Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has secured under the lower boundary of the bullish channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper boundary of the Cloud at 1.0850 is expected, followed by a decline to 1.0680. A signal confirming the decline will be a […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Shooting Star reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target could be the support level at 1.0780. However, the price could correct to 1.0850 and continue the downtrend after the […]
The Australian dollar has stabilised against the US dollar. August is closing with a 3% pullback The current AUDUSD exchange rate stands at 0.6479. The weakening of the US dollar has worked in favour of the Aussie. Recent economic data from the US has strengthened investor confidence that the Fed is unlikely to continue with […]
The major currency pair strengthened on Thursday. The current EURUSD exchange rate stands at 1.0920. The statistics published yesterday in the US were pessimistic, illustrating economic sentiment at times of high interest rates. The market interpreted the data as a signal of the Federal Reserve potentially reconsidering raising the interest rate. In general, everything is […]
EURUSD, “Euro vs US Dollar” EURUSD has corrected to 1.0943. Today the market is forming a consolidation range under this level. An escape from the range downwards might lead to a link of decline to 1.0860. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a wave of correction to 1.2744. Today a consolidation […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF have broken the 200-day Moving Average on H4 and are now below it, revealing a possible development of a downtrend. The RSI is testing the resistance line. In this situation, a rebound from 8/8 (0.8789) is expected, followed by a decline to the support level of 7/8 (0.8728). […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.2655 is expected, followed by a rise to 1.2885. An additional signal confirming the rise […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target might be 1.3620. Next, the price could break the resistance and continue the uptrend. However, the quotes could correct to 1.3500 before rising. AUDUSD, […]
The major currency pair shows stability on Wednesday. The current EURUSD exchange rate stands at 1.0867. Yesterday’s release of the US Consumer Confidence Index (CCI) for August by the Conference Board was disappointing. The index dropped to 106.10 points from the previous 117.00 points. The forecast had implied a decrease to only 116.00 points. These […]
The BTC exchange rate climbed to 27,434 USD on Wednesday. The daily gain was 5.26%. The cryptocurrency’s value started appreciating last night after the market heard about Grayscale’s victory in court. The judicial authorities ruled in favour of Grayscale in the company’s case against the US Securities and Exchange Commission (SEC). The lawsuit was filed […]