Tag: Roboforex
The BTC rate stabilised around 27,413 USD on Monday. The weekly loss is estimated at 2%. The leading cryptocurrency rose today above intermediate resistance at 27,300 USD. This may force sellers to reduce volumes, but for a solid rise, the quotes need to secure above the 29,300 USD level. The target to secure is at […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF is pushing off the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 0.8935 is expected, followed by a rise to 0.9075. An additional signal confirming the rise will be a rebound from the upper border […]
The British pound looks weaker against the US dollar on Friday. The GBPUSD pair is currently quoted at 1.2528. The Bank of England decided at its May meeting to raise the interest rate to 4.50% per annum from 4.25% previously. The decision was agreed by seven votes out of nine. The BoE commented that inflation […]
EURUSD, “Euro vs US Dollar” On H4, near the support level, the pair has formed a Hammer reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The corrective target could become 1.0965. However, the price might drop to 1.0890 and continue the downtrend without testing the resistance level. USDJPY, […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0900. Today the market is forming a consolidation range above this level. A structure of growth could develop to 1.0950, followed by a decline to 1.0892. If the price escapes the range upwards, , the potential for a correction to […]
USDJPY, “US Dollar vs Japanese Yen” On H4, USDJPY quotes are above the 200-day Moving Average, revealing the prevalence of an uptrend. The RSI has rebounded from the support line. In this situation, the price is expected to keep growing to the nearest resistance at 7/8 (135.93). This scenario can be cancelled by a downward […]
EURUSD, “Euro vs US Dollar” EURUSD has secured above the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.0955 is expected, followed by a decline to 1.0815. An additional signal confirming the decline will be a rebound from the upper border of […]
BTC has fallen to 26,323 USD by Friday. The weekly loss is currently 9.55%. So, the market has passed below important support at 26,500 USD. What’s next? Next, we should all be cautious because it seems that buyers have not put much effort into defending this support. Exchanges closed long positions in BTC at 21.6m […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, indicating the prevalence of an uptrend. The RSI is testing the support line. In these circumstances, the quotes are expected to rise above 7/8 (0.6805) and reach the resistance at 8/8 (0.9835). The scenario can be cancelled by a […]
The British pound sterling declined against the US dollar on Thursday. The current GBPUSD quote is 1.2577. The pair tested local highs yesterday but failed to secure them. Today is a big day for the GBP: the Bank of England is holding a meeting to decide on the interest rate and give signals on further […]