Tag: Roboforex

Jul 18
EURUSD is rising again. Overview for 18.07.2023

The major currency pair has not lost momentum by Tuesday and keeps ascending. The current EURUSD quote is 1.1250. The US dollar remains weak; the problem is in the expectations concerning the interest rate. In one way or another, market talks are mostly concentrated on the credit costs in the US and the Eurozone as […]

Jul 18
Technical Analysis & Forecast 18.07.2023

EURUSD, “Euro vs US Dollar” The currency pair has broken the high of the consolidation range and might extend it to 1.1288. After they reach this level, the quotes could drop to 1.1200. And if this level also breaks downwards, the potential for a wave of decline to 1.1000 could open. GBPUSD, “Great Britain Pound […]

Jul 18
Murrey Math Lines 18.07.2023 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI is testing the support line. In these circumstances, the price is expected to break the 8/8 (0.6835) level and continue growing to the resistance level of +2/8 (0.6658). The scenario can […]

Jul 18
Ichimoku Cloud Analysis 18.07.2023 (EURUSD, XAUUSD, USDCAD)

EURUSD, “Euro vs US Dollar” EURUSD is testing 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 1.1230 is expected, followed by a rise to 1.1345. An additional signal confirming the rise will be a rebound […]

Jul 18
Japanese Candlesticks Analysis 18.07.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” EURUSD has formed a Hanging Man reversal pattern near the resistance level on H4. Currently, the instrument could go by the reversal signal in a descending wave. The correction target could be the support level of 1.1200. However, the price might rise to 1.1320 and continue the uptrend without any […]

Jul 17
The cryptocurrency market digest (BTC). Overview for 17.07.2023

The BTC quotes on Monday are hovering near 30,313 USD. The market failed to continue skyrocketing though it still had all reasons to do so. Last week, the resounding victory of Ripple over the SEC in court provided the cryptocurrency sector with a mighty momentum. More than that, the crash of the USD also facilitated […]

Jul 17
AUD has started a correction. Overview for 17.07.2023

The Australian dollar is correcting against the US dollar after rising in July. The current AUDUSD quote is 0.6808. The Australian dollar earlier hit a new high on 16 June this year, following which the market moved towards a correction. Today’s statistics from China turned out to be mixed. The only report that exceeded the […]

Jul 17
Technical Analysis & Forecast 17.07.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of growth to 1.1244. Today the market is forming a consolidation range under this level. The range could later expand to 1.1278. Next, a decline to 1.1128 might follow, from where the wave of decline could continue to 1.1010. GBPUSD, “Great Britain Pound […]

Jul 17
Murrey Math Lines 17.07.2023 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD quotes have reached the overbought area on H4. The RSI has broken the support line. In this situation, a rebound from 8/8 (1.1230) is expected, followed by a drop to the support at 6/8 (1.1108). The scenario can be cancelled by rising above the resistance at +1/8 (1.1291). In […]

Jul 17
Ichimoku Cloud Analysis 17.07.2023 (GBPUSD, XAUUSD, NZDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting, forming a bullish Flag pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.3040 is expected, followed by a rise to 1.3305. An additional signal confirming the rise will be a rebound from the […]