Tag: Roboforex
The Australian dollar, in the pair with the US dollar, remains in an uptrend. The current AUDUSD quote is at 0.6672. At the same time, the news from the Australian side is not cheerful at all. The country’s GDP grew by 0.2% quarter-on-quarter in Q1 2023. This is the weakest quarterly growth since September 2021. […]
The British pound sterling has reversed down against the US dollar. The current GBPUSD quote is 1.2409. Fresh statistics from Halifax show that property prices in the UK have fallen for the first time since 2012. According to the May data, average real estate prices have dropped by 1.0% y/y. The decrease in housing prices […]
The market’s most traded currency pair is moderately retreating on Wednesday. The current EURUSD quote is 1.0690. The EUR felt some pressure following comments by Isabel Schnabel of the European Central Bank. She noted that an ECB rate hike might take longer than expected to have an impact on the economy. With the current skills […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0666 and a correction to 1.0700. Today the market continues developing a structure of decline to 1.0632. After it reaches this level, a link of growth to 1.0666 (a test from below) will not be excluded, followed by a decline […]
The BTC restored to 26,836 USD on Wednesday after a major decline the day before. Since yesterday, the leading crypto has been showing the consequences of a rebound. However, the market did not renew the new support at 25,500 USF though in the afternoon it seemed possible. The decline was provoked by the news about […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY is correcting within the bearish channel. The instrument is going inside the Ichimoku Cloud, which suggests a sideways movement. A test of the lower border of the Cloud at 139.15 is expected, followed by a rise to 141.85. An additional signal confirming growth will be a rebound from […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern on H4 near the support level. Currently, the pair might go by the reversal signal in an ascending wave. The correction target could be the resistance level of 1.0720. However, the price might drop to 1.0620 and continue the downtrend without testing the […]
The British pound sterling is attempting a local rise against the US dollar. The current GBPUSD quote is 1.2443. The British PMI in services in May, according to the final data, rose to 55.2 points against the preliminary 55.1 points. Compared to the April reading (55.9 points), there is clearly a fall. The decline in […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to the 1.0674 level. Today the market is correcting this declining wave, with the correction possible to the 1.0727 level. After it is over, a decline to the 1.0666 level could follow. GBPUSD, “Great Britain Pound vs US Dollar” The currency […]
The Australian dollar is in a real rally against the US dollar. The current AUDUSD quote is 0.6658. The Reserve Bank of Australia at the meeting on Tuesday unexpectedly raised the interest rate by 25 basis points, which was a total surprise for the market. The rate now stands at 4.1% per annum. This is […]