Tag: Roboforex
Brent Brent quotes are below the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI has rebounded from the resistance line. In this situation, the price is expected to rebound from 3/8 (85.94) and drop to the support of 1/8 (82.81). The scenario can be cancelled by rising above the 3/8 […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY has secured above the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 149.35 is expected, followed by a rise to 151.25. An additional signal confirming the rise will be a rebound […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Doji reversal pattern. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target could be 1900.00. Upon testing the resistance, the quotes might break it and continue developing the ascending wave. However, the quotes could drop to 1860.00 before rising. […]
The Japanese yen paired with the US dollar is steadily weakening. The current USDJPY exchange rate stands at 149.71. The US dollar is once again approaching the crucial psychological threshold for the market at the level of 150 yen, driven by yesterday’s release of US inflation statistics. The gap between Japanese and US government bond […]
BTC is decreasing to 26,800 USD on Friday. Another attempt to recover has failed. The cryptocurrency market is not responding to news related to the US stock market, whether positive or negative. The correlation between the cryptocurrency market and the US stock market appears to have disappeared completely. This poses a challenge for digital assets […]
The primary currency pair on Thursday is poised for a cautious rise. The current EURUSD exchange rate stands at 1.0630. The US Producer Price Index statistics released yesterday indicate a gradual deceleration in inflation in September. This has once again prompted investors to speculate about whether the Federal Reserve has concluded its aggressive cycle of […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes have broken the 200-day Moving Average on H4 and currently found themselves below the line, indicating probable development of a downtrend. However, the RSI has reached the oversold area. As a result, in this situation, a test of 3/8 (0.8977) could be expected, followed by a rebound […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured above the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2275 is expected, followed by a rise to 1.2505. An additional signal confirming the rise will be a rebound from the lower […]
The Japanese yen is once again depreciating against the US dollar. The current USDJPY exchange rate stands at 149.14. The market has not received any confirmation of interventions by the Bank of Japan. USDJPY quotes are gradually returning to the levels before the emotional turmoil. Meanwhile, the international backdrop is becoming more stable. The yield […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Shooting Star reversal pattern near the resistance level on H4. Currently, the instrument could go by the reversal signal in a descending wave. The decline target could be the support at 1.0570. However, the price might correct to 1.0680 and extend the downtrend after a test […]