Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of correction to 1.0936. Today the price could fall to 1.0899. Then a link of growth to 1.0938 is not excluded, followed by a drop to 1.0850. The target is local. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues forming […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the Tenkan-Sen line of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2395 is expected, followed by growth to 1.2685. An additional signal confirming the decline will be a rebound from […]
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 for the correction could be 1.3545. Then the price could rebound from this level and go on with the downtrend. However, the price may drop […]
The Australian dollar against the US dollar has been declining for three days in a row. The current quote is 0.6689. Aussie got under pressure after the governor of the Reserve Bank of Australia Philip Lowe announced the decision to make a pause in lifting the interest rate. Before that, the rate had grown ten […]
EURUSD on Thursday is stable. The current quote is 1.0890. The data published yesterday demonstrated that the ADP private employment index in the US in March had grown by 145 thousand while an increase by 200 thousand had been expected. The bad impression was smoothed out by the revision of the previous report: it changed […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of decline to 1.0906. Today the market is forming a consolidation range around this level. The price could decline to 1.0840. Next, a link of growth to 1.0960 is not excluded. After the price reaches this level, a wave of decline to 1.0780 […]
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 […]