Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0589. At the moment, a consolidation range is forming around this level. An escape downwards and further development of the wave to 1.0470 is expected. The target is local. After this level is reached, a link of growth to 1.0570 […]
We would like to start with some good news but we do not have any. By Friday, the BTC has dropped to 19,870 USD, breaking through the stop area directly down. Sales in the BTC sped up after the leading crypto broke through 21,350 USD. The inner tension is growing. It seems that this is […]
USDCHF, “US Dollar vs Swiss Franc” The USDCHF has secured under the lower border of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 0.9310 is expected, followed by falling to 0.9165. An additional signal confirming the decline will be a rebound […]
EURUSD, “Euro vs US Dollar” On H4, near the support level, the EURUSD has formed an Inverted Hammer reversal pattern. The pair may now go by the reversal pattern in an ascending wave. The target of the growth might be 1.0615. However, the price might drop to 1.0535 and continue the downtrend without testing the […]
Brent On H4, the 200-day Moving Average has broken, and Brent quotes are now below it, which means they might develop a downtrend. However, the RSI has already reached the oversold area. As a result, we should expect a breakaway of 4/8 (81.25) upwards and growth of the price to the resistance level of 5/8 […]
The EURUSD got under pressure. The current quote is 1.0550. The reason was the comments made by Jerome Powell, the chairman of the US Federal Reserve System. Speaking before the Senate on Tuesday, he seemed to open the door for more noticeable increases in the interest rate at upcoming meetings. They are now discussing a […]
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 […]