Tag: Roboforex
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern near the support level. Currently, the instrument might go by the reversal signal in an ascending wave. The growth target could be 1905.00. Upon testing the resistance, the price might rebound from it and continue the downtrend. However, the quotes could drop to […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes have broken the 200-day Moving Average on H4 and now stand above it, revealing the probable development of an uptrend. The RSI has rebounded from the support line. In this situation, a test of 5/8 (0.8850) is expected, followed by a breakout and a price rise to […]
EURUSD, “Euro vs US Dollar” EURUSD has broken the 1.0890 mark downwards, opening the potential for a decline to 1.0850 is open. After the price reaches this level, a correction to 1.0892 is not excluded (with a test from below). Next, a decline to 1.0833 could follow, from where the trend could continue to 1.0750. […]
The major currency pair experienced a noticeable retreat on Thursday. The current EURUSD exchange rate stands at 1.0866. These existing levels mark the lowest point in six weeks. The US dollar has valid reasons for strengthening: in the minutes of its latest meeting, published the day before, the Federal Reserve acknowledged the possibility of further […]
The Australian dollar, paired with the US dollar, is plunging rapidly. The current AUDUSD exchange rate stands at 0.6393. Pressure on the AUD stems from multiple factors. Firstly, the strength of the US dollar is driving other currencies to decline. Secondly, internal indicators have raised concern among investors. Australia’s unemployment rate surged to a three-month […]
BRENT Crude oil price has left the boundaries of a bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 84.75 is expected, followed by a decline to 79.40. An additional signal confirming the decline will be a rebound from the upper boundary of […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, which indicates the prevalence of an uptrend. However, the RSI is in the overbought area, which could be a sign of a probable correction. In this situation, a downward breakout of 5/8 (145.31) is expected, followed by a decline […]
The major currency pair maintains relative stability on Wednesday. The current EURUSD exchange rate stands at 1.0910. Retail sales volume in the US in July increased by 0.7% month-on-month. The data exceeded expectations: forecasts suggested a 0.4% increase contrasting with the 0.2% upturn seen the previous month. On an annual basis, the index rose by […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern near the support level on H4. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target might be the resistance at 1.0965. However, the price might drop to 1.0860 and continue the downtrend without any pullback. USDJPY, […]
The BTC exchange rate dropped to 29,190 USD on Wednesday. The risks of the price testing the local low near 28,585 USD are still relevant. Critical support levels remain at 28,600 USD and 28,350 USD, with resistance at the 30,300 USD mark. The stability of the flagship cryptocurrency is crucial for a few more weeks […]