Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of growth to 1.0720. Today the market has formed a narrow consolidation range around this level and with an escape upwards a link of growth to 1.0775 might follow. After this level is reached, a link of decline to 1.0720 is expected. Then […]
The British pound against the US Dollar has recovered after a previous wave of decline. The current quote is 1.2142. Britain presented the first block of macro statistics scheduled for this week. The unemployment rate in December remained at 3.7%. Average wage in October-December grew by 5.9% from 6.4% earlier. The decline of the growth […]
EURUSD, “Euro vs US Dollar” EURUSD has pushed off the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0755 is expected, followed by falling to 1.0505. An additional signal confirming the decline will be a bounce off the upper […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of decline to 1.0645. Today the market might develop a structure of growth to 1.0695. Next, a decline to 1.0639 and growth to 1.0740 should follow. Then the price might drop to 1.0605, from where the range should extend to 1.0600. The goal […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which reveals possible development of a downtrend. The RSI has broken through the support level. We should expect a downward breakaway of 3/8 (1.0620) and falling to the support level of 2/8 (1.0498). The scenario can be cancelled by rising […]
The BTC is looking for some reasons to return to stable growth, and on Monday has started to gro cautiously. The current quote is 21,874 USD. Over a week, the BTC has lost 4.25%. The losses of the crypto are directly connected to the moods on the US stock market. Investors are nervous, waiting for […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed an Inverted Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the correction might be 1.3400; later the price can bounce off the resistance level and continue the decline. However, the price may drop […]
EURUSD keeps retreating. The current quote is 1.0670. The currency pair dropped to the lows of five months. The reason is the market fear of the lengthy phase of monetary policy tightening by the US Federal Reserve System. First, the US presented the labour market report for January, and it turned out strong. It made […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is going inside the bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.2100 is expected, followed by falling to 1.1835. An additional signal confirming the decline will be a bounce off […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a correction to 1.0790. Today the market is developing a new structure of decline. A link of decline to 1.0690 is expected, followed by growth to 1.0740 and a decline to 1.0655, from where the wave might extend to 1.0610. The goal is local. GBPUSD, […]