Tag: Roboforex
EURUSD, “Euro vs US Dollar” On H4, near the support level, the currency pair has formed an Engulfing reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The correction target might be the resistance level of 1.0800. However, the price could drop to 1.0640 and continue the downtrend without […]
The BTC is holding near 27,179 USD on Friday. While there are no clear purchases, the support at 26,000 USD remains relevant. For the market to return to the strong growth zone, it needs to secure above 29,800 USD. Today’s trading day can be quite volatile due to the volume of important statistics from the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the upper border of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2465 is expected, followed by a rise to 1.2690. An additional signal confirming the rise will be a […]
EURUSD, “Euro vs US Dollar” The currency pair has formed a consolidation range around 1.0730 and suggests a correction to 1.0743 with a breakout from the range upwards. After the price reaches this level, a link of decline to 1.0702 is expected, followed by a rise to 1.0822. GBPUSD, “Great Britain Pound vs US Dollar” […]
The major currency pair remains in a weak position on Thursday. The current EURUSD quote is 1.0680. The US House of Representatives passed a bill to raise the country’s national debt ceiling yesterday. The initiative was supported by 314 politicians while 117 politicians voted against it. This is now subject to the Senate’s approval. The […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF is pushing off the support level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 0.9055 is expected, followed by a rise to 0.9245. An additional signal confirming the rise will be a rebound from the lower border […]
EURUSD, “Euro vs US Dollar” The currency pair has formed a consolidation range around the 1.0830 level and, exiting downwards, continues developing a structure of decline to the 1.0570 level. The target is local. After the quotes reach it, a correction to 1.0830 (a test from below) could start, followed by another wave of decline […]
The Australian dollar continues to decline against the US dollar. The current AUDUSD quote is 0.6488. The Aussie is under increased pressure from a strong USD, and the flow of Chinese statistics. Official reports published by China yesterday reflected a deterioration in the country’s economic activity. China remains Australia’s main trade and economic partner, so […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the currency pair has formed a Hanging Man reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The decline target might be 1.3510. Next, the price could break the level and continue the downtrend. However, the quotes could correct to 1.3635 […]
EURUSD, “Euro vs US Dollar” The currency pair completed a wave of decline to 1.0635. Today the market has performed a correction to 1.0692. At the moment, a consolidation range is forming under this level. A breakout of the range downwards and further development of the wave to 1.0643 are expected. And if this level […]