Tag: Roboforex
The main currency pair gained further on Wednesday. The current quote in EURUSD is 1.0740. The statistics published the day before from the USA showed that the problem with inflation is still relevant. Consumer price index fell to 6.0% y/y in February compared to the previous value of 6.4%, as expected. Monthly inflation was 0.4% […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing back from the fast indicator line. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Kijun-Sen line at 1.0675 is expected, followed by a rise to 1.0865. The rebound from the upper boundary of the descending channel will be another positive […]
EURUSD, “Euro vs US Dollar” On H4, EURUSD has formed a reversal pattern of a Long-Legged Doji near the resistance level. At this stage, the signal from the reversal candlestick pattern may trigger a downward wave. The target for the pullback will be 1.0710. However, one should not exclude the variant with price growth to […]
The BTC rose to 24,968 USD in the middle of the week. After the cryptocurrency market took a break from domestic negativity and regained correlation with US exchanges, all news related to the US and its economy in one way or another became relevant. For example, the consumer price index report for February. Inflation fell […]
The Australian Dollar paired with the US dollar is gently recovering. The current AUDUSD quote is at 0.6684. Both the weakening factor of the US dollar and the technical signals are working in favour of the AUD. The fundamental background looks multidirectional. Australia released its own statistics the day before, which came out weak. Thus, […]
The EURUSD is holding on to its previous positions as of Tuesday. The current quote in EURUSD is 1.0710. At yesterday’s closed meeting, the US Federal Reserve discussed the interest rate aspect for the Federal Reserve Banks. It was probably also about the sustainability of the US banking system as a whole. This is now […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the AUDUSD is below the 200-day Moving Average, indicating a prevailing downtrend. The RSI is testing the resistance line. In this situation, a break down of the 2/8 level (0.6591) is expected, followed by a fall in price to the 1/8 support (0.6469). The overcoming of the […]
The British pound sterling has risen markedly against the US dollar. The current quote in GBPUSD is 1.2164. The UK released employment sector statistics on Tuesday. The unemployment rate in January held steady at 3.7% against expectations of an increase to 3.8%. Average payrolls for the 3 months ending in January rose 5.7% (in line […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is testing the upper boundary of the descending channel. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Tenkan-Sen indicator at 0.6205 is expected, followed by the rise to 0.6355. The rebound from the bottom boundary of the bullish channel will […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD has formed a reversal pattern of the Hammer. At the current stage, the reversal signal can trigger an upward wave. The target for the growth will be the level of 1.3810. Further the price has chances of its breakthrough and continuation of the uptrend. However, a […]