Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD completed a structure of a declining wave to 1.1000. At a certain point, the market formed a consolidation range around this level and, breaking it downwards, extended the range to 1.0963. A correction to 1.1000 (a test from below) looks possible today. Next, a decline to 1.0950 could follow. […]
EURUSD, “Euro vs US Dollar” The currency pair formed a consolidation range around 1.1015, escaped it upwards, and reached the local target at 1.1065. Then a link of decline to 1.1015 is expected (a test from above). Then a new structure of growth to 1.1095 could follow, from where the wave could continue to 1.1120. […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, revealing the prevalence of a downtrend. The RSI has rebounded from the resistance line. In these circumstances, a downward breakout of 2/8 (0.6652) can be expected, followed by a decline to the support at 1/8 (0.6622). The scenario can […]
EURUSD on Tuesday remains strong. The current quote is 1.1030. Last night, the market was so thin that a single sparkle was enough to cause noticeable fluctuations. This is exactly what happened. The American First Republic Bank reported a serious decline in the number of deposits in Q1 and a plan to cut down on […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD has formed a Shooting Start reversal pattern. Currently, the instrument could go by the reversal signal in a descending wave. The target for the decline will be 1.3470. Next, the shares will have a chance to break the level and continue the downtrend. However, the price […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting in a forming Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2460 is expected, followed by growth to 1.2675. An additional signal confirming the growth will be a rebound […]
Brent On H4, EURUSD quotes are above the 200-day Moving Average, which reveals the prevalence of an uptrend. The RSI is testing the support line. In this situation, the price could break 2/8 (1.0986) and grow to the resistance at 3/8 (1.1108). The scenario can be canceled by a downward breakout of 1/8 (1.0864), which […]
EURUSD, “Euro vs US Dollar” The stock index has completed yet another correction to 1.0995. Today the market is forming a link of yet another declining wave to 1.0940. If this level breaks, a pathway down to 1.0903 could open, from where the wave has c chance to extend to 1.0888. After it reaches the […]
The BTC on Monday dropped to 27,455 USD. Over the week, the coin has lost 8.21%. Regardless of such a feeble and dull decline, in the medium run, the BTC still has good chances for recovery. An eye should be kept on the support area between 26,500 and 27,000 USD. Active buying might start from […]
XAUUSD, “Gold vs US Dollar” Near the support, gold has formed an Inverted Hammer reversal pattern. Currently, the instrument can go by the reversal pattern in an ascending wave. The target for the growth will be 2015.00. After testing the resistance, the price will have a chance to break it and continue the uptrend. However, […]