Tag: Roboforex
The BTC exchange rate rose to 26,648 USD. The daily increase is 1.6%. This is positive news. Apparently, investors have perceived external conditions as neutral, and find current price levels attractive for acquisitions. Nonetheless, there is no indication of large-scale purchases at this stage. Support for BTC is at 25,150 USD, while the resistance level […]
The main currency pair is holding a weak position on Friday. The current EURUSD exchange rate stands at 1.0649. The major currency pair experienced strong pressure yesterday. The European Central Bank held its meeting and raised the interest rate by 25 basis points to 4.5% per annum. The euro would have survived this decision quite […]
EURUSD, “Euro vs US Dollar” EURUSD completed correction and went on developing its wave of decline. By now, it has performed a link of decline to 1.0633. Today the market is forming a consolidation range above this level. The range is expected to extend to 1.0655 (with a test from below). Next, a decline to […]
Brent Brent crude oil quotes and the RSI on H4 are in their respective overbought areas. In this situation, a downward breakout of 8/8 (93.75) is expected, followed by a decline to the support at 6/8 (90.62). The scenario can be cancelled by an upward breakout of +1/8 (95.31). In this case, the quotes could […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting after a strong decline. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Kijun-Sen line at 1.0680 is expected, followed by a decline to 1.0565. An additional signal confirming the decline will be a rebound from the upper boundary […]
XAUUSD, “Gold vs US Dollar” Gold has formed an Inverted Hammer reversal pattern near the support level. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 1930.00. Upon testing the resistance, the price could break it and continue the uptrend. However, the quotes might pull back […]
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 […]