Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair continues developing a structure of decline to 1.0612. After this level is reached, a link of correction to 1.0715 is not excluded, followed by a decline to 1.0500. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues developing a structure of decline to 1.1901. After […]
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. The RSI has bounced off the resistance line. As a result, further falling of the price to the nearest support of 5/8 (82.81) is expected. The scenario can be cancelled by […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is declining inside a bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line of the Cloud at 0.6920 is expected, followed by falling to 0.6695. An additional signal confirming the decline will be a bounce off the […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level the pair has formed a Longed Legged Doji reversal pattern. The instrument is now going by the signal in a descending wave. The goal of the pullback might be 1.0600. However, the price may grow to 1.0720 and continue the uptrend without testing the […]
The Australian dollar in the pair with its US counterpart is under pressure. The current quote is 0.6915. Trying to recover, Aussie gets under more and more influence of sellers. The morning Australian statistics have shown that the unemployment rate in January grew to 3.7% from 3.5% previously. At the same time, the number of […]
EURUSD remains under pressure. The current quote is 1.0710. On the whole, the US statistics published yesterday supports market confidence that the Federal Reserve System has reasons for further tightening of the monetary policy. Retail sales in January grew by 3.0% m/m more than expected. After a decline by 1.1% m/m in December, this is […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Longed Legged Doji reversal pattern. The instrument is now going by the signal in a descending wave. The goal of the decline might be 1.3315; later the pair may break through the support level and continue the decline. However, the price may […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, revealing prevalence of a downtrend. The RSI has bounced off the resistance line. A breakaway of 3/8 (0.9216) should be expected, followed by falling to the support level of 2/8 (0.9155). The scenario can be cancelled by rising above the […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting inside the Triangle pattern. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0715 is expected, followed by falling to 1.0525. An additional signal confirming the decline will be a bounce off the upper […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of decline to 1.0660. Today the market might develop a link of correction to 1.0733. Then the quotes might decline to 1.0635 and extend the wave to 1.0595. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a structure of […]