Tag: Roboforex
XAUUSD, “Gold vs US Dollar” Near 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 could be 2000.00. Upon testing the resistance, the price will get the chance to break it and continue the uptrend. However, […]
The BTC on Wednesday is balancing near 28,080 USD. The leading cryptocurrency has recovered from a crash at the beginning of the week. The market did not retreat and kept safe an important support level. This let the market return to buying fast. The quotes need to secure above 28,120-28,125 USD to reach the target […]
EURUSD has grown a bit on Tuesday. The current quote is 1.0810. With the fears of investors concerning the outbreak of a full-scale banking crisis fading into the background EURUSD is getting back its buyers. The stress from Friday gave a serious scare to the capital market. However, no more signals of problems in the […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI is nearing the resistance line. In these circumstances, we expect the quotes to test 2/8 (0.6713), make a rebound off it, and fall to the support level of 0/8 (0.6591). […]
On Tuesday, the Australian dollar against the US dollar returned to growth. The current AUDUSD quote is 0.6690. Retail sales in Australia in February grew by 0.2% m/m as expected after growing previously by 1.8%. The index look neutral after sharp fluctuations at the end of last year and the beginning of 2023, while the […]
EURUSD, “Euro vs US Dollar” The currency pair has corrected to 1.0818. Today the market is forming a consolidation range under this level. A decline to 1.0690 is expected. And with a breakaway of this level downwards as well a pathway to a wave to 1.0550 should open. The target is local. GBPUSD, “Great Britain […]
EURUSD, “Euro vs US Dollar” On H4, near the support level, EURUSD has formed a Harami reversal pattern. The instrument is now going by the reversal signal in an ascending wave. The target of the growth might be 1.0920. However, the price may still pull back to 1.0775 and continue the uptrend after correcting to […]
EURUSD, “Euro vs US Dollar” The currency pair has performed an impulse of decline to 1.0723. Today a link of growth might develop to 1.0810, followed by a decline to 1.0686. The target is first. After that, growth to 1.0810 is possible. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a […]
On Monday, the BTC is balancing near 27,827 USD. The impulse to grow had to be postponed as the market failed to manage the resistance and took a step back. Meanwhile, the BTC can still easily break through 29,000-30,000 USD, from where it can successfully attack 35,000 USD. The support level is at 26,500 USD, […]
On Monday, EURUSD is neutral. The current quote is 1.0760. Market moods look moderate. The fears that the banking crisis will gain force that were topical on Friday have faded into background. The crash of the stock of the main German bank earlier made investors avoid risks. The week is beginning calmly, but later there […]