Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has completed another structure of decline to 1.1059. Today the market is forming a consolidation range above this level. The price is expected to exit downwards and continue this wave to the level of 1.1024. This is a local target. After the price reaches this level, a correction to […]
XAUUSD, “Gold vs US Dollar” Gold is correcting within a bullish channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the Tenkan-Sen line at 1960 is expected, followed by a rise to 2005. An additional signal confirming the rise will be a rebound from the lower boundary of […]
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 correction target might be 1.3200. Next, the price might rebound from the resistance and continue the downtrend. However, the quotes could drop to 1.3120 without pulling […]
The price of BTC dropped even further on Monday, reaching 29,783 USD. The flagship cryptocurrency appears to be in a weak position for two main reasons. Firstly, there has not been any significant impulse on the platform to enable investors to take advantage of seasonal factors. The seasonal driver has lost its power, and a […]
The major currency pair is gearing up for a week filled with significant events. The current EURUSD quote is 1.1120. A period of heightened emotions awaits the currency market. The meeting of the US Federal Reserve System is set to conclude on Wednesday, followed by the European Central Bank’s meeting on Thursday. Both regulators are […]
EURUSD, “Euro vs US Dollar” EURUSD has performed the second declining impulse to 1.1107. Today the market is forming a consolidation range above this level. An escape from the range downwards and an extension of this wave to 1.1025 are expected. This is a local target. After the price reaches this level, a correction to […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI is approaching the oversold area. In this situation, a rebound from 6/8 (1.1108) is expected, followed by a rise to the resistance level of 8/8 (1.1230). The scenario can be cancelled by […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the Tenkan-Sen line. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the lower boundary of the Cloud at 1.1085 is expected, followed by a rise to 1.1335. An additional signal confirming the rise will be a rebound from the […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern near the support level. Currently, the instrument could go by the reversal signal in an ascending wave. The growth target might be 1985.50. Upon testing the resistance, the price might break it and continue the uptrend. However, the quotes could pull back to […]
The price of BTC dropped to 29,846 USD on Friday. The price of the flagship cryptocurrency is marginally above the 29,800 USD support. The next support is at the 29,500 USD level. If buyers are fighting for bullish momentum, they are doing so without the previous enthusiasm. The relative weakness of the US dollar and […]