Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave to 1.0555. A consolidation range could develop above this level today. A link of growth to 1.0612 (a test from below) is not excluded, followed by a decline to 1.0494, potentially extending to 1.0450. This is a local target. GBPUSD, “Great Britain Pound vs […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, indicating a prevailing uptrend. The RSI is approaching the overbought area. In these circumstances, the quotes are expected to test the 8/8 (150.00) level, rebound from it, and drop to the support at 7/8 (148.43). The scenario can be […]
The Japanese yen, paired with the US dollar, remains on a devaluation path. The current exchange rate for USDJPY is 149.03. A meeting between politicians and representatives of the Bank of Japan ended with somewhat vague remarks. The head of the regulator, Kazuo Ueda, emphasised the importance of monitoring any positive changes in the economic […]
The primary currency pair faced significant bearish pressure on Tuesday. The current EURUSD exchange rate stands at 1.0586. The yield on 10-year Treasury bonds increased by over 45 basis points the previous day, surpassing 4.5% for the first time since 2007. This surge provided substantial support to the US dollar. This shift can be attributed […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold below the support level. The instrument is going below the Ichimoku Cloud, which implies a downtrend. A test of the Tenkan-Sen line at 1.2225 is expected, followed by a decline to 1.2005. An additional signal confirming the decline could be a rebound from […]
The Japanese yen in pair with the US dollar continues to depreciate. The current USDJPY exchange rate stands at 148.84. Consequently, the yen is gradually but steadily approaching the 150.00 mark. This trend can be attributed to the steadfast commitment of the Japanese monetary authorities to maintain ultra-loose fiscal policies. Market participants view the 150.00 […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0575. Today a consolidation range could develop above this level. A link of growth to 1.0616 (a test from below) is not excluded, followed by a decline to 1.0556 with the trend potentially continuing to 1.0550. This is the first target. GBPUSD, […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating a prevailing downtrend. The RSI has broken the support line. In this situation, the price is expected to break the 2/8 (0.6408) level downwards and fall to the support at 0/8 (0.6347). The scenario can be cancelled by […]
The Japanese yen in the USDJPY pair remains at a ten-month low. The current USDJPY exchange rate stands at 148.40. The Friday meeting of the Bank of Japan concluded without surprises, with the interest rate remaining at -0.10% annually. The regulator’s comments provided clear indications of its readiness to alter the monetary policy structure. Meanwhile, […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on H4, indicating a prevailing downtrend. The RSI is testing the resistance line. In this situation, the price is expected to break the 2/8 (1.0682) level downwards and fall to the support at 1/8 (1.0559). The scenario can be cancelled by breaking […]