Tag: Roboforex
The BTC exchange rate retreated to 26,045 USD on Friday. Yesterday, the cryptocurrency market attempted some buying activity but failed. The support level for the flagship cryptocurrency stands at 25,150 USD, with a lower level at 23,350 USD. It is pointless to speculate on potential growth at the moment, as there are practically no buyers […]
EURUSD, “Euro vs US Dollar” EURUSD has formed an Engulfing reversal pattern near the support level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The correction target could be the resistance level at 1.0915. However, the price could drop to 1.0815 and continue its downward movement without pulling […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.0880 is expected, followed by a decline to 1.0665. An additional signal confirming the decline will be a rebound from […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0818. Today the market is correcting this wave of decline. A link of growth to 1.0885 is not excluded, followed by a decline to 1.0795, from where the trend might continue to 1.0750. This is a local target. GBPUSD, “Great Britain Pound […]
The major currency pair’s position is unchanged on Thursday. The current EURUSD exchange rate stands at 1.0870. US statistics are mixed. For example, while the forecast was more optimistic, the preliminary services PMI from Markit showed a decline to 51.00 points in August against 52.30 points earlier. The manufacturing PMI, in turn, dropped to 47.00 […]
The British pound sterling paired with the US dollar initially declined on Thursday morning but stabilised later. The current GBPUSD exchange rate stands at 1.2717. The morning stress could be attributed to the execution of certain trading signals. Interestingly, this is the third time in the past couple of weeks that the pound slid down […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD is pushing off the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.3515 is expected, followed by a rise to 1.3685. An additional signal confirming the rise will be […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed an Engulfing reversal pattern on H4. Currently, the instrument could go by the reversal signal in a descending wave. The correction target might be 1.3505. Next, the price could rebound from the support and continue the uptrend. However, the quotes might rise to 1.3610 without any […]
The BTC exchange rate looks weak on Wednesday, hovering around 26,015 USD. The cryptocurrency sector has suffered noticeably after the crash triggered by the Bitcoin Magazine publication. The BTC decline also pulled down key altcoins. Currently, the sector is still impacted by the bearish seasonal factor, and its transition to a bullish trend in early […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0833. Today the market is correcting this wave of decline. The correction target might be 1.0874 (with a test from below). After the correction will be over, a new wave of decline to 1.0816 could start. Next, a link of growth to […]