Tag: Roboforex
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 […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on H4, indicating the prevalence of an uptrend. The RSI is approaching the support line. In this situation, a test of 5/8 (0.9094) is expected, followed by a rebound from it and a rise to the resistance at 7/8 (0.9216). The […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting after an attempt to break the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.0535 is expected, followed by a decline to 1.0345. An additional signal confirming the decline will be a rebound from […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern near the support area. Currently, the instrument is going by the reversal signal in an ascending wave. The pullback target could be 1837.50. Upon testing the resistance, the price might rebound from this level and form a descending wave. However, the quotes could […]
The Japanese yen stabilised against the US dollar. The current USDJPY exchange rate stands at 149.27. The JPY quotes increased in response to news about talks on interventions. Last autumn, Japanese authorities intervened in currency trades when the yen dropped to 145.90 per US dollar. This time, the dollar managed to reach 150.11 JPY, but […]