Tag: Roboforex
The Japanese yen paired with the US dollar is retreating again. The current USDJPY exchange rate stands at 147.14. The yen is once again hovering near ten-month lows as investors re-evaluate the BoJ’s monetary policy outlook following comments made by the central bank’s governor. Earlier, Kazuo Ueda mentioned that the central bank might end its […]
The major currency pair remains in a consolidation phase on Thursday. The current EURUSD exchange rate stands at 1.0745. Yesterday, the US released the long-awaited CPI figures for August. Inflation increased by 0.6% on a monthly basis, in line with expectations. This marks the highest monthly increase since June 2022. Annual inflation reached 3.7 per […]
EURUSD, “Euro vs US Dollar” EURUSD continues developing a correction to 1.0777. After the quotes reach this level, they could drop to 1.0676. This is a local target. After the price hits it, a new wave of growth to 1.0900 could begin. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a wave of […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on H4, indicating the prevalence of an uptrend. The RSI is testing the support line. In this situation, further growth to the nearest resistance level of 7/8 (0.8972) is expected. The scenario can be cancelled by a downward breakout of the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD 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 1.2505 is expected, followed by a decline to 1.2305. An additional signal confirming the decline will […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern near the support level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The pullback target might be the resistance level of 1.0780. However, the price could drop to 1.0680 and continue the downtrend without testing the […]
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 […]