Tag: Roboforex
The primary currency pair surpassed yesterday’s levels on Wednesday, but uncertainties loom regarding future developments. The current EURUSD exchange rate stands at 1.0576. The US released two significant reports yesterday. The first report concerned retail sales, which increased by 0.7% m/m in September, exceeding the forecast (+0.2%) and even surpassing the August figure (+0.6%). The […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target might be the support level at 1.0465. However, the price could correct to 1.0580 and continue the downtrend after the correction […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a downward breakout of 4/8 (0.6347) is expected, from where the price might drop to the support at 2/8 (0.6286). The scenario can […]
The Japanese yen paired with the US dollar is currently undergoing a phase of consolidation near the psychologically significant level. The current USDJPY exchange rate stands at 149.55. Investors continue to monitor the developments in USDJPY with considerable anxiety. The pair is still very close to the 150.00 yen level, around which interventions to bolster […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction wave to 1.0562. Today the market continues developing a declining wave to 1.0502. Breaking this level downwards, the potential for a wave down to 1.0444 could open. After the price reaches this level, a correction to 1.0502 (with a test from below) looks possible. GBPUSD, […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has rebounded from the upper boundary of the Cloud. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper boundary of the Cloud at 1.2255 is expected, followed by a decline to 1.1995. A signal confirming the decline will be […]
The main currency pair is in a consolidation phase on Tuesday. The current EURUSD exchange rate stands at 1.0550. The beginning of the week was quiet, bringing neither news nor statistics. Nevertheless, the US dollar has retreated while the capital markets have shown interest in risk. Today could bring considerable changes. The macroeconomic calendar will […]
The Japanese yen paired with the US dollar remains stable at the beginning of the week. The current USDJPY exchange rate stands at 149.43. USDJPY recently came close to the 150.00 level, a point where interventions could have taken place. The market is currently speculating that the yen might strengthen if the Federal Reserve ceases […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on H4, which indicates the prevalence of a downtrend. The RSI has broken the support line. In this situation, a downward breakout of 6/8 (1.0498) is expected, followed by a decline to the support level of 5/8 (1.0376). The scenario can be […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Harami reversal pattern on H4. Currently, the instrument is going by the reversal signal in a descending wave. The correction target could be 1.3590. Next, the price could rebound from the support and extend the uptrend. However, the quotes might rise to 1.3740 without testing […]