Tag: Roboforex

Feb 21
Ichimoku Cloud Analysis 21.02.2023 (AUDUSD, USDCAD, XAUUSD)

AUDUSD, “Australian Dollar vs US Dollar” The currency pair is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 0.6915 is expected, followed by falling to 0.6735. An additional signal confirming the decline will be a bounce off […]

Feb 21
Japanese Candlesticks Analysis 21.02.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1.3535; then the price might get a chance to break through the resistance level and continue growing. However, the price […]

Feb 20
Murrey Math Lines 20.02.2023 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” On H4, the quotes are under the 200-day Moving Average, revealing prevalence of a downtrend. The RSI is testing the resistance line. Next, a test of 3/8 (1.0620) should be expected, followed by a breakaway and a decline to the support level of 2/8 (1.0498). The scenario can be cancelled […]

Feb 20
EURUSD: time for contemplating. Overview for 20.02.2023

EURUSD started the week neutrally. The current quote is 1.0690. There has already happened a bounce in the market major, and today is a day off in the US, while Europe has not statistics prepared for publication. Investors have got a chance to take a pause and analyse the situation. In fact, there is nothing […]

Feb 20
Ichimoku Cloud Analysis 20.02.2023 (EURUSD, USDJPY, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD has bounced off the lower border of the bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0735 is expected, followed by falling to 1.0465. An additional signal confirming the decline will be a […]

Feb 20
Forex Technical Analysis & Forecast 20.02.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0612 and a correction to 1.0693. Today the market is consolidating under this level. An escape upwards and further falling to 1.0580 are expected. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a wave of decline […]

Feb 20
The cryptocurrency market digest (BTC, FIL). Overview for 20.02.2023

The BTC has started the week by some vague fluctuations near 24,522 USD. As for weekly growth, it amounts to 12.24%. Such a great result, especially in an unstable market. Today the US stock market is shut down because it is Presidents’ Day, which means volatility will be low. Investors need to get above 25,000 […]

Feb 20
Japanese Candlesticks Analysis 20.02.2023 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1866.00. Upon testing the resistance level, the pair may break through it and continue the uptrend. However, the quotes may […]

Feb 17
The cryptocurrency market digest (BTC, ADA). Overview for 17.02.2023

Yesterday the picture in the crypto market was such impressive! On Friday, the BTC still looks strong, preserving weekly growth of 8%. The leading cryptocurrency is now trading at 23,763 USD. So, great news is that the BTC is holding above the important support level of 21,500 USD. After the situation on the platform stabilised, […]

Feb 17
USD rules. Overview for 17.02.2023

EURUSD falling has sped up. The current quote is 1.0640. Yesterday investors got one more confirmation of an increase in the US inflation pressure, and they expressed it enthusiastically. The PPI in January grew by 0.7% m/m instead of 0.4% and after a decline by 0.3% m/m. As for the decline year-by-year, it turned out […]