Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has formed a Gravestone Doji reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target might be the support at 1.0775. However, the price could rise to 1.0850 and continue the downtrend after the correction. […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a new structure of correction to 1.0836. Today the market is developing a structure of decline to 1.0790. And with a downward breakout of this level the potential for a decline to 1.0740 could open, from where the trend could continue to 1.0700. This is a local […]
The Japanese yen paired with the US dollar has suspended the wave of devaluation. The current USDJPY exchange rate stands at 146.47. The US dollar’s strong position on the global stage, driven by the Federal Reserve’s inclination towards further interest rate increases, is exerting pressure on the JPY. In contrast to the Fed’s approach, the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the resistance level. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Kijun-Sen line at 1.2645 is expected, followed by a decline to 1.2460. An additional signal confirming the decline will be a rebound from the upper […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Harami reversal pattern on H4. Currently, the instrument could go by the reversal signal in a descending wave. The correction target might be 1.3550. Next, the price might rebound from the support level and continue the uptrend. However, the quotes could rise to 1.3660 without […]
EURUSD, “Euro vs US Dollar” EURUSD are approaching the oversold area. The RSI is testing the resistance line. In this situation, a test of 0/8 (1.0742) is expected, followed by a rebound from this level and a rise to the resistance at 2/8 (1.0864). The scenario can be cancelled by a downward breakout of the […]
The BTC exchange rate is stagnant on Monday, hovering around 26,020 USD. The weekly loss is estimated at 0.17%. Nothing has changed: the flagship cryptocurrency shows no movement compared to recent days. Market activity has markedly decreased. The support level remains at 25,250 USD, with the next one at 23,350 USD. The market lacks sufficient […]
EURUSD, “Euro vs US Dollar” EURUSD has secured above the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.0845 is expected, followed by a decline to 1.0650. An additional signal confirming the decline will be a rebound from […]
EURUSD, “Euro vs US Dollar” EURUSD has performed a wave of decline to 1.0765. Today the market is forming a structure of correction to 1.0815 (with a test from below). Next, a decline to 1.0740 is expected, from where the trend might continue to 1.0711. This is a local target. GBPUSD, “Great Britain Pound vs […]
The major currency pair is in a consolidation phase on Monday. The current EURUSD exchange rate stands at 1.0810. Last Friday, Jerome Powell, the Federal Reserve chair, delivered a speech at the Jackson Hole Economic Symposium in the US. The Fed’s stance came as no surprise. The regulator intends to continue raising interest rates if necessary. […]