Tag: Roboforex
The primary currency pair is experiencing pressure on Thursday. The current EURUSD exchange rate stands at 1.0632. The US Federal Reserve decided to maintain the interest rate unchanged at its September meeting, keeping it within the target range of 5.25-5.50% per annum. In the Fed’s remarks, it was noted that the decision was unanimous while […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.0665 is expected, followed by a decline to 1.0505. An additional signal confirming the decline will be a rebound from the lower boundary of […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed an Engulfing reversal pattern on H4. Currently, the instrument is going by the reversal pattern in an ascending wave. The growth target could be 1.3585. Next, the price might break the resistance level and continue the uptrend. However, the quotes could correct to 1.3460 before rising. […]
The British pound sterling, paired with the US dollar, continues to weaken. The current GBPUSD exchange rate stands at 1.2316. The pound has found itself under pressure as the US dollar strengthens its position. But there is more stress looming ahead. The Bank of England meeting will take place today, and the market has become […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI is approaching the resistance line. In this situation, a test of 4/8 (0.9033) is expected, followed by a breakout of the level and a rise to the resistance at 5/8 (0.9094). […]
The BTC exchange rate surged to 27,104 USD on Wednesday. Bitcoin is back in the game. On Monday, the market began aggressive buying, which came to a sudden halt on Tuesday, just as abruptly as it started. Nevertheless, during this time, BTC managed to achieve a three-week high. Since September 12, the market capitalisation of […]
The major currency pair is as motionless on Wednesday as it was on Tuesday. The current EURUSD exchange rate stands at 1.0684. Today is the most crucial day of the month as it marks the conclusion of the US Federal Reserve’s two-day meeting. In the evening, the Fed will announce its decision regarding the interest […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.0716. Today the market is forming a wave of decline to 1.0660. After the price reaches this level, a link of correction to 1.0690 could follow. Next, a decline to 1.0635 might develop, from where the trend could continue to 1.0606. GBPUSD, […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are in the overbought area on H4. The RSI has broken the support line. In this situation, a downward rebound from +1/8 (147.81) is expected, followed by a decline to the support at 8/8 (146.87). The scenario can be cancelled by rising above the resistance at +2/8 […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured under the lower boundary of the descending channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.2365 is expected, followed by a decline to 1.2255. An additional signal confirming the decline will be a […]