Tag: Roboforex
The Japanese yen is hit by a new wave of devaluation against the US dollar. The current USDJPY quote is 140.05. Goldman Sachs investment bank revised its inflationary expectations for Japan, increasing them. They are now even higher than the forecast of the BoJ. In fact, a decrease in the CPI below 2% for the […]
The BTC price dropped to 25,977 USD on Wednesday. The flagship cryptocurrency remains as volatile as before. The weekly decline is estimated at 3.6%. A significant support level is at the 25,400 USD level. Below it, there is new support at 24,480 USD. BTC is being bought during the fall, but not very effectively. Seasonal […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, revealing the prevalence of an uptrend. The RSI is testing the support line. In this situation, the price is expected to rise above 7/8 (0.6774) and later reach the resistance level of 8/8 (0.6835). The scenario can be cancelled […]
The market’s most traded currency pair is full of expectations on Wednesday. The current EURUSD quote is 1.0780. The two-day meeting of the US Federal Reserve System will end tonight. Monetary policymakers are likely to decide to pause the series of interest rate increases for the first time in 15 months. At the same time, […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the Tenkan-Sen line of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0745 is expected, followed by a rise to 1.0905. An additional signal confirming the rise will be a rebound from the lower […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a wide consolidation range around 1.0770. At the moment, the market has extended it to 1.0820. Today the price has completed a declining impulse to 1.0777 and a correction of this impulse to 1.0808. The market is now forming a new structure of decline to […]
The British pound sterling has returned to growth against the US dollar. The current GBPUSD quote is 1.2560. The British statistical data published the day before came out mixed and highly interesting. The unemployment rate dropped to 3.8% in the three months ending in April against the 4.0% forecast. The growth rate of average earnings […]
The major currency pair strengthened on Tuesday. The current EURUSD quote is 1.0800. The focus is on the Central Bank meetings, as the announcement of their decisions can significantly impact currency volatility. The US Federal Reserve begins its two-day meeting today and is expected to announce the level of the interest rate on Wednesday. It […]
EURUSD, “Euro vs US Dollar” On H4, EURUSD quotes rose above 0/8 (1.0742) and escaped the oversold area. The RSI has rebounded from the support line. In these circumstances, an upward breakout of 1/8 (1.0803) is expected, followed by a rise to the resistance level of 2/8 (1.0864). The scenario can be cancelled by a […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range around 1.0760. Today it might extend upwards to 1.0795; next, a decline to 1.0740 could follow, from where the wave might continue to 1.0699. This is a local target. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has demonstrated an […]