Tag: Roboforex
USDCAD, “US Dollar vs Canadian Dollar” USDCAD 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 1.3565 is expected, followed by growth to 1.3825. An additional signal confirming the decline will be a bounce off the […]
EURUSD is falling deeper down. The current quote is 1.0600. The statistics from yesterday demonstrated that the US economy in Q4 2022 grew by 2.7%. This is the second calculation, and it is not quite typical: the indicator declined after the revision, though normally it does quite the opposite. The initial calculation suggested growth by […]
The BTC has gone down. On Friday the leading crypto has shrunk to 23,971 USD. Buyers still need to return above 24,500 USD to get a chance for achieving something above 25,000 USD. Then the target range will be 29,000-30,000 USD. The US stock market tries to bounce again and again but is doing a […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0577. Today the market might show a link of correction to 1.0637 and then go down to 1.0568. After this level is reached, a new correction to 1.0690 should start. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0600. Today the market might demonstrate a link of correction to 1.0640. Then a decline to 1.0584 should follow. And with a breakaway of this level as well, a pathway for the wave down to 1.0579 should open. GBPUSD, “Great […]
EURUSD is heading down again. The current quote is 1.0660. Yesterday investors were busy analysing the PMI of the EU and the US, but the attitude of the Federal Reserve System remained in the focus of attention. The closer we come to the publication of the minutes of the last meeting, which is scheduled on […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are in the overbought area. The RSI has bounced off the resistance line. A downward beakaway of 8/8 (134.37) is expected, followed by falling to the support level of 6/8 (132.81). The scenario can be cancelled by rising above the resistance level of +1/8 (135.15). […]
The New Zealand dollar has grown a bit against the US dollar in response to the RBNZ decision. The current quote is 0.6221. However, the medium-term trend remains as it was: the NZD needs a better foothold than the Reserve Bank of New Zealand can possibly give it. At today’s meeting the RBNZ made an […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0637. Today the market may perform a link of correction to 1.0666. Then the price might drop to 1.0586, and with a breakaway of this level a pathway down to 1.0579 should open. GBPUSD, “Great Britain Pound vs US Dollar” […]
EURUSD, “Euro vs US Dollar” On H4, at the support level the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1.0725. However, the quotes may correct to 1.0620 and continue the uptrend after testing the support level. […]