Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes on H4 have broken the 200-day Moving Average and are now above it, indicating the possible development of an uptrend. The RSI is approaching the resistance line. In this situation, a test of 6/8 (0.6713) is expected, followed by a breakout and a price rise to the […]
The Japanese yen has cancelled devaluation against the US dollar and is strengthening. The current USDJPY quote is 140.69. In a way, the yen is in demand as a safe-haven asset, while the investment world is doubting the stability of the US dollar. However, the fact that the USDJPY pair used to be overbought probably […]
The most traded currency pair remains in positive territory on Monday. The current quote in EURUSD is 1.0960. Friday’s block of US employment market statistics left the US dollar without support. Investors were confused: it was expected that strong figures in the labour sector would give the Federal Reserve another strong argument in favour of […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are above the 200-day Moving Average on H4, revealing a prevailing uptrend. The RSI is testing the support line. In this situation, the quotes are expected to rise above 4/8 (1.0986) and proceed to the resistance level of 5/8 (1.1074). The scenario can be cancelled by a downward […]
The BTC on Monday is hovering around USD 30,193. The flagship cryptocurrency suffered a weekly loss of 1.9%. This is not the first time that market participants are showing hesitation in making decisions and losing valuable time that could have been used for purchases. There is currently no support from the US stock market, but […]
EURUSD, “Euro vs US Dollar” EURUSD has secured above the upper border of the Wedge reversal pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0905 is expected, followed by a rise to 1.1090. An additional signal confirming the rise will […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The correction target could be the support level of 1.0920. However, the price might rise to 1.1015 and continue the uptrend without testing the […]
The market’s most traded currency pair is in consolidation on Friday. The current EURUSD quote is 1.0890. The US dollar strengthened rapidly yesterday after the US employment statistics were published, but investors found the strength to stabilise the situation. Data on the number of open jobs in the labour market, excluding agriculture, showed a decline […]
Brent Brent quotes have broken the 200-day Moving Average on H4 and are now above it, indicating a probable development of an uptrend. The RSI has rebounded from the support line. In this situation, further growth to the resistance level of 6/8 (78.12) is to be expected. The scenario can be cancelled by a downward […]
The BTC dropped to 3,0119 USD by Friday. Investor activity decreased after the BTC breached the 31,000 USD mark. However, there are still reasons for the cryptocurrency to continue rising. Once the market secures above 31,150 USD, it is expected to head towards 33,000-34,000 USD. According to the latest news, the BlackRock fund has initiated […]