Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, revealing a prevailing downtrend. The RSI has broken the support line. In this situation, the price is expected to test the 3/8 (0.6378) level, break it, and drop to the support at 2/8 (0.6286). The scenario can be cancelled […]
The Japanese yen paired with the US dollar is weakening again. The current USDJPY exchange rate stands at 150.11. The Bank of Japan left the interest rate unchanged at -0.10% per annum at today’s meeting, just as expected. At the same time, the central bank announced an increase in the flexibility of the yield curve […]
EURUSD, “Euro vs US Dollar” EURUSD found support at 1.0546 and completed a structure of growth to 1.0585. By now, a consolidation range has formed around this level. Breaking it upwards, the price achieved a local target of 1.0622. Today a link of correction to 1.0585 (a test from above) is expected, followed by another […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold 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 1.2170 is expected, followed by a decline to 1.1985. An additional signal confirming the […]
The primary currency pair experienced a minor rise on Tuesday. The current EURUSD exchange rate stands at 1.0591. The US dollar weakened against major currencies at the beginning of the week. Market participants are now primarily focused on the upcoming meeting of the US Federal Reserve System scheduled for Wednesday and the employment sector data […]
The BTC exchange rate on Monday is consolidating at 34,338 USD. The weekly rise is estimated at 12%. Following an impressive surge last week, the market has not seen any new drivers other than those that are already factored into the prices. Buyers are still hopeful that the US Securities and Exchange Commission (SEC) might […]
The Japanese yen paired with the US dollar has stabilised its position. The current USDJPY exchange rate stands at 149.56. Today marks the beginning of a two-day meeting of the Bank of Japan, scheduled to conclude on Tuesday with a decision on the interest rate. There is a high likelihood that the rate will remain […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud is expected at 1.0580, followed by a decline to 1.0440. An additional signal confirming the price drop could be a rebound from […]
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 2/8 (1.0559) mark is expected, followed by a decline to the support at 0/8 (1.0498). The scenario can […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer 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 at 1.0635. However, the price could correct to 1.0500 and continue the uptrend after the pullback to […]