Tag: Roboforex
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 […]
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 […]
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 […]
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 […]
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 […]