Tag: Roboforex

Sep 27
The yen is in a freefall once again. Overview for 27.09.2023

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 […]

Sep 26
The euro is declining. Overview for 26.09.2023

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 […]

Sep 26
Ichimoku Cloud Analysis 26.09.2023 (GBPUSD, USDCAD, USDCHF)

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 […]

Sep 26
The yen hits an eleven-month low. Overview for 26.09.2023

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 […]

Sep 26
Technical Analysis & Forecast 26.09.2023

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, […]

Sep 26
Murrey Math Lines 26.09.2023 (AUDUSD, NZDUSD)

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 […]

Sep 26
The yen’s devaluation continues. Overview for 25.09.2023

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, […]

Sep 25
Murrey Math Lines 25.09.2023 (EURUSD, GBPUSD)

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 […]

Sep 25
The cryptocurrency market digest (BTC). Overview for 25.09.2023

BTC’s price has dropped to 26,181 USD. Previously, investors observed another exchange attempt to initiate a buying spree. Unfortunately, it concluded much like the previous attempts: BTC made some gains but could not maintain them at the levels reached, ultimately retracing to its initial position. From a fundamental perspective, there have been no groundbreaking developments […]

Sep 25
Ichimoku Cloud Analysis 25.09.2023 (EURUSD, XAUUSD, USDJPY)

EURUSD, “Euro vs US Dollar” EURUSD is testing 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 1.0680 is expected, followed by a decline to 1.0515. An additional signal confirming the decline could be a rebound […]