Tag: Roboforex

Oct 24
EURUSD: Fed’s interest rate is in focus again. Overview for 24.10.2022

On Monday, the EURUSD major looks quite stable. The current quote is 0.9840 In the US Fed, they are discussing an increase in the interest rate by 75 base points again, as reported in a WSJ publication. Some members of the monetary committee do not exclude the chance for a slow-down in the tightening of […]

Oct 21
Forex Technical Analysis & Forecast 21.10.2022

EURUSD, “Euro vs US Dollar” EURUSD worked off a downward wave to 0.9752 and a correction to 0.9844. Today the market is forming another wave of decline to the level of 0.9733. After its breakdown, we expect the formation of the consolidation range around this level. Upon release from the range down, we will consider […]

Oct 21
The cryptocurrency market digest (BTC, Ripple). Overview for 21.10.2022

The main cryptocurrency is gradually declining. By Friday, the price is fluctuating around 19030 USD. The BTC is getting closer and closer to the strong support area of 18000-19000 USD. Let’s see if it holds back these not aggressive, but consistent bear attacks. The main market motive is still the expectation of a future interest […]

Oct 21
The Pound “says goodbye” to the prime minister. Overview for 21.10.2022

The British pound sterling is down against the US dollar on Friday. The current quote in GBPUSD is 1.1190. So, another political intrigue in the UK has been resolved. Prime Minister Liz Truss has resigned over the consequences of the economic programme she was promoting. “A ‘split’ in the ranks of the Conservative Party is […]

Oct 20
The Euro has retreated after all. Overview for 20.10.2022

The main currency pair was slightly below previous levels by Thursday. The current quote in EURUSD is 0.9770. There was no particularly “minor” news on the ground. But investors were sensitive to the global “mood” and started to walk away from the risks. US statistics released the day before were mixed. The number of building […]

Oct 20
The Yen is even weaker. Overview for 20.10.2022

The Japanese yen paired with the US dollar has fallen to another low in more than 30 years. The current quote in the USDJPY is 149.94. The devaluation of the yen is “in full swing” and this is now really scaring the monetary authorities in Japan. The situation is clearly spiralling out of control. This […]

Oct 20
Forex Technical Analysis & Forecast 20.10.2022

EURUSD, “Euro vs US Dollar” EURUSD is out of a downward consolidation range. Today we expect a test from the bottom at 0.9797. Further down to 0.9720 with the prospect of trend continuation to 0.9710. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has broken down to 1.1260. We consider the possibility of a continuation […]

Oct 19
The Yen is “knocked out”. Overview for 19.10.2022

The Japanese yen paired with the US dollar has updated another low. The current quote in the USDJPY is 149.38. The depreciation of the yen seems to have gained a “second wind” – the rate of decline of the Japanese currency has increased recently. It is likely that this is due to the fact that […]

Oct 19
The cryptocurrency market digest (BTC, APTOS). Overview for 19.10.2022

BTC did not rise following the stock market and even declined. The flagship cryptocurrency is holding around 19,157 USD on Wednesday. BTC’s correlation with the S&P 500 and Nasdaq indices has momentarily weakened. This is due to a lack of liquidity on the floor, as well as the formation of bearish signals on time frames […]

Oct 19
EURUSD is stable. Overview for 19.10.2022

The main currency pair looks stable on Wednesday. The current quote in EURUSD is 0.9830. The day before there was a local increase in risk appetite. On the one hand, spot gas prices in Europe have normalised. This is due to the high level of gas storage capacity (e.g. 97% in Germany) and the warm […]