Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is pushing off the lower border of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper border of the Cloud at 0.6705 is expected, followed by falling to 0.6555. An additional signal confirming the decline will be […]
EURUSD, “Euro vs US Dollar” On H4 near the resistance, EURUSD has formed a Harami reversal pattern. The instrument may now go by the reversal signal in a descending wave. The target for the correction might be 1.0935. However, the pair may grow to 1.1040 and continue the uptrend without testing the support. USDJPY, “US […]
EURUSD, “Euro vs US Dollar” The currency pair is consolidating around 1.0915. Today the range could extend to 1.0935. Then a decline to 1.0882 and growth back to 1.0915 could follow. If the price breaks the range downwards, a new wave of decline to 1.0794 could begin. GBPUSD, “Great Britain Pound vs US Dollar” The […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes have broken the 200-day Moving Average and are now above it, which indicates possible development of an uptrend. The RSI has rebounded from the support line. In these circumstances, the quotes are expected to break 6/8 (134.37) and rise to the resistance at 7/8 (135.93). […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD has formed a Harami reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The target for the decline might be 1.3390. Then the price could break this level and continue the downtrend. However, the price may pull back to 1.3510 […]
The British pound against the US dollar is balancing at zero gravity. The current quote is 1.2446. The pound looks extremely discursive. It has strong fundamental support in the form of new British trade agreements and the weakness of the US dollar. However, investors seem unwilling to use these factors. At the same time, the […]
EURUSD, “Euro vs US Dollar” EURUSD is growing in a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 1.0870 is expected, followed by growth to 1.1105. An additional signal confirming the growth will be a rebound from the lower […]
By Wednesday, the BTC has risen to 30,015 USD. The weekly growth is estimated as 4.8%. But this is not the most important thing. Most importantly, the leading cryptocurrency has finally tested the significant level of 30,000 USD. The local maximum was 30,483 USD. The priority now is to secure above 30,000 USD. The nearest […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, indicating the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a downward breakout of 5/8 (0.6652) is expected, after which the price could drop to the support at 4/8 (0.6591). The scenario can […]
The Japanese yen is losing to the US dollar. The current quote is 133.50. The March statistics of the Japanese CCI published yesterday demonstrated growth of the indicator to 33.9 points from 31.1 points earlier. This is a good signal that means that households are beginning to trust the policy of the Bank of Japan […]