Tag: Roboforex
The Japanese yen has paused its devaluation against the US dollar. The current USDJPY quote is 144.59. On one hand, JPY is performing a technical pullback following its recent significant weakening. On the other hand, the reduced risk appetite in the currency market has led to increased demand for safe-haven assets. While the yen has […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0895 is expected, followed by a decline to 1.0725. An additional signal confirming the decline will be a rebound from the […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Sandwich reversal pattern near the support level. At this stage, the instrument could go by the reversal signal in a corrective wave. The growth target might be 1930.00. Upon testing the resistance, the price could rebound from this level and continue the downtrend. However, the quotes […]
The major currency pair is slightly retreating on Wednesday on low volatility and anticipation of the Fed minutes. The current EURUSD quote is 1.0880. The past two days have been quiet and calm for the currency section: Monday was a shortened business day in the US, and Tuesday was a public holiday due to Independence […]
The Australian dollar, paired with the US dollar, has been slipping down consistently on Wednesday. The current AUDUSD quote is 0.6684. The previous trading session proved to be quite volatile for the Australian dollar due to the Reserve Bank of Australia’s decision to keep the interest rate unchanged at 4.10% per annum. However, by the […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, indicating a prevailing uptrend. The RSI has rebounded from the support line. In these circumstances, the price is expected to break the level of 5/8 (145.31) and rise to the resistance at 6/8 (146.87). The scenario can be cancelled […]
The BTC price rose to 30,831 USD by Wednesday. The flagship cryptocurrency is currently fully implementing the previously outlined trend with consolidation above 31,150 USD and a further climb to 33,000 USD. The bullish scenario is supported by a new application for licensing submitted by the BlackRock fund to the SEC. The fund attempts to […]
EURUSD, “Euro vs US Dollar” EURUSD has formed an Engulfing reversal pattern by the support level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 1.0945. However, the price might correct to 1.0845 and continue the uptrend after the test of the support. USDJPY, […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD has secured above the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.6155 is expected, followed by a rise to 0.6285. An additional signal confirming the rise will be a rebound […]
The Japanese yen, paired with the US dollar, has paused its devaluation. The current USDJPY quote is 144.59. For four days in a row, there has been no change for the yen, with the devaluation scenario remaining dominant, while there are no reasons for a correction. The statistics released yesterday showed that the Tankan non-manufacturing […]