Tag: Roboforex
The BTC on Wednesday is balancing near 29,337 USD. By the way, the first half of the week was much better: the leading crypto rose to 30,470 USD. Something curious is happening: the BTC lost 3% over a couple of minutes because the whole sector slumped into a deep correction. And then the situation normalised. […]
The British pound against the US dollar saw an increase on Wednesday. The current quote is 1.2451. Inflation in Britain in March came out higher than expected, and this makes hopes for a slowdown in the growth of crediting prices fade. The CPI turned out at 10.1% y/y after being 10.4%. This is, indeed, a […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the lower border of the broken channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper border of the Cloud at 1.2435 is expected, followed by falling to 1.2115. A signal confirming the decline will be […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a structure of correction to 1.0983. Today the market is forming a link of a new wave of decline to 1.0893. After the price reaches, this level, a link of growth to 1.0930 could form. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]
EURUSD on Tuesday remains in a downtrend. The current quote is 1.0940. At the beginning of the week, there is no important news, so investors focused on currency speculations based on the expectations about future steps that the US Federal Reserve System might make. Curiously, according to the CME FedWatch, the probability of the interest […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are on the 200-day Moving Average, which indicates a lack of any trend. The RSI is testing the resistance line. As a result, a downward breakout of 4/8 (0.6713) is expected, followed by falling to the support at 2/8 (0.6652). The scenario can be canceled […]
The Australian dollar is trying to grow against the US dollar again. The current quote is 0.6727. China has issued a large chunk of statistics today that turned out, indeed, positive. For Australia, stable Chinese reports are crucial because China is the country’s leading trade and economic partner. Do, the Chinese GDP in Q1 2023 […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting in a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0910 is expected, followed by growth to 1.1145. An additional signal confirming the decline will be a rebound from the lower […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Harami reversal pattern. The instrument may now go by the reversal signal in an ascending wave. The target for the growth will be 1.1035. However, the price could correct to 1.0895 and continue the uptrend after testing the support. […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a structure of a declining wave to 1.0909. Today the market is forming a link of correction to 1.0950. After it is over, a wave of decline to 1.0886 could begin. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has extended the consolidation […]