Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair has performed a structure of decline to 1.0917. At the moment, the price has corrected to 1.0979. Today the market is forming a link of a new declining wave to 1.0928. If this level breaks, a pathway down to 1.0880 could open. GBPUSD, “Great Britain Pound vs […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, revealing the presence of a downtrend. The RSI has rebounded from the resistance line. In this situation, a test of 1/8 (0.8911) should be expected, followed by a downward breakout and a decline to the support at 0/8 (0.8789). […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the support level. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the lower border of the Cloud at 1.0945 is expected, followed by growth to 1.1165. A signal confirming the growth will be a rebound from the lower border […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the 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 could be 1.3520. Then the price could rebound from this level and continue the downtrend. However, it may still drop to […]
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The target for the growth might be 2040.00. After testing the resistance, the pair could break it and continue with the uptrend. However, the quotes may […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are above the 200-day Moving Average, indicating the prevalence of an uptrend. The RSI has rebounded from the support line. In this situation, the price is expected to rise above 6/8 (134.37) and reach the resistance level of 7/8 (135.93). The scenario can be canceled […]
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 […]