Tag: Roboforex
The Japanese yen has taken a pause in the devaluation process against the US dollar. The current USDJPY quote is 143.47. The news flow is neutral, and market reactions are subdued. However, there is something worth paying attention to. Japan has reappointed Masato Kanda as vice finance minister for international affairs for another year. He […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern on H4 near the support level. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be the resistance level at 1.1000. However, the price could correct to 1.0855 and continue the uptrend after the test […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the signal lines of the indicator. The instrument is going inside the Ichimoku Cloud, which suggests sideways dynamics. A test of the lower border of the indicator at 1.2680 is expected, followed by a rise to 1.2970. A signal confirming the rise will be […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD has broken the 200-day Moving Average on H4 and is above the line now, revealing the probable development of an uptrend. The RSI is testing the resistance line. As a result, a test of 7/8 (0.6774) is expected, followed by a breakout and a rise to the resistance […]
The market’s most traded currency pair is rising on Tuesday. The current EURUSD quote is 1.0930. The macroeconomic calendar did not give the market any reasons for currency movements at the beginning of the week. The background was subdued, allowing investors a short pause. Things are about to change today. This morning has already given […]
The Australian dollar is consolidating after a crash against the US dollar. The current AUDUSD quote is 0.6685. After the decisive steps made by the RBA, investors are pausing to sort out their portfolios and calm down their nerves. All the important statistics have already been published, so it is time to account for it […]
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. […]