Tag: Roboforex
The Australian dollar, paired with the US dollar, has been slipping down consistently on Wednesday. The current AUDUSD quote is 0.6684. The previous trading session proved to be quite volatile for the Australian dollar due to the Reserve Bank of Australia’s decision to keep the interest rate unchanged at 4.10% per annum. However, by the […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on H4, indicating a prevailing uptrend. The RSI has rebounded from the support line. In these circumstances, the price is expected to break the level of 5/8 (145.31) and rise to the resistance at 6/8 (146.87). The scenario can be cancelled […]
The BTC price rose to 30,831 USD by Wednesday. The flagship cryptocurrency is currently fully implementing the previously outlined trend with consolidation above 31,150 USD and a further climb to 33,000 USD. The bullish scenario is supported by a new application for licensing submitted by the BlackRock fund to the SEC. The fund attempts to […]
EURUSD, “Euro vs US Dollar” EURUSD has formed an Engulfing reversal pattern by the support level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 1.0945. However, the price might correct to 1.0845 and continue the uptrend after the test of the support. USDJPY, […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD has secured above the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.6155 is expected, followed by a rise to 0.6285. An additional signal confirming the rise will be a rebound […]
The Japanese yen, paired with the US dollar, has paused its devaluation. The current USDJPY quote is 144.59. For four days in a row, there has been no change for the yen, with the devaluation scenario remaining dominant, while there are no reasons for a correction. The statistics released yesterday showed that the Tankan non-manufacturing […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are under the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI has rebounded from the resistance line. In these circumstances, a test of 4/8 (0.6591) is expected, followed by a breakout and a decline to the support at 3/8 (0.6530). The scenario […]
The Australian dollar witnessed a renewed decline against the US dollar on Tuesday. The current AUDUSD quote is at 0.6653. The Reserve Bank of Australia (RBA) kept the interest rate unchanged at 4.1% per annum, marking the second pause in the monetary policy structure this year. The board of directors was said to need more […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the upper border of the descending channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0915 is expected, followed by a decline to 1.0715. An additional signal confirming the decline will be a […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument is going by the reversal pattern in an ascending wave. The correction target could be 1.3350. Next, the price might rebound from this level and continue the downtrend. However, the quotes could drop to 1.3175 without any […]