Tag: Roboforex
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes have rebounded from 0/8 (0.9033), which indicates probable development of a correction. The RSI has broken the resistance line. In this situation, a test of 1/8 (0.9094) is expected. Then the price could break it and grow to the resistance at 2/8 (0.9155). The scenario […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0855 is expected, followed by growth to 1.1085. An additional signal confirming the decline will be a rebound from […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Shooting Star reversal pattern near the resistance level. Currently, the instrument is going by the reversal signal in a descending wave. The target for the correction might be 1990.00. After testing the support, the price could rebound from it and continue the uptrend. However, the quotes […]
EURUSD on Wednesday remains strong. The current quotes is 1.0950. The statistics yesterday turned out mixed. The PPI in the Euro zone in February dropped by 0.5% m/m, as expected. A month before, this index had dropped by 2.8%. The situation looks logical because we have already had several signals about a slowdown in inflation […]
The BTC in the middle of the week did grow to 28,532 USD. The resistance level of 28,650 USD, which is so important for the bulls, is really close now. If the crypto manages to break this level, the way to 29,000 USD and then to 35,000 USD will open. Investors are keeping an eye […]
The New Zealand dollar against the US dollar reacted positively to the actions of the RBNZ. The current NZDUSD quote is 0.6347. The Reserve Bank of New Zealand at its April meeting lifted the interest rate to 5.25% per annum from 4.75% previously. The forecast had suggested growth to 5.00%. It seems that the regulator […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of growth to 1.0972. Today the market is forming a consolidation range under this level. Next, the price could fall to 1.0925, and then a link of growth to 1.0977 is not excluded. After the quotes reach this level, a wave of decline […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, which reveals the prevalence of a downtrend. The RSI has broken the support line. As a result, we expect a downward breakout of the level of 4/8 (131.25), after which the price could continue falling to the support at […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY is pushing off the support area. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 131.35 is expected, followed by growth to 136.55. An additional signal confirming the decline will be a rebound from the […]
EURUSD, “Euro vs US Dollar” On H4, near the resistance level, the quotes have formed a Shooting Star reversal pattern. Currently, the instrument can go by the reversal signal in a descending wave. The target for the correction might be 1.0890. However, the price may rise to 1.1000 and continue the uptrend without correcting to […]