Tag: Roboforex
The BTC by Monday has dropped to 29,931 USD. The weekly growth is estimated as 5.75%. Last week, as the catalyst for the growth of the BTC was the ETH altcoin. It was beautiful: a serious update took place in the Ethereum network, letting free the coins that had been frozen. But the market did […]
EURUSD on Monday remains cautious after sky-rocketing and correcting earlier. The current quote is 1.0980. The flow of statistics on Friday turned out, indeed, patchy. However, its components made the USD as relatively balanced as it can be. For example, retail sales in the US in March dropped 1% m/m instead of 0.4% forecast and […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is pushing off the lower border of the bullish channel. The instrument is going above the Ichimoku Cloud, which indicates the prevalence of an uptrend. A test of the lower border of the Cloud is expected at 1.2395, followed by growth to 1.2645. An additional signal […]
EURUSD, “Euro vs US Dollar” The currency pair has completed an impulse of decline to 1.0970. Today the market is forming a consolidation range above this level. With a breakout of the range downwards, a decline to 1.0933 could follow. After the price reaches this level, a link of correction to 1.1000 could develop. GBPUSD, […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the currency pair has formed a Hammer reversal pattern. The instrument is now going by the reversal signal in an ascending wave. The target for the correction might be 1.3395. Next, the price could rebound from this level and continue the downtrend. However, the price may drop […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI is testing the support line. In this situation, the price could rise above 2/8 (1.0986) and reach the resistance at 3/8 (1.1108). The scenario can be canceled by a rebound from […]
EURUSD, “Euro vs US Dollar” EURUSD has escaped the consolidation range upwards and could now extend the wave to 1.1090. After the price reaches this level, a link of decline to 1.1003 is not excluded. Next, the price could grow to 1.1144 and extend the wave to 1.1175. Then a decline to 1.1000 could follow. […]
Brent On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI is testing the support line. In this situation, the quotes are expected to rise above 4/8 (87.50) and reach the resistance at 5/8 (90.62). The scenario can be canceled by a downward breakout of 3/8 […]
EURUSD, “Euro vs US Dollar” EURUSD has secured above the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.1035 is expected, followed by growth to 1.1325. An additional signal confirming the growth will be a rebound from the lower border of the […]
XAUUSD, “Gold vs US Dollar” At the resistance, gold has formed a Hanging Man reversal pattern. The instrument is now going by the reversal signal in a descending wave. The target for the pullback might be 2025.50. Upon testing the support, the price could rebound from it and continue the uptrend. However, the price could […]