Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.0825 is expected, followed by a decline to 1.0645. An additional signal confirming the decline will be a rebound from the upper […]
The BTC rate on Friday remains near 26,930 USD. The weekly growth is 2.5%. The lack of consensus between the US Congress and the White House on the public debt issue is making investors cautious. As the correlation between the Nasdaq and S&P 500 indices and the BTC is restored, everything happening in the US […]
The Japanese yen paired with the US dollar has accelerated the pace of devaluation. The current quote is 138.17. The yen was declining faster but fresh price statistics stopped its fall. For example, annual inflation in Japan increased by 3.5% in April from 3.2% a month before. The CPI rose by 0.6% m/m after growing […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Harami reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The decline target could be 1.3410. Next, the price will have a chance to break the support and continue the downtrend. However, a correction to 1.3550 […]
BRENT On H4, Brent quotes have risen to 0/8 (75.00), escaping the oversold area. The RSI has rebounded from the support line. In this situation, a test of 1/8 (78.12) is expected, followed by a breakout of this level and a rise to the resistance level of 2/8 (81.25). The scenario can be cancelled by […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the support area. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.2460 is expected, followed by a decline to 1.2275. An additional signal confirming the decline will be a rebound from the upper […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0760. Today the market is forming a consolidation range above this level. If the price breaks it downwards, the range could extend to 1.0703. And if the price escapes the range upwards, a correction to 1.0900 could begin. Next, a […]
The market’s most traded currency pair is dropping lower and lower. The current EURUSD quote is 1.0830. We should be prepared for the fact that in the coming days all discussions, one way or another, will revolve around the subject of US government debt. This is currently the most important topic the capital market is […]
In the pair with the US Dollar, the Japanese Yen has returned to local lows after a brief pause. The current USDJPY quote is 137.62. On the one hand, the JPY is under pressure from the strong US dollar. The market is avoiding risks due to the lack of consensus on the US government debt. The […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0810. Today the market is forming a wave of correction to 1.0849. After the correction is over, the pair might develop a wave of decline to 1.0795, from where the trend could continue to 1.0755. GBPUSD, “Great Britain Pound vs […]