Tag: Roboforex
EURUSD, “Euro vs US Dollar” On H4, near the support level, the pair 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 1.0955. However, the price might pull back to 1.0870 and continue the uptrend after correcting to […]
The British pound against the US dollar has reached its peak since 2 February. The current quote is 1.2326. Currently, the pound relies on the weakening USD. Everything else, including price statistics or the upcoming meeting of the Bank of England, has faded into the background. However, there is much to look at. Yesterday Britain […]
On Wednesday, the Japanese yen against the US dollar is stabilising. The current quote is 132.44. Earlier the JPY grew noticeably because the USD declined. The Japanese Minister of finance Shunichi Suzuki has mentioned in his speech today that the country’s financial system looks stable. To react flexibly to price changes, the Ministry of Finance […]
On Wednesday, EURUSD is growing. The current quote is 1.0770. Today is a big day. This evening, the US Fed will close probably the most unpredictable meeting of recent times. The regulator needs to make a difficult decision: whether it should lift the interest rate by 25 base points and continue fighting with inflation or […]
The BTC stopped at 28,147 USD. Prices for digital assets are growing slowly because the market is saving power for the end of the March meeting of the Fed. The intrigue is whether the Fed will lift the interest rate or not. Investors are ready to attack 29,000 USD, which will open a pathway to […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, revealing the prevalence of a downtrend. The RSI is nearing the resistance line. As a result, we expect a test of 4/8 (131.25). Then it should break, and the price should fall to the support at 3/8 (129.68). The […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD has formed a Hammer reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The target of the growth might be 1.3760; next, the price might break it and go on growing. However, the price may pull back to 1.3665 before […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of growth to 1.0787. At the moment, a consolidation range is forming around this level. We expect an escape of the price from the range downwards and further development of the wave to 1.0650. The target is first. After the price reaches this […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0729. At the moment, a consolidation range is forming around this level. We expect the price to escape the range downwards and go on developing the wave to 1.0620. The target is local. After the quotes reach this level, a […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which reveals the prevalence of a downtrend. The RSI has broken the support level. As a result, we expect the price to keep falling to the nearest support at 2/8 (0.6591). The scenario can be canceled by an upward […]