Tag: Roboforex
The Japanese yen, in the pair with the US dollar, took a pause in devaluation. The current USDJPY exchange rate stands at 146.45. The pressure from the US dollar has decreased temporarily, allowing the JPY to stabilise. Friday’s statistics from Japan were disappointing. Average wages in August only increased by 1.3% y/y compared to the […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which reveals a downtrend. A test of the lower boundary of the Cloud at 1.0765 is expected, followed by a decline to 1.0565. An additional signal confirming the decline could be a rebound […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are in the oversold area on H4. The RSI has broken the resistance line. In this situation, a breakout of 0/8 (1.0742) is to be expected, followed by a price rise to the resistance at 1/8 (1.0803). The scenario can be cancelled by a downward breakout of the […]
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 could be the resistance level of 1.0760. However, the price might drop to 1.0680 and continue the downtrend without any correction. […]
EURUSD, “Euro vs US Dollar” EURUSD continues developing a consolidation range around 1.0717. Today the market could extend the range to 1.0750. The correction might continue to 1.0790 (with a test from below). After it will be over, a new link of decline to 1.0680 is expected. This is a local target. After the price […]
The BTC exchange rate on Wednesday returned to 26,248 USD. Over the past day and a half, the market has corrected all the oversold conditions from the past week. On the one hand, this is not bad: quotes were quite low and seemed interesting for acquisitions. On the other hand, nothing has changed fundamentally in […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a declining movement to 1.0686. Today the market is correcting to 1.0728. When the correction is over, a drop to 1.0670 is expected. This is a local target. Next, a correction to 1.0900 might begin. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a wave […]
Brent Brent crude oil quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI have broken the support line. In this situation, a test of 4/8 (87.50) is expected, followed by a rebound from this level and a rise to the resistance at 6/8 (90.62). The scenario can […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hanging Man reversal pattern on H4. Currently, the instrument is going by the reversal signal in a descending wave. The correction target might be 1.3620. Next, the price could rebound from the support and continue the uptrend. However, the quotes might rise to 1.3700 without […]
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 implies a downtrend. A test of the lower boundary of the Cloud at 1.2515 is expected, followed by a drop to 1.2375. An additional signal confirming the decline could […]