Tag: Roboforex
The BTC stopped at 28,147 USD. Prices for digital assets are growing slowly because the market is saving power for the end of the March meeting of the Fed. The intrigue is whether the Fed will lift the interest rate or not. Investors are ready to attack 29,000 USD, which will open a pathway to […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, revealing the prevalence of a downtrend. The RSI is nearing the resistance line. As a result, we expect a test of 4/8 (131.25). Then it should break, and the price should fall to the support at 3/8 (129.68). The […]
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 of the growth might be 1.3760; next, the price might break it and go on growing. However, the price may pull back to 1.3665 before […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of growth to 1.0787. At the moment, a consolidation range is forming around this level. We expect an escape of the price from the range downwards and further development of the wave to 1.0650. The target is first. After the price reaches this […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0729. At the moment, a consolidation range is forming around this level. We expect the price to escape the range downwards and go on developing the wave to 1.0620. The target is local. After the quotes reach this level, a […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which reveals the prevalence of a downtrend. The RSI has broken the support level. As a result, we expect the price to keep falling to the nearest support at 2/8 (0.6591). The scenario can be canceled by an upward […]
The Australian dollar in pair with the US dollar on Tuesday is retreating. The current quote is 0.6686. The minutes of the meeting of the Reserve Bank of Australia published today mention that the country’s monetary policy has got in some kind of a dead-end. The interest rate is currently quite restrained, while the economic […]
XAUUSD, “Gold vs US Dollar” Near the resistance, gold has formed a Shooting Star reversal pattern. Currently, the instrument might go by the reversal signal in a descending wave. The target of the decline might be 1960.00. Upon testing the support level, the pair might push off it and continue the uptrend. However, the quotes […]
EURUSD starts the week quite reservedly. The current quote is 1.0670. It seems that for a few days, we have been hearing of just the US and EU statistics and nothing else. The flow of this news is so strong that investors fail to take account of everything. The final CPI in the Eurozone in […]
The weekly increase in the leading cryptocurrency is impressive – more than 25%. The demand for risky assets grew after it became clear that the banking crisis in the US and Europe will be held back. Simultaneously, investors are interested in cryptocurrencies, while there are not many footholds in the US stock market. The market […]