Tag: Roboforex
USDCAD, “US Dollar vs Canadian Dollar” On H4, 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 decline might be 1.3315; later the pair may break through the support level and continue the decline. However, the price may […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, revealing prevalence of a downtrend. The RSI has bounced off the resistance line. A breakaway of 3/8 (0.9216) should be expected, followed by falling to the support level of 2/8 (0.9155). The scenario can be cancelled by rising above the […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting inside the Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0715 is expected, followed by falling to 1.0525. 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 1.0660. Today the market might develop a link of correction to 1.0733. Then the quotes might decline to 1.0635 and extend the wave to 1.0595. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a structure of […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are above the 200-day Moving Average, which reveals prevalence of an uptrend. The RSI has bounce off the support level, As a result, the quotes are expected to rise above 7/8 (133.59) and grow to the resistance level of 8/8 (134.37). The scenario can be […]
EURUSD started declining again. The current quote is 1.0720. Yesterday, all eyes were glued to the US inflation report during the trading day. The CPI in January turned out higher than expected again, which let the USD get stronger again. In January, the CPI dropped to 6.4% y/y from 6.5% y/y a month before. However, […]
EURUSD, “Euro vs US Dollar” The currency pair completed a link of growth to 1.0820. Next, the market formed an impulse of decline and its correction to 1.0770. At the moment, the market is forming a consolidation range around 1.0722. An escape downwards and extension of the wave of decline to 1.0627 are expected. After […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has pushed off the upper border of the descending channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper border of the Cloud at 1.2170 is expected, followed by falling to 1.1875. A signal confirming the decline will be […]
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. The instrument may now go by the signal in an ascending wave. The goal of the growth might be 1860.00. After testing the resistance level, the pair might break through it and continue the uptrend. However, the quotes may […]
The BTC found a foothold and recovered. The quote on Wednesday is 22,127 USD. The fact that the BTC has out falling on halt is good news. The market did not reach the support level of 21,500 USD, after all. This means, sliding down to 20,500 USD is postponed. To go on growing, the BTC […]