Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair failed to break the level of 1.0800 downwards. The market got support at this level and started developing a new wave of growth to 1.0990. Today a rise to 1.0960 looks possible, followed by a decline to 1.0900. Next, an increase to 1.1000 is expected, from where […]
The Japanese yen paired with the US dollar remains in a devaluation zone. The current USDJPY quote is 141.20. The difference in interest rates between the Bank of Japan and the US Federal Reserve System, although not increasing as rapidly as before, still leaves the JPY vulnerable. Most economists surveyed by Reuters believe that the […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are above the 200-day Moving Average, indicating the prevalence of an uptrend. However, the RSI is nearing the overbought area. As a result, in these circumstances a test of 7/8 (142.18) is expected, followed by a rebound from this level and a decline to the […]
The major currency pair is consolidating on Thursday while awaiting news. The current EURUSD quote is 1.0810. These days are rich in news and emotions, but the market is coping well with this load so far. The US Federal Reserve System decided the day before to keep the interest rate unchanged at 5.25% per annum. […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD 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 1.2605 is expected, followed by a rise to 1.2845. An additional signal confirming the rise will be a rebound from […]
EURUSD, “Euro vs US Dollar” The currency pair has extended a consolidation range upwards to 1.0862. The market has started an abrupt decline to 1.0782 on the news. This is the first target. After the quotes reach this level, a correction to 1.0822 might follow. Next, a wave of decline to 1.0730 might begin. GBPUSD, […]
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, […]