Tag: Roboforex
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 […]
EURUSD, “Euro vs US Dollar” EURUSD has performed a declining movement to 1.0701. Today the market is forming a consolidation range above this level. With an escape from the range upwards, a link of growth to 1.0755 (with a test from below) is not excluded, followed by a decline to 1.0630, from where the trend […]
The Japanese yen, paired with the US dollar, remains weak. The current USDJPY exchange rate stands at 147.52. From January this year until now, the yen has depreciated by more than 12%. The US Dollar easily gains ground against the JPY without encountering resistance. When might the yen have a chance for recovery? This depends […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting within a Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0725 is expected, followed by a decline to 1.0605. An additional signal confirming the decline will be a rebound from the […]
XAUUSD, “Gold vs US Dollar” Gold has formed an Engulfing reversal pattern near the support level. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target might be 1930.00. Upon testing the resistance level, the price could break it and continue the uptrend. However, the quotes might pull back […]