Tag: Roboforex

Feb 22
Ichimoku Cloud Analysis 22.02.2023 (EURUSD, GBPUSD, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is pushing off the signal lines of the Cloud. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0685 is expected, followed by falling to 1.0465. An additional signal confirming the decline will be a bounce […]

Feb 22
The cryptocurrency market digest (BTC, eNaira). Overview for 22.02.2023

By the middle of the week, the BTC has dropped to 24,040 USD. Since yesterday, the leading crypto has lost more than 3.5% of the price. The market failed to reach 25,000 USD – an important resistance level that could open a pathway to 29,000-30,000 USD. Investors are considering the Fed’s monetary policy again and […]

Feb 21
AUD: more chances for decline. Overview for 21.02.2023

The Australian dollar in the pair with its American colleague starts falling again and again. The current quote is 0.6894. The morning statistics from Australia demonstrated that the prelim PMA in February grew to 50.1 points from 50.0 points previously. This growth is purely symbolic but it still makes the market optimistic. The prelim PMA […]

Feb 21
EUR had to retreat again. Overview for 21.02.2023

EURUSD got stressed out again. The current quote is 1.0660. As there was no news or important events while the macroeconomic calendar was empty and the US market was shut down yesterday, investors turned to the Federal Reserve System policy again. The main idea is that the Fed will have to remain carnivorous because it […]

Feb 21
Forex Technical Analysis & Forecast 21.02.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a correctional wave to 1.0700. Today the market is consolidating under this level. An escape downwards and a decline to 1.0637 are expected. And with a breakaway of this level downwards as well, a pathway for a wave of decline to 1.0579 will open. GBPUSD, […]

Feb 21
Murrey Math Lines 21.02.2023 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, revealing prevalence of a downtrend. The RSI has bounced off the resistance line. Now, a downward breakaway of 5/8 (0.6897) is to be expected, followed by falling to the support level of 4/8 (0.6835). The scenario can be cancelled […]

Feb 21
Ichimoku Cloud Analysis 21.02.2023 (AUDUSD, USDCAD, XAUUSD)

AUDUSD, “Australian Dollar vs US Dollar” The currency pair is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 0.6915 is expected, followed by falling to 0.6735. An additional signal confirming the decline will be a bounce off […]

Feb 21
Japanese Candlesticks Analysis 21.02.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” On H4, 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 1.3535; then the price might get a chance to break through the resistance level and continue growing. However, the price […]

Feb 20
Murrey Math Lines 20.02.2023 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” On H4, the quotes are under the 200-day Moving Average, revealing prevalence of a downtrend. The RSI is testing the resistance line. Next, a test of 3/8 (1.0620) should be expected, followed by a breakaway and a decline to the support level of 2/8 (1.0498). The scenario can be cancelled […]

Feb 20
EURUSD: time for contemplating. Overview for 20.02.2023

EURUSD started the week neutrally. The current quote is 1.0690. There has already happened a bounce in the market major, and today is a day off in the US, while Europe has not statistics prepared for publication. Investors have got a chance to take a pause and analyse the situation. In fact, there is nothing […]