Tag: Roboforex
The BTC on Wednesday rose to 28,872 USD. The correlation between the BTC and the Nasdaq and S&P 500 indices remains disrupted. This is due to a significant influx of internal news within the cryptocurrency sector. An important resistance level of 28,300 USD was broken overnight, which is a positive signal. The market reacted positively […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2675 is expected, followed by a rise to 1.3025. An additional signal confirming the rise will be a rebound from […]
The major currency pair is moderately retreating on Tuesday. The current EURUSD quote is 1.0910. The beginning of the week has been calm, bringing no significant news. Given this, the market has focused on what it already knows: the decision of the US Federal Reserve to pause its series of monetary policy tightening and prepare […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD broke the level of 8/8 (0.6835) on H4 and escaped the overbought area. The RSI has broken the support line. In this situation, a test of 7/8 (0.6774) is expected, followed by a breakout of this level and a decline to the support at 6/8 (0.6713). The scenario […]
The Australian dollar is losing weight against the US dollar. The current AUDUSD quote is 0.6803. The Reserve Bank of Australia published the minutes of its latest meeting, and their content left investors perplexed. The RBA did consider the possibility of suspending the monetary tightening cycle at its June meeting, but ultimately decided otherwise. The […]
EURUSD, “Euro vs US Dollar” EURUSD has secured under the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0885 is expected, followed by a rise to 1.1045. An additional signal confirming the rise will be a rebound from the lower border of […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a structure of a wave of decline to 1.0907 and a correction to 1.0926. A decline to 1.0878 might follow today. Next, a consolidation range is expected to develop around this level. With an escape from the range downwards, the potential for a wave of […]
The major currency pair is holding steady near its peak levels on Monday. The current EURUSD quote is 1.0940. After the European Central Bank confirmed its hawkish approach towards interest rates, the euro gained favour. Although this was expected, it was still impressive. The beginning of the week brings little significant macroeconomic statistics, and investors […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, indicating the prevalence of an uptrend. The RSI is nearing the support line. In these circumstances, a rebound from 3/8 (1.0925) is expected, followed by a rise to the resistance at 5/8 (1.1074). The scenario can be cancelled by a […]
The BTC exchange rate is hovering around 26,415 USD on Monday. It has seen a decent rise compared to Friday’s levels, and there are fundamental reasons for it, but the cryptocurrency still appears shaky. The sellers have eased their pressure. At least the key trigger that had been weighing on prices in recent weeks has […]