Tag: Roboforex
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 […]
EURUSD, “Euro vs US Dollar” On H4, the EURUSD has broken through the 200-day Moving Average and is now above it, indicating that an uptrend is possible. The RSI has reached an overbought area. In the current situation we should expect a pullback from the 0/8 level (1.0742) and further decline to the support at […]
EURUSD, “Euro vs US Dollar” EURUSD has consolidated above the upper boundary of the descending channel. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Tenkan-Sen line at 1.0685 is expected, followed by a rise to 1.0855. The rebound from the upper boundary of the descending channel will be […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Falling Star reversal pattern near resistance. At this stage, the signal from the reversal candlestick pattern could go in a downward wave. The 1860.00 level will be the target for the decline. After the support is tested, the price has a chance to rebound from it […]
The BTC exchange rate experienced a difficult weekend. There was both a drop and a subsequent recovery. By Monday, the flagship cryptocurrency had risen to USD 22,484. The strengthening over the last 24 hours is around 10%. BTC has regained its correlation with the US stock market, and the good news this morning from this […]
EURUSD recovered strongly on Monday. The current quote in EURUSD is 1.0720. The market is “full of nervousness and doubt”. A closed extraordinary meeting of the US Federal Reserve is scheduled for Monday. The official agenda suggests that the parameters for the federal funds rate within the banking system will be discussed. However, given the […]
The Japanese yen is retreating from the US dollar again. The current quote is 136.66. On Friday, the Bank of Japan had a meeting that ended in nothing. The interest rate remains at -0.10% per annum, as expected. The treasury bond yield control policy saw no changes either. In the comments, the BoJ highlighted that […]