Tag: Roboforex
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD has formed a Shooting Star reversal pattern. Currently, the currency pair is going by the reversal signal in a descending wave. The target of the decline might be 1.3495. The price has a chance to break it and continue the downtrend. However, the price may pull […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range around 1.0844. Extension of the range to the level of 1.0870 is not excluded. Next, we expect a decline to 1.0820, followed by a link of growth to 1.0844. After the price reaches this level, it could drop to 1.0800. And after […]
The Japanese yen against the US dollar on Wednesday is declining moderately. The current quote is 131.79. In his speech today, the acting head of the Bank of Japan Haruhiko Kuroda mentioned that the country had come closer to the inflation target of 2% than before. At the same time, wages are getting under more […]
EURUSD on Wednesday keeps growing. The current quote is 1.0840. As long as investors are calming down about the prospects of a banking crisis in the US and Europe, the start paying more interest to EURUSD. According to the statistics from yesterday, the Conference Board CCI in the US in March grew to 104.2 points […]
EURUSD, “Euro vs US Dollar” The currency pair goes on developing a consolidation range around 1.0830. The range could extend to 1.0860. Then we expect a decline to 1.0770. And if this level breaks as well, a pathway down to 1.0690 could open. The target is local. GBPUSD, “Great Britain Pound vs US Dollar” The […]
USDJPY, “US Dollar vs Japanese Yen” On H4, USDJPY quotes are under the 200-day Moving Average, which means the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, the level 4/8 (131.25) could break downwards, and the price could fall to the support level 2/8 (128.12). The scenario can be […]
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). […]