Tag: Roboforex
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 upper border of the Cloud at 1.2400 is expected, followed by a rise to 1.2625. An additional signal confirming the rise will be […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed an Inverted Hammer reversal pattern on H4. At this stage, the instrument could go by the reversal signal in an ascending wave. The correction target could be 1.3470. Next, the price might rebound from this level and continue the downtrend. However, the quotes might drop to […]
The market’s most traded currency pair on Monday has declined and is consolidating. The current EURUSD quote is 1.0700. The US NFP rose by 339 thousand in May, exceeding expectations almost twice. A month before, the index increased by 294 thousand. The unemployment rate grew from 3.4% to 3.7%, which was totally unexpected. The average […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0727. At the moment, the market has formed a consolidation range around this level and, escaping the range downwards, continues developing a wave of decline to 1.0684. After the price reaches this level, a link of correction to 1.0727 (a […]
The BTC on Monday is falling to 26,807 USD. The support level of 26,500 USD has become active again; moreover, below it is the level of 26,000 USD, and it seems that the market might drop there. Activity in the crypto sector remains low. We already highlighted this last week. At the beginning of the […]
EURUSD, “Euro vs US Dollar” EURUSD has pushed off the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper border of the Cloud at 1.0715 is expected, followed by a decline to 1.0465. An additional signal confirming the decline will be a […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern near the support level. The instrument could now go by the reversal signal in an ascending wave. The growth target might be 1960.00. After testing the resistance, the price could rebound and continue the downtrend. However, the quotes could drop to 1925.00 without […]
The market’s most traded currency pair returned to stability on Friday. The current EURUSD quote is 1.0770. The attractiveness of the US dollar as a safe-haven asset decreased after the Senate approved the draft bill on raising the public debt limit. It turns out that the risk of default has been the main foothold for […]
EURUSD, “Euro vs US Dollar” On H4, near the support level, the currency pair has formed an Engulfing reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The correction target might be the resistance level of 1.0800. However, the price could drop to 1.0640 and continue the downtrend without […]
The BTC is holding near 27,179 USD on Friday. While there are no clear purchases, the support at 26,000 USD remains relevant. For the market to return to the strong growth zone, it needs to secure above 29,800 USD. Today’s trading day can be quite volatile due to the volume of important statistics from the […]