Tag: Roboforex
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 decline target could be the support level of 1.0480. However, the price might correct to 1.0610 and continue the downtrend upon testing […]
EURUSD, “Euro vs US Dollar” EURUSD has made a corrective movement to 1.0550. At the moment, the market is consolidating under this level. A declining movement to 1.0487 could follow today. Practically, a wide consolidation range has formed around this level. With an escape from the range downwards, an extension to 1.0421 is not excluded. […]
Brent Brent quotes have broken the 200-day Moving Average on H4 and currently rest below it, indicating probable development of a downtrend. However, the RSI is already in the oversold area. As a result, in this situation, a test of 1/8 (82.81) is expected, followed by a rebound from this level and a rise to […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured above the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.2175 is expected, followed by a decline to 1.1955. An additional signal confirming the decline will […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Harami reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 1.3790. Next, the price might break the resistance and continue the uptrend. However, the quotes could correct to 1.3680 before rising. AUDUSD, “Australian Dollar […]
The primary currency pair is maintaining its stability on Friday. The current EURUSD exchange rate stands at 1.0543. The market is holding its strength as it prepares for the release of substantial economic data from the US. The unemployment rate is expected to drop to 3.7% in September from the previous 3.8%, and non-farm payrolls […]
BTC is hovering around 27,390 USD on Friday. Yesterday, the cryptocurrency attempted to rise again, apparently with no noticeable success. Everything is going according to the usual scenario: investors start buying the cryptocurrency, raising the exchange rate above 28,000 USD, but fail to secure above the resistance level of 28,500 USD. And this is a […]
The primary currency pair remains inclined towards a rebound on Thursday. The current EURUSD exchange rate is 1.0522. The yield on US Treasury bonds decreased yesterday, as did crude oil prices. Capital markets seem to have taken a pause to assess the stability of the current trends. The US statistics released yesterday did little to […]
The Japanese yen paired with the US dollar has finally received aid from the Japanese government and central bank. The current USDJPY exchange rate stands at 148.55. News appeared yesterday confirming yen interventions in Japan. However, no official statement has been released on this matter as of yet. The latest documents from the Bank of […]
EURUSD, “Euro vs US Dollar” EURUSD has made a corrective movement to 1.0530. At the moment, the market is forming a consolidation range under this level. An extension to 1.0535 is not excluded today. After the price reaches this level, a new declining wave to 1.0482 is expected. Breaking this level, the price might drop […]