Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI has rebounded from the resistance line. In this situation, a downward breakout of the 2/8 (1.0559) mark is expected, followed by a decline to the support at 0/8 (1.0498). The scenario can […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer 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 at 1.0635. However, the price could correct to 1.0500 and continue the uptrend after the pullback to […]
EURUSD, “Euro vs US Dollar” EURUSD has performed a corrective wave to 1.0596. Today the market continues developing a declining wave to 1.0500. After it reaches this target, a consolidation range could form around it. Escaping the range downwards, the price might open the potential for a declining wave to 1.0433. This is the first […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a wave of decline to 1.0521. Today the quotes might correct to 1.0590. After the price reaches this level, a new wave of decline to 1.0515 could begin. This is the first target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a wave of decline […]
Brent Brent quotes are below the 200-day Moving Average on H4, revealing the probability of a downtrend development. The RSI is testing the resistance line. In this situation, a downward breakout of 4/8 (87.50) is expected, followed by a decline to the support at 2/8 (84.38). The scenario can be cancelled by rising above the […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hanging Man reversal pattern on H4. Currently, the instrument could go by the reversal signal in a descending wave. The pullback target might be 1.3750. Next, the price could rebound from the support level and extend the uptrend. However, the quotes might rise to 1.3880 […]
The main currency pair on Friday keeps balance. The current EURUSD exchange rate stands at 1.0566. The currency market has faced an avalanche of statistics and other information. At the last meeting, the European central bank decided to leave the interest rate at 4.5% per annum. For now, the regulator does not consider softening its […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the lower boundary of the Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.2155 is expected, followed by a decline to 1.1915. An additional signal confirming the decline […]
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 […]