Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to the 1.0745 level. Today the market is forming a structure of another wave of decline. At the moment, a consolidation range has been formed around the 1.0703 level. A breakout downwards to the 1.0673 level is expected. Next, a technical […]
The BTC on Wednesday is balancing around 27,148 USD. While the technical trading picture of the BTC is favourable for a price increase, investors are clearly not ready to buy. This is probably due to the high correlation of the BTC with the S&P 500 index and Nasdaq indices. Markets are focused: today the House […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing 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 1.2425 is expected, followed by a decline to 1.2215. An additional signal confirming the decline will […]
XAUUSD, “Gold vs US Dollar” Near the support level, Gold has formed an Engulfing reversal pattern. The instrument is now going by the reversal signal in an ascending wave. The growth target could be 1983.00. Upon testing the resistance level, the price might rebound from it and continue the downtrend. However, the quotes could drop […]
The market’s most traded currency pair fell below earlier levels on Tuesday. The current EURUSD quote is 1.0710. The flow of information was scarce the day before, as markets in the US and parts of Europe and the UK were closed due to a public holiday. Investors are returning to activity today. They will remain […]
EURUSD, “Euro vs US Dollar” EURUSD has secured under the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. The Tenkan-Sen line is expected to be tested at 1.0705, which will be followed by a decline to 1.0565. An additional signal confirming the decline will be a rebound from the […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0725. Today the market is forming a structure of a new declining wave. At the moment, a consolidation range has formed around 1.0709. An escape from the range downwards to 1.0688 is expected. Next, a technical test on 1.0709 from […]
EURUSD, “Euro vs US Dollar” On H4, near the resistance level, EURUSD has formed a Harami reversal pattern. Currently, the currency pair is going by the reversal signal in a descending wave. The decline target might be 1.0640. However, the pair could correct to 1.0725 and continue the downtrend after the test of the resistance […]
The Japanese yen is trying to strengthen against the US dollar. The current USDJPY quote is 140.33. The yen has been attempting to strengthen in the last few hours. This morning, reports surfaced that high-ranking Japanese officials would convene for an emergency meeting. Representatives from the Central Bank will also be at the meeting, which […]
The Japanese yen continues to decline against the US dollar. The current USDJPY quote is 140.60. The JPY is on a new round of devaluation. This is because the Bank of Japan is maintaining an ultra-soft monetary policy. The contrast between the interest rates is particularly noticeable in comparison with the US Fed’s – market […]