Tag: Roboforex
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 […]
The Japanese yen is trying to strengthen against the US dollar. The current USDJPY quote is 140.33. The yen has been attempting to strengthen in the last few hours. This morning, reports surfaced that high-ranking Japanese officials would convene for an emergency meeting. Representatives from the Central Bank will also be at the meeting, which […]
The Japanese yen continues to decline against the US dollar. The current USDJPY quote is 140.60. The JPY is on a new round of devaluation. This is because the Bank of Japan is maintaining an ultra-soft monetary policy. The contrast between the interest rates is particularly noticeable in comparison with the US Fed’s – market […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD has formed an Engulfing reversal pattern. The instrument is now going by the reversal signal in a descending wave. The decline target might be 1.3555. Next, the price has a chance to break this target and continue the downtrend. However, the quotes might correct to the […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0701 and a link of correction to 1.0732. Today the market is consolidating around this level. The consolidation range is expected to extend to 1.0744. Next, a decline to 1.0732 (a test from above) and a rise to 1.0760 are […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. Another test of the Kijun-Sen line at 1.2365 is expected, followed by a decline to 1.2165. An additional signal confirming the decline will be a rebound from […]
The BTC rose to 28,093 USD by Monday. The weekly increase was 5.43%. The main growth momentum was achieved in the last couple of days. The recovery of the correlation between the BTC and the US stock market eventually allowed for buying the crypto, although investors were full of doubts earlier. Market rumours cite that […]
The BTC exchange rate on Friday is near the 26,455 USD mark. The local low was marked at the 25,865 USD level. Thus, the BTC price is trying to get back above the resistance at 26,650 USD. At the same time, chances for a new selling wave are quite high as long as the rate […]
The market’s most traded currency pair fell even lower on Friday. The current EURUSD quote is 1.0730. Investors are gradually withdrawing from risks without constructive news on the US government debt. The debate between Democrats and Republicans continues. Under these circumstances, the US dollar is in demand as a defensive asset. News from Germany is […]