Tag: Roboforex
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are under the 200-day Moving Average on H4, which indicates the prevalence of a downtrend. The RSI has rebounded from the resistance line. In this situation, a downward breakout of 2/8 (0.8911) is expected, followed by a decline to the support at 1/8 (0.8850). The scenario can […]
The market’s most traded currency pair has increased noticeably overnight. The current EURUSD quote is 1.0980. The US dollar dropped after the speech delivered by the chairman of the Federal Reserve System Jerome Powell. Speaking before policymakers at Capitol Hill, Powell stuck to his previous viewpoint concerning the interest rate and did not exclude that […]
EURUSD, “Euro vs US Dollar” EURUSD is rising by the bullish Flag pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. The Tenkan-Sen line is expected to be tested at 1.0945, followed by a rise to 1.1065. An additional signal confirming the rise will be a rebound from the lower border […]
EURUSD, “Euro vs US Dollar” The currency pair has escaped a consolidation range upwards, completing a structure of growth to 1.0994. A link of corrective decline to 1.0950 is not excluded today, followed by a rise to 1.1000. After the price reaches this level, a wave of decline to 1.0890 might start. GBPUSD, “Great Britain […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, which indicates the prevalence of an uptrend. The RSI has rebounded from the support line. In this situation, the price is expected to rise above 7/8 (142.18), from where it could climb to the resistance at 8/8 (143.75). The […]
The major currency pair continues its consolidation phase. The current EURUSD quote is 1.910. The macroeconomic calendar lacks any significant announcements, allowing the market to focus on more global issues. For example, investor speculations about the future of the US interest rate are still in the spotlight. There is a probability that the Federal Reserve […]
The British pound sterling is seeking reasons to increase against the US dollar. The current GBPUSD quote is 1.2765. Today’s statistics on British inflation have provided informative insights. Prices in the country have remained higher than expected for four months in a row. This could be a basis for a new interest rate hike. In […]
EURUSD, “Euro vs US Dollar” The currency pair is forming a structure of a declining wave to 1.0880. After it reaches the level, a correction to 1.0915 might follow (a test from below). Next, a decline to 1.0820 is expected. This is a local target. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]
The BTC on Wednesday rose to 28,872 USD. The correlation between the BTC and the Nasdaq and S&P 500 indices remains disrupted. This is due to a significant influx of internal news within the cryptocurrency sector. An important resistance level of 28,300 USD was broken overnight, which is a positive signal. The market reacted positively […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2675 is expected, followed by a rise to 1.3025. An additional signal confirming the rise will be a rebound from […]