dropped to 3.96 million from 4.04 million previously. The forecast was, however, even more pessimistic, suggesting a decrease to 3.89 million homes due to high borrowing […]
The BTC exchange rate skyrocketed to 29,315 USD by Friday. Weekly growth is estimated at almost 10%, with a daily increase of 3.5%. The primary driving factors at present revolve around the submission of applications by large funds to the US Securities and Exchange Commission (SEC) for a licence to launch a spot Bitcoin-ETF. Comments […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes have broken the 200-day Moving Average on H4 and rest below it, indicating an opportunity of a downtrend development. However, the RSI has formed a conversion that reveals price growth. As a result, a test of 4/8 (0.9033) is expected, followed by a breakout of the level […]
The British pound sterling paired with the US dollar has returned to a downward trend. The GBPUSD current exchange rate is 1.2130. Global risk aversion is weighing against the British currency. In the past few days, the UK has released a significant amount of economic data, with a focus on price-related parameters. The growth in […]
The primary currency pair came under pressure by Thursday. The current EURUSD exchange rate stands at 1.0530. The overall market sentiment since yesterday has been driven by risk aversion due to geopolitical complications and deteriorating macroeconomic signals, leading to renewed demand for the USD. The currently published statistics offer limited significant information. In September, the […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD quotes have formed an Inverted Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 1.3790. Next, the price might break the resistance and continue the uptrend. However, the quotes could correct to 1.3690 before […]
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 […]
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 […]
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 […]
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 […]