Tag: Roboforex
Brent On H4, Brent quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI is testing the support level. As a result, a bounce off 5/8 (82.81) downwards is expected, followed by falling to the support level of 4/8 (81.25). This scenario can be cancelled by rising over the resistance […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0785 is expected, followed by falling to 1.0565. An additional signal confirming the decline will be a bounce off the upper […]
XAUUSD, “Gold vs US Dollar” At the support level, Gold has formed an Inverted Hammer reversal pattern. Currently, the instrument can go by the signal in an ascending wave. The goal of the growth might be 1890.50. Upon testing the resistance level, the pair might get the chance to break through it and continue the […]
The BTC dropped again. The market melted down under the fears of the upcoming steps of the Federal Reserve System. The US stock indices slid down, and because of high levels of correlation with them the BTC lost balance as well. For the buyers, the situation looks disquieting because the price has dropped under the […]
EURUSD got depressed again. The current quote is 1.0720. The falling of the market major overnight is not the most common event, but now it looks normal. Investors are cautious, waiting for inflation statistics. The publication is scheduled for the next week. The scariest thing for the market is the probability of the economic slow-down […]
EURUSD is hardly moving. The current quote is 1.0730. The market has lived through serious changes in the moods – from panicking about statistics to becoming neutral again. This is time to get your nerve back. Meanwhile, inflation remains one of the crucial topics. For example, an ECB representative Klaas Knot voiced yesterday that the […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, revealing prevalence of a downtrend. The RSI is testing the support level. A downward breakaway of 2/8 (0.9155) is expected, followed by falling to the support level of 1/8 (0.9094). The scenario can be cancelled by rising over the […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range around 1.0711. A link of growth to 1.0777 is not excluded, followed by falling to 1.0615. The goal is local. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues forming a consolidation range around 1.2044. Today a link of growth […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair 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 1.0825. However, the pair may pull back to 1.0700, bounce off it and continue the uptrend after […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting in a Wedge reversal pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.2120 is expected, followed by falling to 1.1845. An additional signal confirming the decline will be a bounce off the upper […]