Tag: Roboforex

Oct 26
Pound is craving for growth. Overview for 26.10.2022

The British pound grew quite a deal against the USD. The current quote is 1.1570. Firstly, GBP fans made good use of the decline of the US dollar and played back a part of previous losses. Secondly, political ambiguity ended by the appointment of Rishi Sunak the Prime Minister, which is again good for the […]

Oct 26
Euro/dollar: parity again. Overview for 26.10.2022

On Wednesday, the market major reached parity. The current quote is 1.0000. On the one hand, the US dollar got seriously affected by the disappointing statistics from yesterday. The Conference Board CCI in October dropped to 102.5 from 107.8 previously. The forecast had suggested a decline to 105.90. The dwelling prices statistics never impressed the […]

Oct 25
Forex Technical Analysis & Forecast 25.10.2022

EURUSD, “Euro vs US Dollar” Today the pair continues forming a consolidation range around 0.9877. Another link of growth to 0.9944 is expected, and after it is reached, a decline to 0.9791 might start. GBPUSD, “Great Britain Pound vs US Dollar” The pair continues forming a consolidation range around 1.1326. Another link of growth to […]

Oct 25
Murrey Math Lines 25.10.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, indicating the prevalence of a downtrend. The RSI has broken through the support level. A test of 3/8 (0.6225) should be expected, followed by a breakaway and falling to the support level of 2/8 (0.6103). The scenario can be cancelled […]

Oct 25
Japanese Candlesticks Analysis 25.10.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Harami reversal pattern. If the pair now goes by the signal, it will end up in a descending wave. The goal of the decline is 0.9795. However, the pair may still rise to 0.9925, bounce off it, and continue […]

Oct 25
Pound is looking for foothold. Overview for 25.10.2022

On Tuesday, the British pound against the US dollar looks neutral. The current quote is 1.1300. The main political intrigue of Great Britain got solved faster than anyone could expect. The new head of the Conservative Party and simultaneously the new PM was elected Rishi Sunak. He is the first PM of Indian origin and […]

Oct 25
Euro has grown. Overview for 25.10.2022

On Tuesday, the currency major remains neutral. The current quote is 0.9880. On the whole, capital markets have been stable for two days already. This, however, might be a still before a storm. The German business sentiment index in October dropped to 84.3 from 84.4 previously. Statistics turned out better than expected but globally gives […]

Oct 25
Ichimoku Cloud Analysis 25.10.2022 (AUDUSD, BRENT, EURJPY)

AUDUSD, “Australian Dollar vs US Dollar” The pair is going above the Ichimoku Cloud, indicating an uptrend. A test of the upper border of the Cloud at 0.6305 is expected, followed by growth to 0.6525. An additional signal confirming the growth will be a bounce off the upper border of the descending channel. The scenario […]

Oct 24
Murrey Math Lines 24.10.2022 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” On H4, the quotes failed to rise over the 200-days Moving Average and for now remain under it. The RSI has bounced off the resistance level. A test of 0/8 (0.9765) is to be expected, followed by a breakaway and falling to the support level of -1/8 (0.9643). The scenario […]

Oct 24
Ichimoku Cloud Analysis 24.10.2022 (NZDUSD, USDCHF, USDCAD)

NZDUSD, “New Zealand Dollar vs US Dollar” The pair us pushing off the resistance level, going under the Ichimoku Cloud, which means it is in an uptrend. A test of the signal lines of the indicator at 0.5715 is expected, followed by growth to 0.5925. An additional signal confirming the growth will be a bounce […]