Tag: Roboforex
The British pound sterling continues to gain weight against the US dollar. The current GBPUSD quote is 1.2931. The UK economy created 102,000 jobs in June, which is less than in May and clearly below the consensus forecast. The unemployment rate increased to 4.0% from 3.8% before. The claimant count change rose by 25.7 thousand […]
The British pound sterling is rallying against the US dollar. The current GBPUSD quote is 1.2884. GBP received strong support from the Bank of England. Yesterday the governor of the BoE Andrew Bailey delivered a speech confirming that the regulator was determined to fight inflation till the end. Bailey is influenced by policymakers and economists […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Long-Legged Doji near the support level. At this stage, the instrument is going by the reversal signal in a corrective wave. The growth target could be 1937.50. Upon testing the resistance, the price could have a chance for a rebound and the development of a downtrend. […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured above the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2845 is expected, followed by a rise to 1.3035. An additional signal confirming the rise will be a rebound from the lower […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes on H4 have broken the 200-day Moving Average and are now above it, indicating the possible development of an uptrend. The RSI is approaching the resistance line. In this situation, a test of 6/8 (0.6713) is expected, followed by a breakout and a price rise to the […]
The Japanese yen has cancelled devaluation against the US dollar and is strengthening. The current USDJPY quote is 140.69. In a way, the yen is in demand as a safe-haven asset, while the investment world is doubting the stability of the US dollar. However, the fact that the USDJPY pair used to be overbought probably […]
The most traded currency pair remains in positive territory on Monday. The current quote in EURUSD is 1.0960. Friday’s block of US employment market statistics left the US dollar without support. Investors were confused: it was expected that strong figures in the labour sector would give the Federal Reserve another strong argument in favour of […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are above the 200-day Moving Average on H4, revealing a prevailing uptrend. The RSI is testing the support line. In this situation, the quotes are expected to rise above 4/8 (1.0986) and proceed to the resistance level of 5/8 (1.1074). The scenario can be cancelled by a downward […]
The BTC on Monday is hovering around USD 30,193. The flagship cryptocurrency suffered a weekly loss of 1.9%. This is not the first time that market participants are showing hesitation in making decisions and losing valuable time that could have been used for purchases. There is currently no support from the US stock market, but […]
EURUSD, “Euro vs US Dollar” EURUSD has secured above the upper border of the Wedge reversal pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0905 is expected, followed by a rise to 1.1090. An additional signal confirming the rise will […]