Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has rebounded from the support level. A test of 2/8 (0.6469) is expected in these circumstances, followed by a breakout of this level and a rise to the resistance level of […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the Kijun-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower boundary of the Cloud at 1.2205 is expected, followed by a rise to 1.2505. An additional signal confirming the rise will be a rebound […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Shooting Star reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The correction target could be the support level of 1.0650. However, the pair might rise to 1.0750 and continue the uptrend without testing […]
The primary currency pair is facing a retreat on Tuesday. The current EURUSD exchange rate stands at 1.0706. Risk sentiment in the global foreign exchange market has become notably complex, benefitting both the USD and the EUR. The macroeconomic calendar brought forth the statistics from the eurozone on Monday. The final services PMI remained at […]
The Australian dollar is falling against the US dollar on Tuesday. The current AUDUSD exchange rate stands at 0.6437. At its November meeting, the Reserve Bank of Australia decided to raise the interest rate to 4.35% per annum from the previous 4.10%. In its comments, the RBA noted long-term inflation concerns. Naturally, this did not […]
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 might be 1.3790. Next, the price could break the resistance level and continue the uptrend. However, the quotes could pull back to 1.3655 before […]
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold below the Tenkan-Sen line. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0645 is expected, followed by growth to 1.0815. An additional signal confirming the rise could be a rebound from the upper boundary […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a growth wave, reaching 1.0750. Today it could develop a downward trajectory to 1.0670, later potentially rising to 1.0715. After hitting this level, the price could fall to 1.0660, from where the trend could possibly continue to 1.0600. This is the first target. GBPUSD, “Great Britain Pound […]
EURUSD, “Euro vs US Dollar” EURUSD quotes rebounded from 8/8 on H4. The RSI has left the overbought area and broke the support line. In this situation, the quotes are expected to test the 6/8 (1.0681) level, break it and fall to the support at 4/8 (1.0620). The scenario can be cancelled by rising above […]
The BTC exchange rate climbed to 34,650 USD on Friday. Yesterday, investors attempted to develop a new wave of growth. Everything was going well, but the momentum quickly faded, and BTC returned to consolidation. Nevertheless, this is quite productive for the main cryptocurrency at present. Once news emerges about a spot bitcoin ETF, eagerly anticipated […]