Tag: Roboforex
USDCHF, “US Dollar vs Swiss Franc” On H4, the USDCHF quotes are above the 200-day Moving Average, revealing prevalence of an uptrend. The RSI is testing the support line. In this situation, a rebound from 6/8 (0.9399) should be expected, after which the price might rise to the resistance level of 8/8 (0.9521). The scenario […]
The Japanese yen against the US dollar dropped to the lows since 20 December. The current quote is 136.61. The yen got under pressure and saw a decline to the local lows after the US dollar got supported by the signals of the Fed. The interest rate in the US might be growing faster than […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD has formed a Shooting Star reversal pattern. Currently, the pair may go by the reversal signal in a descending wave. The target of the correction might be 1.3730; later the price might push off this level and continue the uptrend. However, the price may grow to […]
EURUSD, “Euro vs US Dollar” The currency pair saw a rebound from 1.0693 downwards and broke through 1.0572. At the moment, a consolidation range is forming under this level. The quotes should then escape the range downwards and continue the wave to 1.0450. The target is local. GBPUSD, “Great Britain Pound vs US Dollar” The […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.0595 is expected, followed by falling to 1.0385. An additional signal confirming the decline will be a rebound from the lower border of the […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which reveals prevalence of a downtrend. The RSI has broken through the support line. Further falling to the nearest support level at 1/8 (0.6652) is expected. The scenario can be cancelled by rising above the resistance level of 3/8 […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Doji reversal pattern near the resistance level. The instrument is now going by the pattern in a descending wave. The target of the decline might be 1825.00. After a test of the support, the price might break through it and continue falling. However, the quotes might […]
EURUSD, “Euro vs US Dollar” The currency pair escaped the consolidation range upwards and reached a local target of 1.0693. A link of decline to 1.0633 is not excluded today. Then a structure of growth to 1.0700 might develop. After this level is reached, the wave of growth will be exhausted. Then a wave of […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is testing the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 0.6715 is expected, followed by falling to 0.6535. An additional signal confirming the decline will be a rebound from the upper border of the […]
EURUSD uses any base for growth efficiently. The current quote is 1.0690. Investors are nervous before the evening speech of the chairman of the Federal Reserve System Jerome Powell in the Senate. The market abstains from any activity because the tension around Powell’s comments is quite high. Let us see what Powell will say about […]