Tag: Roboforex
Brent On H4, the quotes have broken through the 200-day Moving Average and are now below it, which indicates possible development of a downtrend. However, the RSI has reached the oversold area, which is a signal for a correction. So, a test of 4/8 (81.25) is expected, followed by a bounce off it and growth […]
EURUSD, “Euro vs US Dollar” The currency pair has completed the second structure of growth to 1.1030. The goal is local. After this level got reached, the market got an impulse of correcting decline. This correction might develop further to 1.0680. After the correction is over, another structure of growth to 1.1080 should develop. GBPUSD, […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0885. Today a consolidation range is forming above this level. With an escape upwards, a link of correction to 1.0960 should form. With an escape downwards, a pathway to 1.0850 should open, from where the wave might continue to 1.0783. […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting after a strong bullish impulse. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0885 is expected, followed by growth to 1.1115. An additional signal confirming the growth will be a bounce off the […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Hammer reversal pattern. The pair is now going by the reversal signal in an ascending wave. The goal of the correction might be 1.3375; later the price can bounce off it and continue the decline. However, the price may fall to 1.3260 […]
XAUUSD, “Gold vs US Dollar” At the resistance level, gold has formed a Shooting Start reversal pattern. The instrument may now go by the pattern in a descending wave. The goal of the correction might be 1942.50. Upon testing the support level, the price may bounce off it and continue the uptrend. However, the quotes […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are nearing the oversold area, while the RSI has already got to its own. As a result, a test of 0/8 (0.9033) is expected, followed by a bounce off it and growth to the resistance level of 2/8 (0.9155). The scenario can be cancelled by […]
EURUSD, “Euro vs US Dollar” The currency pair escaped a consolidation range upwards and completed an extension wave to 1.1030. Today a correction to 1.0906 might happen, followed by growth to 1.0960. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a wave of decline to 1.2272. Today a structure of growth […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is testing the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.7080 is expected, followed by growth to 0.7375. An additional signal confirming the growth will be a bounce off the lower […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. The pair may now go by the signal in an ascending wave. The goal of the growth may be 1.0930. However, the price may pull back to 1.0830, bounce off it, and continue the uptrend after […]