Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has performed a growth movement to 1.0545. Today the market is forming a consolidation range above this level. Escaping the range downwards, the potential for a wave to 1.0477 could open. With an escape upwards, a link of correction to 1.0600 will not be excluded (with a test from […]
EURUSD, “Euro vs US Dollar” EURUSD has secured above the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0625 is expected, followed by a decline to 1.0435. An additional signal confirming the decline will be a […]
The British pound sterling, paired with the US dollar, continues to decline. The current GBPUSD exchange rate stands at 1.2140. Today’s pound levels represent new six-month lows. Investors believe that the Bank of England has concluded its aggressive cycle of monetary policy and is not expected to raise interest rates in the near future. This […]
The major currency pair has slipped even lower by Thursday. The current EURUSD exchange rate stands at 1.0495. This places the US dollar at a ten-month high. The primary reason behind this trend is the strong market belief in the Federal Reserve’s prolonged period of elevated interest rates. In this context, the yield on the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.2145 is expected, followed by a decline to 1.2015. An additional signal confirming the decline will be a rebound […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave, reaching 1.0487. Today the market is forming a consolidation range above this level. A downward breakout will open the potential for a movement to 1.0434. An upward breakout could lead to a corrective link to 1.0545 (a test from below), followed by a decline […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on H4, indicating a prevailing uptrend. The RSI has reached the oversold area. In this situation, the price is expected to test the 8/8 (0.9277) level, rebound from it, and drop to the support at 6/8 (0.9155). The scenario can be […]
The BTC rate on Wednesday is hovering around 26,240 USD. When considering both technical signals and fundamental factors, there have been no changes for BTC since Monday. The flagship cryptocurrency appears completely neutral. Earlier expectations had hinted at a shift in the seasonal cycle around 20 September, which could have boosted buyer confidence. However, so […]
The Australian dollar, paired with the US dollar, is weakening again. The current exchange rate for AUDUSD stands at 0.6379. The primary driver influencing the Australian exchange rate is the behaviour of the US Dollar. However, interestingly, there is a factor that could potentially help stabilise the AUD: inflation data. The consumer price index in […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0585 is expected, followed by a decline to 1.0485. An additional signal confirming the decline will be a rebound from the […]