Tag: Roboforex
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 […]
EURUSD, “Euro vs US Dollar” EURUSD found support at the 1.0600 level and continues developing a wave of growth to 1.0670. After the quotes reach this level, a link of decline to 1.0600 might follow (with a test from above). Next, a rise to 1.0706 is expected. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD […]
The British pound sterling against the US dollar is confidently rebounding after a series of prolonged declines. The current GBPUSD exchange rate stands at 1.2290. With investor confidence in taking risks gradually returning to the market, the GBP is moving away from its recent lows. It is worth remembering that that September marked the worst […]
EURUSD, “Euro vs US Dollar” EURUSD has made a rising movement to 1.0619. Today the market is forming a consolidation range under this level. With an escape from the range upwards, the potential for a wave of growth to 1.0672 could open, followed by a link of correction to 1.0595 (with a test from above). […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has broken the resistance line. In this situation, the price is expected to rise above the 7/8 (149.21) level, reaching 8/8 (150.00) later. The scenario can be cancelled by a downward […]