Tag: Roboforex
The British pound sterling, paired with the US dollar, has retreated. The current GBPUSD exchange rate stands at 1.2488. Statistics published yesterday revealed that the unemployment rate in the UK rose to 4.3% in July, in line with expectations. The previous month, the figure stood at 4.2%. Average wages in the country for the three […]
As of Wednesday, nothing has changed substantially in the cryptocurrency market. The BTC exchange rate remains near 25,871 USD. Market attention is still focused on information about the potential unlocking of FTX assets, worth no less than 3.4 billion USD. The company intends to sell the assets for 200 million USD weekly. From a fundamental […]
The major currency pair continues its consolidation on Wednesday. The current EURUSD exchange rate stands at 1.0747. There were no significant US statistics published earlier this week. The most interesting developments will begin today with the US Consumer Price Index report for August. According to forecasts, inflation may have increased to 3.6% y/y from 3.2% […]
EURUSD, “Euro vs US Dollar” EURUSD has performed a declining wave to 1.0704. At a certain moment, the market formed a consolidation range under this level. Escaping the range upwards, the pair completed a link of growth to 1.0764. A consolidation range might form under this level today. Exiting this one upwards, the pair could […]
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 quotes are expected to rise above 7/8 (148.43) and then reach the resistance level at 8/8 (150.00). The scenario can be cancelled […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the upper boundary of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower channel boundary at 1.0770 is expected, followed by a decline to 1.0605. An additional signal confirming the decline will be a rebound […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed an Inverted Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 1.3635. Next, the price could break the resistance and continue the uptrend. However, the quotes might correct to 1.3520 before rising. […]
The British pound, paired with the US dollar, is gearing up for a torrent of statistical information. The current GBPUSD exchange rate stands at 1.2511. The pound is hovering near its three-month lows, with investors eagerly anticipating a substantial volume of statistical data releases, including the monthly GDP report and employment market updates. At the […]
The Japanese yen, paired with the US dollar, still appears weak but is currently stabilising. The current exchange rate for USDJPY stands at 146.68. The basis for the recovery of JPY positions is the local weakening of the US dollar. Even if it is just a brief respite, it holds great value for the yen. […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Shooting Star reversal pattern near the resistance level. Currently, the instrument is going by the reversal signal in a descending wave. The correction target could be 1914.00. After testing the support level, the price might rebound and continue the uptrend. However, the quotes could rise to […]