Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0760. Today the market is correcting to 1.0789. After the correction will be over, a new wave of decline is expected to develop to 1.0740. This is a local target. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]
The New Zealand dollar has weakened markedly against the US dollar. The current quote is 0.6140. The Reserve Bank of New Zealand raised its interest rate by 25 basis points at its May meeting and made it clear that it no longer intends to raise the rate as part of its fight against inflation. This […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.0795 is expected, followed by a decline to 1.0645. An additional signal confirming the decline will be a rebound from the upper border of […]
XAUUSD, “Gold vs US Dollar” Near the support level, gold has formed an Inverted Hammer reversal pattern. Currently, the instrument could go by the reversal pattern in an ascending wave. The growth target might be 1975.50. Upon testing the resistance, the price could rebound from it and continue with the downtrend. However, the quotes could […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, representing the prevalence of a downtrend. The RSI has rebounded from the resistance line. In this situation, a downward breakout of 1/8 (0.6622) is expected, followed by a decline to the support level of 0/8 (0.6591). The scenario can […]
The market’s most traded currency pair remains under pressure. The current EURUSD quote is 1.0800. Investor attention is still focused on the negotiations between the White House and Congress. Stock market commentators say that the sides are gradually moving towards a consensus. This would be good, considering there is very little time left to sign […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range around 1.0809. Today the pair could drop to 1.0788. After it reaches this level, a link of growth to 1.0809 (a test from below) is not excluded. Next, the wave of decline might continue to 1.0760, from where the wave could extend […]
The Japanese yen, paired with the US dollar, continues to decline. The current USDJPY quote is 138.37. The strong US dollar, which is in demand as a safe haven asset, is having a remarkable influence on the Japanese yen. Fresh Japanese statistics have attracted attention. The PMI report turned out positive: the services sector is […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting in a Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the indicator at 1.2465 is expected, followed by a decline to 1.2295. An additional signal confirming the decline will be a rebound […]
The BTC on Monday is holding near the 26,783 USD mark. The weekly loss is estimated at 2.13%. The situation in the crypto segment did not improve over the weekend. Investors continue to follow the information about the ban on any type of transactions related to the Binance exchange, such as restrictions imposed by Westpac […]