Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern on H4 near the support level. Currently, the pair might go by the reversal signal in an ascending wave. The correction target could be the resistance level of 1.0720. However, the price might drop to 1.0620 and continue the downtrend without testing the […]
The British pound sterling is attempting a local rise against the US dollar. The current GBPUSD quote is 1.2443. The British PMI in services in May, according to the final data, rose to 55.2 points against the preliminary 55.1 points. Compared to the April reading (55.9 points), there is clearly a fall. The decline in […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to the 1.0674 level. Today the market is correcting this declining wave, with the correction possible to the 1.0727 level. After it is over, a decline to the 1.0666 level could follow. GBPUSD, “Great Britain Pound vs US Dollar” The currency […]
The Australian dollar is in a real rally against the US dollar. The current AUDUSD quote is 0.6658. The Reserve Bank of Australia at the meeting on Tuesday unexpectedly raised the interest rate by 25 basis points, which was a total surprise for the market. The rate now stands at 4.1% per annum. This is […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2400 is expected, followed by a rise to 1.2625. An additional signal confirming the rise will be […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed an Inverted Hammer reversal pattern on H4. At this stage, the instrument could go by the reversal signal in an ascending wave. The correction target could be 1.3470. Next, the price might rebound from this level and continue the downtrend. However, the quotes might drop to […]
The market’s most traded currency pair on Monday has declined and is consolidating. The current EURUSD quote is 1.0700. The US NFP rose by 339 thousand in May, exceeding expectations almost twice. A month before, the index increased by 294 thousand. The unemployment rate grew from 3.4% to 3.7%, which was totally unexpected. The average […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0727. At the moment, the market has formed a consolidation range around this level and, escaping the range downwards, continues developing a wave of decline to 1.0684. After the price reaches this level, a link of correction to 1.0727 (a […]
The BTC on Monday is falling to 26,807 USD. The support level of 26,500 USD has become active again; moreover, below it is the level of 26,000 USD, and it seems that the market might drop there. Activity in the crypto sector remains low. We already highlighted this last week. At the beginning of the […]
EURUSD, “Euro vs US Dollar” EURUSD has pushed 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 1.0715 is expected, followed by a decline to 1.0465. An additional signal confirming the decline will be a […]