Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami 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 level at 1.0690. However, the price could correct to 1.0560 and extend the downtrend after a pullback […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured under 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 1.2205 is expected, followed by a decline to 1.1985. An additional signal confirming the decline will […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Harami reversal pattern on H4. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target might be 1.3740. Next, the price could break the resistance and extend the uptrend. However, the quotes might correct to 1.3640 before rising. AUDUSD, […]
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 nearing the resistance line. In this situation, a test of 5/8 (0.6378) is expected, followed by a rebound from this level and a decline to the support at 2/8 (0.6286). […]
The Australian dollar is rising against the US dollar on Tuesday. The current AUDUSD exchange rate stands at 0.6354. Aussie rose to its weekly high because the US government bond yield started declining, and geopolitical risks shrank. Lots of market attention is focused on the comments and actions of the Reserve Bank of Australia. After […]
The main currency pair reached its October high on Tuesday. The current EURUSD exchange rate stands at 1.0680. The US government bond yield stepped back from the peak upon reaching 5% and attracting lots of traders. The currency pair also received some support from the alleviation of the geopolitical risks. The fact that the conflict […]
EURUSD, “Euro vs US Dollar” EURUSD has escaped a consolidation range upwards, reaching the local correction target of 1.0686. Today a declining movement to 1.0590 could form. After the price reaches this level, a new corrective movement to 1.0717 might follow. Next, a decline to 1.0400 by the trend is expected. GBPUSD, “Great Britain Pound […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0655 is expected, followed by a rise to 1.0755. An additional signal confirming the rise will be a rebound from the lower boundary of […]
EURUSD, “Euro vs US Dollar” EURUSD continues forming a consolidation range around 1.0570. A link of decline to 1.0550 is not excluded today. Next, the range could extend to 1.0620. A price decline to 1.0570 might follow. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues forming a consolidation range around 1.2151. A declining link […]
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 1/8 (1.0559) level is expected, followed by a decline to the support at 0/8 (1.0498). The scenario can […]