Tag: Roboforex

Feb 07
Forex Technical Analysis & Forecast 07.02.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0709. Today a consolidation range may form above this level. A link of growth to 1.0757 and a decline to 1.0699 should follow. After this level is reached, a link of correction to 1.0791 is not excluded, followed by a […]

Feb 07
Ichimoku Cloud Analysis 07.02.2023 (EURUSD, GBPUSD, AUDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is descending by a bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.0780 is expected, followed by falling to 1.0530. An additional signal confirming the decline will be a bounce off the upper border of the […]

Feb 07
Japanese Candlesticks Analysis 07.02.2023 (XAUUSD, NZDUSD и GBPUSD)

XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. Currently, the instrument might go by the pattern in an ascending wave. The goal if the growth might be 1895.50. After a test of the resistance level, the pair might break through it and continue the uptrend. However, the […]

Feb 07
JPY is retreating. Overview for 07.02.2023

The Japanese yen against the US Dollar started declining. The current quote is 132.13. Morning reports demonstrated that household spending in Japan in December has dropped by 1.3% y/y, while a month before it had dropped by 1.2%. Meanwhile, the forecasts were quite optimistic, suggesting a decline by 0.3% y/y. These statistics are leading and […]

Feb 06
EURUSD took a pause. Overview for 06.02.2023

EURUSD has used all the active signals and is waiting for new ones. The current quote is 1.0800. Many things have happened. The US Federal Reserve System carried out its long-awaited meeting, where they decided to lift the interest rate by 25 base points and gave quite controversial signals. Practically, they said that would be […]

Feb 06
Murrey Math Lines 06.02.2023 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, indicating prevalence of an uptrend. The RSI is nearing the oversold area. Currently, we expect a test of 4/8 (1.0742), a bounce off it, and growth to the resistance level of 5/8 (1.0742). The scenario can be cancelled by a […]

Feb 06
Ichimoku Cloud Analysis 06.02.2023 (NZDUSD, USDCAD, USDCHF)

NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is correcting after a serious decline. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 0.6380 is expected, followed by falling to 0.6155. An additional signal confirming the decline will be a bounce off the lower border […]

Feb 06
Japanese Candlesticks Analysis 06.02.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. Now the pair can go by the reversal signal in an ascending wave. The goal of the growth might still be 1.0930. However, the pair may pull back to 1.0715, bounce off it and continue […]

Feb 06
The cryptocurrency market digest (BTC, ADA). Overview for 06.02.2023

The BTC lost its foothold and dropped to 22,787 USD. The decline over the week amounts to 3.95%. After last Friday the US employment statistics was out, investors got anxious about future reactions of the Fed. The report was strong, which could assure the Fed about further tightening the credit and monetary policy. This is […]

Feb 06
Forex Technical Analysis & Forecast 06.02.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0818. Today a consolidation range may form around this level. With an escape upwards, a link of correction to 1.0930 is not excluded. With an escape downwards, a pathway to 1.0760 should open, from where the wave might continue to […]