Tag: Roboforex
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI has bounced off the resistance line. As a result, 3/8 (129.68) is expected to be broken away, after which the quotes should fall to the support level of 2/8 (128.12). The […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting inside a Triangle pattern. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the lower border of the Cloud at 1.2305 is expected, followed by growth to 1.2625. An additional signal confirming the growth will be a bounce off […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0802. Today the market has formed a new structure of correction to 1.0868. At the moment, the market is forming a consolidation range around this level. The range might extend to 1.0886. Then the price is going to escape it […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0913. Today the market has formed a structure of decline to 1.0838. At the moment, the market is forming a consolidation range around this level. An escape downwards is expected, followed by the development of a structure of decline to […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI is testing the support line. The price is likely to rise above 2/8 (0.7080) and then grow to the resistance level of 3/8 (0.7202). The scenario can be cancelled by a […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the lower border of the bullish channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper border of the Cloud at 1.0845 is expected, followed by falling to 1.0675. An additional signal confirming the decline will be a […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Hammer reversal pattern. Currently, the pair is going by the signal in an ascending wave. The goal of the correction will be 1.3465; later the pair may bounce off it and continue the decline. However, the price may drop to 1.3310 without […]
XAUUSD, “Gold vs US Dollar” At the support level, 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 1955.00. Upon testing the resistance level, the pair might get a chance for testing it and breaking through it. […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0837. Today the market is correcting to 1.0883. After the correction is over, a decline to 1.0810 will become possible. Then a consolidation range should form around this level, from which the price should escape to 1.0795. The goal is […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.7005 is expected, followed by growth to 0.7315. An additional signal confirming the growth will be a bounce […]