Tag: Roboforex
The British pound sterling remains under pressure against the US dollar. The current GBPUSD quote is 1.2385. Previously published statistics showed that business confidence in the UK dropped for the first time in three months in May. The Lloyds Bank Business Barometer reflected a decline of 28%. This is because higher inflation has deteriorated the […]
The Japanese yen has strengthened markedly against the US dollar. The current USDJPY quote is 139.39. The JPY rose on news of an emergency meeting of Japanese high-ranking monetary policy officials. The outcome of the meeting was neutral: Japan will watch currency market movements and react if deemed necessary. The monetary policymakers reacted rather due […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to the 1.0745 level. Today the market is forming a structure of another wave of decline. At the moment, a consolidation range has been formed around the 1.0703 level. A breakout downwards to the 1.0673 level is expected. Next, a technical […]
The BTC on Wednesday is balancing around 27,148 USD. While the technical trading picture of the BTC is favourable for a price increase, investors are clearly not ready to buy. This is probably due to the high correlation of the BTC with the S&P 500 index and Nasdaq indices. Markets are focused: today the House […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing 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 1.2425 is expected, followed by a decline to 1.2215. An additional signal confirming the decline will […]
XAUUSD, “Gold vs US Dollar” Near the support level, Gold has formed an Engulfing reversal pattern. The instrument is now going by the reversal signal in an ascending wave. The growth target could be 1983.00. Upon testing the resistance level, the price might rebound from it and continue the downtrend. However, the quotes could drop […]
The market’s most traded currency pair fell below earlier levels on Tuesday. The current EURUSD quote is 1.0710. The flow of information was scarce the day before, as markets in the US and parts of Europe and the UK were closed due to a public holiday. Investors are returning to activity today. They will remain […]
EURUSD, “Euro vs US Dollar” EURUSD has secured under the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. The Tenkan-Sen line is expected to be tested at 1.0705, which will be followed by a decline to 1.0565. An additional signal confirming the decline will be a rebound from the […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0725. Today the market is forming a structure of a new declining wave. At the moment, a consolidation range has formed around 1.0709. An escape from the range downwards to 1.0688 is expected. Next, a technical test on 1.0709 from […]
EURUSD, “Euro vs US Dollar” On H4, near the resistance level, EURUSD has formed a Harami reversal pattern. Currently, the currency pair is going by the reversal signal in a descending wave. The decline target might be 1.0640. However, the pair could correct to 1.0725 and continue the downtrend after the test of the resistance […]