Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair completed a structure of decline to 1.0992. Today the quotes have corrected to 1.1038. At the moment, the market is forming a new structure of a wave of decline to 1.0986. After it reaches this level, a link of growth to 1.1025 is expected, followed by a […]
Brent On H4, Brent quotes are under the 200-day Moving Average, revealing the prevalence of a downtrend. The RSI is nearing the resistance line. As a result, a downward breakout of 1/8 (78.12) is expected, followed by a decline to the support at 0/8 (75.00). The scenario can be canceled by rising above the resistance […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the upper border of the Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2455 is expected, followed by growth to 1.2625. An additional signal confirming the growth will be […]
EURUSD, “Euro vs US Dollar” The currency pair completed a structure of a wave of growth to 1.1094. At a certain point, the market formed a consolidation range under this level. The quotes could drop to 1.1030 today. And if this level breaks as well, a pathway down to 1.0966 could open. GBPUSD, “Great Britain […]
The Japanese yen against the US dollar has grown moderately. The current quote is 133.70. Two days of rising for the JPY were interrupted, which is rather logical. On Friday, the currency will set medium-term prospects for itself. That is, a meeting of the Bank of Japan is scheduled for Friday. There are lots of […]
EURUSD on Thursday remains strong. The current quote is 1.1050. Last night, EURUSD rose to 1.1100, which is a local high. Though the pair failed to secure above this level, this seems to be just a matter of time. Fears about the extension of the US banking crisis are at the market upstage these days. […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are above the 200-day Moving Average, revealing the prevalence of an uptrend. The RSI is testing the support line. In this situation, the price is expected to rise above 6/8 (134.37) and next reach the resistance at 7/8 (135.93). The scenario can be canceled by […]
The Australian dollar against the US dollar is sliding deeper down. The current quote is 0.6605. The Australian statistics of today demonstrate that the CPI in the first quarter of 2023 dropped to 1.4% q/q after growing by 1.9% in Q4, 2022. Year by year, inflation amounted to 6.3%. This is lower than before. Well, […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting in a Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0950 is expected, followed by growth to 1.1165. An additional signal confirming the growth will be a rebound from the lower […]
EURUSD, “Euro vs US Dollar” On H4, near the support, the pair has formed a Hammer reversal pattern. Currently, the instrument might go by the reversal signal in an ascending wave. The target for the growth will be 1.1060. However, the price may still correct to 1.0950 and continue the uptrend after testing the support. […]