Tag: Roboforex
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI is approaching the resistance line. In this situation, a test of 4/8 (0.9033) is expected, followed by a breakout of the level and a rise to the resistance at 5/8 (0.9094). […]
The BTC exchange rate surged to 27,104 USD on Wednesday. Bitcoin is back in the game. On Monday, the market began aggressive buying, which came to a sudden halt on Tuesday, just as abruptly as it started. Nevertheless, during this time, BTC managed to achieve a three-week high. Since September 12, the market capitalisation of […]
The major currency pair is as motionless on Wednesday as it was on Tuesday. The current EURUSD exchange rate stands at 1.0684. Today is the most crucial day of the month as it marks the conclusion of the US Federal Reserve’s two-day meeting. In the evening, the Fed will announce its decision regarding the interest […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.0716. Today the market is forming a wave of decline to 1.0660. After the price reaches this level, a link of correction to 1.0690 could follow. Next, a decline to 1.0635 might develop, from where the trend could continue to 1.0606. GBPUSD, […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are in the overbought area on H4. The RSI has broken the support line. In this situation, a downward rebound from +1/8 (147.81) is expected, followed by a decline to the support at 8/8 (146.87). The scenario can be cancelled by rising above the resistance at +2/8 […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured under the lower boundary of the descending channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.2365 is expected, followed by a decline to 1.2255. An additional signal confirming the decline will be a […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Shooting Star reversal pattern near the support level. Currently, the instrument is going by the reversal signal in a descending wave. The pullback target could be 1923.00. Upon testing the support, the price might rebound from the level and continue the uptrend. However, the quotes could […]
The Japanese yen in pair with the US dollar remains in a weak position. The current USDJPY exchange rate stands at 147.82. Much of the market’s attention is riveted on the potential interventions by the Bank of Japan and the government. Yesterday, one of the monetary policymakers, Takehiko Nakao, acknowledged the necessity for regulatory intervention. […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.0697. At the moment, the market is consolidating under this level. The consolidation range might extend to 1.0700. Next, a decline to 1.0655 could happen. And a breakout of this level could open the potential for a wave to 1.0608. After the […]
The major currency pair appears stable on Tuesday. The current EURUSD exchange rate stands at 1.0680. All the time that has passed since the meeting of the European Central Bank, the euro exchange rate has been trying to recover but has so far failed to do so. In fact, the euro has been maintaining a […]