Tag: Roboforex
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2475 is expected, followed by a rise to 1.2685. An additional signal confirming the rise will be a rebound […]
The main currency pair rose by the end of the week. The current EURUSD quote is 1.0780. One of the reasons for this rise was the previously released weekly data on the number of claims for unemployment benefits in the US. The figure increased to 261,000 against the forecast of 236,000 and the previous value […]
The BTC is consolidating near 26,455 USD on Friday. The flagship cryptocurrency lost 2.3% over the week. There are numerous internal triggers that are alarming investors and hindering the market from buying. For example, market players continue to be concerned about the multiple and rather aggressive claims by the US Securities and Exchange Commission (SEC) […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed an Inverted Hammer reversal pattern on H4. The instrument is now going by the reversal signal in an ascending wave. The correction target might be 1.3410. Next, the price has a chance to rebound and continue the downtrend. However, the quotes might decline to the 1.3310 […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the resistance area. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.0745 is expected, followed by a rise to 1.0925. An additional signal confirming growth will be a rebound from the lower border of the bullish […]
EURUSD, “Euro vs US Dollar” The currency pair has formed a consolidation range around the 1.0730 level and, exiting it upwards, continued developing a wave of correction. Today, the market reached the 1.0786 level. A narrow consolidation range is expected to form at these highs. With an exit downwards, a link of decline to the […]
The British pound sterling is up again against the US dollar. The current GBPUSD quote is 1.2454. While the US dollar has retreated locally, the pound is trying to rise higher. According to the report of the Organization for Economic Cooperation and Development (OECD), the UK expects the highest inflation among the G7 countries in 2023. Thus, […]
EURUSD, “Euro vs US Dollar” The currency pair failed to break the level of 1.0677 and secure below it. The market has returned to 1.0703 and, breaking this level upwards, suggests continuing the correction to 1.0740. After it reaches this level, a new wave of decline could develop to 1.0620. GBPUSD, “Great Britain Pound vs […]
XAUUSD, “Gold vs US Dollar” Gold has formed an Engulfing reversal pattern near the support level. Currently, the instrument might go by the reversal signal in a corrective wave. The growth target could be 1958.50. Upon testing the resistance level, the price might rebound from it and continue the downtrend. However, the quotes could drop […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 1.2410 is expected, followed by a rise to 1.2620. An additional signal confirming the rise will be […]