Tag: Roboforex

Apr 11
Japanese Candlesticks Analysis 11.04.2023 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” Near the resistance, 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 2050.00. After testing the resistance, the price could break it and continue the uptrend. However, the quotes may correct to […]

Apr 11
Ichimoku Cloud Analysis 1.04.2023 (GBPUSD, AUDUSD, USDJPY)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the upper border of the Cloud. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the Kijun-Sen line at 1.2405 is expected, followed by growth to 1.2675. A signal confirming the growth will be a rebound from the lower […]

Apr 11
Technical Analysis & Forecast 11.04.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0831. Today the market is forming a correction to 1.0894. After the price reaches this level, a wave of decline to 1.0815 could start, having a chance to continue to 1.0780. GBPUSD, “Great Britain Pound vs US Dollar” The currency […]

Apr 10
Technical Analysis & Forecast 10.04.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0876. Today the market is forming a consolidation range above this level. If the price escapes it upwards, a link of correction to 1.0924 is not excluded, followed by a decline to 1.0830. Breaking the range downwards, the price will […]

Apr 10
EUR got stuck. Overview for 10.04.2023

EURUSD on Monday remains balanced. The current quote is 1.0900. The decline in investing activities because of Good Friday and the Easter holiday let the market major keep balance. The Friday statistics from the US almost went by unnoticed by the market participants. However, they still have a chance to play this data out in […]

Apr 10
Ichimoku Cloud Analysis 10.04.2023 (EURUSD, USDCAD, USDCHF)

EURUSD, “Euro vs US Dollar” EURUSD is correcting after bouncing off the upper border of the bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0865 is expected, followed by growth to 1.1095. An additional signal confirming the decline will […]

Apr 10
Japanese Candlesticks Analysis 10.04.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4 near the resistance, EURUSD has formed a Shooting Star reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The target for the correction might be 1.0860. However, the price may grow to 1.0990 and continue the uptrend without testing the support. USDJPY, […]

Apr 10
Murrey Math Lines 10.04.2023 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” On H4, the quotes have rebounded from 8/8 (1.0986), which indicates the development of a correctional decline in the price. The RSI has broken the support line. In these circumstances, a test of 6/8 (1.0864) is expected, after which the price could break it and fall to the support at […]

Apr 10
The cryptocurrency market digest (BTC). Overview for 10.04.2023

The BTC on Monday saw an increase to 28,272 USD. The weekly rise in the leading cryptocurrency amounts to 2.18%. It should be noted that over three weeks starting on 23 March, trade volumes of the BTC have dropped almost five times, currently being about 75 thousand BTC a day. This fact might be a […]

Apr 07
The cryptocurrency market digest (BTC, DOGE). Overview for 07.04.2023

The BTC on Friday dropped to 27,935 USD. The leading cryptocurrency goes on fluctuating in a rather narrow range. On the one hand, this has to do with the expected slump in investing activity: it is Good Friday today in most European countries, the US, and Australia. On the other hand, buyers failed to use […]