Tag: Roboforex

Apr 19
The Aussie might take a break from falling. Overview for 19.04.2022

AUDUSD is slowing down its decline in response to the RBA Meeting Minutes. The Australian Dollar is taking a break from falling against the USD. The current quote for the instrument is 0.7389. Earlier today, the Reserve Bank of Australia released its latest Meeting Minutes, which provided the Aussie with serious support. The Australian currency […]

Apr 19
Ichimoku Cloud Analysis 19.04.2022 (EURUSD, XAUUSD, USDCAD)

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen at 1.0781; it is testing the downside border of a large Triangle pattern. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0835 and then resume moving […]

Apr 18
Japanese Candlesticks Analysis 18.04.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed an Inverted Hammer reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new ascending impulse. In this case, the upside target may be at 1.0840. However, an alternative scenario […]

Apr 18
Murrey Math Lines 18.04.2022 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to continue falling to reach the support at -1/8. Still, this scenario may no longer be valid if the price breaks […]

Apr 18
The cryptocurrency market digest (BTC, XRP). Overview for 18.04.2022

Not much has changed about the situation in the BTC lately. Over a week, the price of the leading cryptocurrency dropped by 4.7%; on Monday, the BTC is falling down to $39,000. On the one hand the quotes remain tightly bound to the US stock indices, Nasdaq in particular, and things are getting rather tough. […]

Apr 18
Forex Technical Analysis & Forecast 18.04.2022

EURUSD, “Euro vs US Dollar” EURUSD continues falling towards 1.0750 and may later start a new correction to reach 1.0830. After that, the instrument may resume trading downwards with the target at 1.0730. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD completed the descending wave at 1.3018. Today, the pair may consolidate around this level. […]

Apr 18
The Yen reached new lows. Overview for 18.04.2022

After updating its 20-year high, USDJPY continues rising.  The Japanese Yen remains very weak against the USD. The current quote for the instrument is 126.65. The JPY is mostly pressured by the “greenback” and the US Fed’s monetary policy. Because of high inflation, the American regulator had to tighten its monetary policy, thus supporting the […]

Apr 18
Ichimoku Cloud Analysis 18.04.2022 (AUDUSD, CHFJPY, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the support level at 0.7358; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.7370 and then resume moving downwards to reach 0.7275. Another signal in favour of a […]

Apr 15
The cryptocurrency market digest (BTC, ETH, AVAX). Overview for 15.04.2022

No changed in the BTC so far. On Friday 15 April, the major cryptocurrency is trading at $40,144. There isn’t too much activity – the Catholic countries are celebrating Good Friday today, so exchanges are closed. Yesterday, the US release a pretty good report on the retail sales – the population continues buying despite the […]

Apr 15
The Euro hit a new bottom. Overview for 15.04.2022

EURUSD dropped to its 2-year lows; the asset is looking really weak. The major currency pair updated its lows yesterday. Right now, it is trying really hard to reach stability. The current quote for the instrument is 1.0806. The European Central bank had a meeting yesterday and decided to change absolutely nothing. The benchmark interest […]