Tag: Roboforex
The Japanese yen is once again depreciating against the US dollar. The current USDJPY exchange rate stands at 149.14. The market has not received any confirmation of interventions by the Bank of Japan. USDJPY quotes are gradually returning to the levels before the emotional turmoil. Meanwhile, the international backdrop is becoming more stable. The yield […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Shooting Star reversal pattern near the resistance level on H4. Currently, the instrument could go by the reversal signal in a descending wave. The decline target could be the support at 1.0570. However, the price might correct to 1.0680 and extend the downtrend after a test […]
EURUSD, “Euro vs US Dollar” EURUSD found support at the 1.0600 level and continues developing a wave of growth to 1.0670. After the quotes reach this level, a link of decline to 1.0600 might follow (with a test from above). Next, a rise to 1.0706 is expected. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD […]
The British pound sterling against the US dollar is confidently rebounding after a series of prolonged declines. The current GBPUSD exchange rate stands at 1.2290. With investor confidence in taking risks gradually returning to the market, the GBP is moving away from its recent lows. It is worth remembering that that September marked the worst […]
EURUSD, “Euro vs US Dollar” EURUSD has made a rising movement to 1.0619. Today the market is forming a consolidation range under this level. With an escape from the range upwards, the potential for a wave of growth to 1.0672 could open, followed by a link of correction to 1.0595 (with a test from above). […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has broken the resistance line. In this situation, the price is expected to rise above the 7/8 (149.21) level, reaching 8/8 (150.00) later. The scenario can be cancelled by a downward […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.0555 is expected, followed by a rise to 1.0750. An additional signal confirming the rise will be a rebound from the […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 1.3690. Next, the price might break the resistance and continue the uptrend. However, the quotes could correct to 1.3555 before rising. AUDUSD, […]
The price of BTC declined to 27,112 USD on Wednesday. From a fundamental standpoint, the market is still uneventful, with no indications about the progress of Bitcoin ETF application approvals. The first updates are expected next week, but there is no certainty that they will be positive. The cryptocurrency sector does not react to investors […]
The major currency pair remains in a neutral position as we approach midweek. The current EURUSD exchange rate stands at 1.0605. The primary currency pair is holding within a narrow range while the market is awaiting the release of the latest meeting minutes from the US Federal Reserve and the signals they may provide. In […]