Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair is correcting in a descending channel. The instrument is going above the Ichimoku Cloud, which indicates prevalence of an uptrend. A test of the upper border of the Cloud is expected at 1.0610, followed by growth to 1.0795. An additional signal confirming the growth will be a […]
On Monday, the BTC is recovering timidly, mostly fluctuating near 22,413 USD. Over the week, the crypto lost 4.42%. Last week was totally unlucky for the BTC. The news inside and outside the market was bad. Anything connected to possible bankruptcy of Silvergate can be a strong negative driver: there are some connections to the […]
The Australian dollar vs the aUs Dollar is balancing under much pressure, trying to stabilise all the time. The current quote is 0.6757. This morning, China has announced that in 2023 its GDP will grow by some 5%. This is quite a modest increase, especially compared to some market estimations of 5.5%. Investors think that […]
BRENT On H4, the quotes have broken through the 200-day Moving Average and are now above it, revealing possible development of an uptrend. The RSI is testing the support level. As a result, we are to expect an upward breakaway of 6/8 (84.38), followed by growth to the resistance level of 8/8 (87.50). The scenario […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Shooting Star reversal pattern. The instrument is now going by the signal in a descending wave. The target of the correction might be 1.3535; later the price might push off it and continue growing. However, the price may rise to 1.3655 without […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0576. The target is local. Today a correction to 1.0620 might form. After it is over, a decline to 1.0563 should follow. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a structure of decline to 1.1924. […]
EURGBP, “Euro vs Great Britain Pound” EURGBP has pushed off the upper border of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 0.8840 is expected, followed by growth to 0.8955. An additional signal confirming the decline will be […]
The BTC weakened quite a bit overnight. By Friday, the leading crypto has dropped to 22,401 USD. The crypto got given away by the inner market news. Most probably, it was the situation with the Silvergate bank, with which several crypto exchanges at once refused to work. Meanwhile, the US stock market remained stable or […]
EURUSD has stabilised after a series of amplitude fluctuations. The current quote is 1.0610. The EU failed to support the EUR by good news. The prelim CPI in February turned out at 8.5% y/y instead of declining to 8.3% y/y, while earlier it was 8.6%. Base inflation is estimated at 5.6% y/y — higher than […]
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the correction might be 1855.00. Upon testing the resistance level, the price may push off it and continue the downtrend. However, the quotes might […]