Tag: Roboforex
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, indicating the prevalence of an uptrend. The RSI has rebounded from the support line. In this situation, the quotes are expected to rise above 3/8 (1.0925) and thus reach the resistance level of 4/8 (1.0986). The scenario can be cancelled […]
The BTC exchange rate is about 30,250 USD on Monday. Over the past 24 hours, the flagship cryptocurrency has been moderately declining. However, it has gained about 14.5% within a week. The last week was victorious for BTC as the leading cryptocurrency saw the most significant weekly result since March of this year. The weekly […]
EURUSD, “Euro vs US Dollar” EURUSD is forming a bullish Wedge pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 1.0840 is expected, followed by a rise to 1.1025. An additional signal confirming the rise will be a rebound from the […]
EURUSD, “Euro vs US Dollar” The currency pair has completed the first declining impulse to 1.0844. Today the market is forming a corrective structure to 1.0930. After the correction is over, a new impulse of decline to 1.0840 might start. And if this level also breaks, the potential for a decline to 1.0750 could open. […]
The BTC on Friday is balancing near 30,016 USD. The leading cryptocurrency has been correcting since yesterday after two days of impressive growth. The BTC gained more than 17% over two trading sessions. The crypto sector demonstrated a positive reaction to the compound of good news. After the market heard the news about the application […]
The Japanese yen has returned to the course of devaluation against the US dollar. The current USDJPY quote is 143.01. The yen reacts to macroeconomic reports selectively, but today is the case. The latest statistics showed that consumer prices in Japan increased faster than expected in May. At the same time, a tendency towards inflation […]
Brent Brent quotes are under the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI has broken the support line. In this situation, a breakout of 3/8 (73.44) is expected, followed by a decline to the support at 2/8 (71.88). The scenario can be cancelled by rising above the resistance at […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting in a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the support area at 1.2675 is expected, followed by a rise to 1.2945. An additional signal confirming the rise will be a rebound from the lower […]
EURUSD, “Euro vs US Dollar” The currency pair has broken the consolidation range upwards and completed a structure of growth to the 1.1010 level. Today the market is forming a pattern of a declining wave to 1.0925. After this level is reached, a link of growth to 1.0955 (test from below) is possible, followed by […]
The British pound sterling is saving strength for daily movements against the US dollar. The current GBPUSD quote is 1.2760. Today the key event is the meeting of the Bank of England. The interest rate is expected to rise by 25 basis points to 4.75% per annum. Furthermore, financial markets see the probability of an […]