Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.1001. The market has formed a consolidation range under this level and today is being pushed down to its lower border. With an escape from the range downwards, the potential for yet another wave of decline to 1.0570 could open. After the […]
EURUSD, “Euro vs US Dollar” EURUSD on H4 is above the 200-day Moving Average, indicating the prevalence of an uptrend. The RSI has broken the resistance line. In this situation, the price is expected to break the level of 3/8 (1.0925) and rise to the resistance level of 5/8 (1.1074). The scenario can be cancelled […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the resistance level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.2685 is expected, followed by a decline to 1.2440. An additional signal confirming the decline will be a rebound […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern near the support level. The instrument is now going by the reversal signal in a corrective wave. The growth target might be 1930.00. Upon testing the resistance, the price could rebound from it and continue the downtrend. However, the quotes could drop to […]
BTC reached 30,710 USD on Friday, marking a weekly growth of 2.35%. Improvement in the domestic news landscape and the reestablished correlation with the US stock market are working in favour of the flagship cryptocurrency. At the same time, it should be noted that the rally is not formed yet because buyers remain cautious. For […]
The major currency pair was compelled to retreat by Friday. The current EURUSD quote is 1.0870. The focus the day before was primarily on the final US GDP report for the first quarter of 2023, which exceeded expectations. The US economy expanded by 2.0% from January to March, surpassing the previous growth estimate of 1.3% […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0859. Today the market is forming a consolidation range above this level. The range might extend to 1.0899. Next, a decline to 1.0821 could follow, from where the decline could continue to 1.0744. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues […]
Brent Brent quotes on H4 are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a rebound from 4/8 (75.00) is expected, followed by a decline to the support at 2/8 (71.88). The scenario can be cancelled by rising above the resistance […]
EURUSD, “Euro vs US Dollar” EURUSD has left the borders of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0900 is expected, followed by a decline to 1.0660. An additional signal confirming the decline will be a rebound […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern next to the support level on H4. The instrument could now go by the reversal signal in an ascending wave. The growth target might be the resistance level at 1.0950. However, the quotes could correct to the 1.0825 level and continue the uptrend […]