Tag: Roboforex
The BTC has started the week by some vague fluctuations near 24,522 USD. As for weekly growth, it amounts to 12.24%. Such a great result, especially in an unstable market. Today the US stock market is shut down because it is Presidents’ Day, which means volatility will be low. Investors need to get above 25,000 […]
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 growth might be 1866.00. Upon testing the resistance level, the pair may break through it and continue the uptrend. However, the quotes may […]
Yesterday the picture in the crypto market was such impressive! On Friday, the BTC still looks strong, preserving weekly growth of 8%. The leading cryptocurrency is now trading at 23,763 USD. So, great news is that the BTC is holding above the important support level of 21,500 USD. After the situation on the platform stabilised, […]
EURUSD falling has sped up. The current quote is 1.0640. Yesterday investors got one more confirmation of an increase in the US inflation pressure, and they expressed it enthusiastically. The PPI in January grew by 0.7% m/m instead of 0.4% and after a decline by 0.3% m/m. As for the decline year-by-year, it turned out […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a structure of decline to 1.0612. After this level is reached, a link of correction to 1.0715 is not excluded, followed by a decline to 1.0500. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues developing a structure of decline to 1.1901. After […]
Brent On H4, the quotes have broken through the 200-day Moving Average and are now below it, which indicates possible development of a downtrend. The RSI has bounced off the resistance line. As a result, further falling of the price to the nearest support of 5/8 (82.81) is expected. The scenario can be cancelled by […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is declining inside a bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line of the Cloud at 0.6920 is expected, followed by falling to 0.6695. An additional signal confirming the decline will be a bounce off the […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level the pair has formed a Longed Legged Doji reversal pattern. The instrument is now going by the signal in a descending wave. The goal of the pullback might be 1.0600. However, the price may grow to 1.0720 and continue the uptrend without testing the […]
The Australian dollar in the pair with its US counterpart is under pressure. The current quote is 0.6915. Trying to recover, Aussie gets under more and more influence of sellers. The morning Australian statistics have shown that the unemployment rate in January grew to 3.7% from 3.5% previously. At the same time, the number of […]
EURUSD remains under pressure. The current quote is 1.0710. On the whole, the US statistics published yesterday supports market confidence that the Federal Reserve System has reasons for further tightening of the monetary policy. Retail sales in January grew by 3.0% m/m more than expected. After a decline by 1.1% m/m in December, this is […]