Tag: Roboforex

Oct 10
Technical Analysis & Forecast 10.10.2023

EURUSD, “Euro vs US Dollar” EURUSD has made a corrective movement to 1.0519. Today the market continues developing the rising movement to 1.0595. Next, a consolidation range could form around this level. With an escape upwards, the potential for a rising wave to 1.0670 might open. Next, a corrective link to 1.0595 is not excluded […]

Oct 10
Euro/dollar has reached a neutral point. Overview for 10.10.2023

The major currency pair appears neutral on Tuesday. The current EURUSD exchange rate stands at 1.0565. US treasury bond yields experienced a slight decline yesterday, coinciding with a drop in the value of the US dollar. In the absence of news and stock market information, investors were engaged with their preferred activity, namely looking for […]

Oct 10
Japanese Candlesticks Analysis 10.10.2023 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” Gold has formed an Engulfing pattern near the resistance level. Currently, the instrument might go by the reversal pattern in a descending wave. The decline target could be 1835.00. Upon testing the support level, the price might break it and continue developing the descending wave. However, the quotes could pull […]

Oct 10
Murrey Math Lines 10.10.2023 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is approaching the support line. In this situation, a downward breakout of the 6/8 (0.6408) level could be expected, followed by a decline to the support at 4/8 (0.6347). The scenario […]

Oct 10
Ichimoku Cloud Analysis 10.10.2023 (XAUUSD, AUDUSD, BRENT)

XAUUSD, “Gold vs US Dollar” Gold is growing after a breakout of the lower Cloud boundary. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper boundary of the Cloud at 1870 is expected, followed by a decline to 1805. A signal confirming the decline could be a […]

Oct 10
Murrey Math Lines 09.10.2023 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD are below the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI has rebounded from the resistance line. In this situation, a downwards breakout of 6/8 (1.0498) is expected, followed by a decline to the support at 5/8 (1.0376). The scenario can be cancelled by […]

Oct 10
The cryptocurrency market digest (BTC, BNT). Overview for 09.10.2023

The BTC quotes on Monday are consolidating near 27,949 USD. Nothing happened in the cryptocurrency sector over the last few days. The market remains without a key idea. As one, it could have accepted the licensing of bitcoin ETF or investors massively fleeing from risks in fiat markets. However, nothing has changed yet. To proceed […]

Oct 09
Technical Analysis & Forecast 09.10.2023

EURUSD, “Euro vs US Dollar” EURUSD made a corrective movement to 1.0566 and a link of decline to 1.0482. Amid the news, the market performed a rising impulse to 1.0599 and is correcting it today. A link of decline to 1.0522 is not excluded today. After the correction is over, a rising link to 1.0685 […]

Oct 09
The euro slides down. Overview for 09.10.2023

The major currency pair is declining on Monday. The current EURUSD exchange rate stands at 1.0550. The global market is escaping risks due to the escalation of a political conflict in the Middle East. Such aggravations primarily boost demand for safe-haven assets, including the US dollar. The statistics released in the US on Friday have […]

Oct 09
Ichimoku Cloud Analysis 09.10.2023 (EURUSD, USDJPY, XAUUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper boundary of the Cloud at 1.0540 is expected, followed by a decline to 1.0375. An additional signal confirming the decline will be a rebound […]