Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has completed the first wave of decline to 1.1174. Today it might correct to 1.1232 with a test from below. After the correction is over, a new wave of decline to 1.1150 could start. This is a local target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed […]
The BTC exchange rate reached 30,082 USD on Wednesday. Last night, the flagship cryptocurrency experienced a remarkable decline and tested support at 29,800 USD. This is due, firstly, to the lack of new buying drivers. Secondly, the time factor is working against buyers: the longer the pause in purchases persists, the less positive momentum there […]
The major currency pair has moved lower and is consolidating. The current EURUSD quote is 1.1230. EURUSD simply got rid of some of its overbought status after renewing the yearly high of 1.1280. From a market perspective, this does not change much: the US dollar remains weak due to the anticipation of decisions by the […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range around 1.1242. Currently, the range has expanded upwards to 1.1275, and an impulse of decline to 1.1208 has formed. A link of growth to 1.1242 is expected today with a test from below. Next, a decline to 1.1200 might follow. And with […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are under the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is nearing the resistance line. In these circumstances, a test of 3/8 (139.84) is expected, followed by a rebound from this level and a decline to the support level of 1/8 […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after an aggressive rise. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.2945 is expected, followed by a rise to 1.3185. An additional signal confirming the rise will be a rebound […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Shooting Star reversal pattern near the resistance level. Currently, the instrument is going by the reversal signal in a corrective wave. The pullback target might be 1965.00. Upon testing the support level, the price could get a chance to rebound from it and continue the uptrend. […]
The Australian dollar stopped declining against the US dollar. The current AUDUSD quote is 0.6829. The minutes of the last meeting of the Reserve Bank of Australia did not provide any clues. The monetary policy is currently restrictive, and the Central Bank is ready to continue it for as long as it takes. The Reserve […]
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 […]
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 […]