Tag: Roboforex
EURUSD, “Euro vs US Dollar” After completing the descending wave at 0.9748, EURUSD is consolidating there. Possibly, the pair may resume falling to break 0.9680 and then continue trading downwards with the target at 0.9500. GBPUSD, “Great Britain Pound vs US Dollar” Having formed a new consolidation range around 1.1154 and breaking it to the […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance level, USDCAD may reverse in the form of a new descending wave. In this case, the downside correctional target may be at 1.3665. Later, the market may rebound from the […]
The major currency pair remains weak. The current quote for the instrument is 0.9720. The labour market statistics for September published by the US last Friday were quite positive. For example, the Unemployment Rate dropped to 3.5% after being 3.7% the month before, although it wasn’t expected to change. The Average Hourly Earnings added 0.3% […]
BRENT As we can see in the H4 chart, after breaking the 200-day Moving Average, Brent is trading above it to indicate a possible ascending tendency. However, there is divergence on the Relative Strength Index, which is a signal in favour of decline. In this case, the pair is expected to break 6/8 (93.75) and […]
EURUSD, “Euro vs US Dollar” After completing the descending wave at 0.9800, EURUSD is consolidating there. Possibly, the pair may resume falling to break 0.9700 and then continue trading downwards with the target at 0.9500. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has broken 1.1200; right now, it is still falling towards 1.1000. After […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Shooting Star reversal pattern not far from the resistance area. At the moment, the asset may reverse in the form of a new descending wave. In this case, the downside target may be at 1690.00. At the same […]
BTC is falling again. On Friday, the asset is mostly trading at $19,921. The current market situation is quite usual. Global market players are trying to avoid risks in stock markets, so they are currently not interested in crypto assets. The correlation between S&P 500/NASDAQ and the BTC remains quite strong. American investors are once […]
The major currency pair is looking weak on Friday. The current quote for the instrument is 0.9800. Investors revived their interest in “safe haven” assets amid deterioration of market sentiment and the USD is taking the centre stage. At the same time, the Euro is getting weaker after the comments from the International Monetary Fund […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading above the 200-day Moving Average to indicate a possible ascending tendency. The Relative Strength Index has rebounded from the support. In this case, the pair is expected to break 5/8 (0.9826) and then continue growing towards the resistance […]
EURUSD, “Euro vs US Dollar” After completing the descending wave at 0.9834 along with the correction up to 0.9922, EURUSD is expected to fall to break 0.9800 and then continue trading downwards with the short-term target at 0.9744. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has finished the descending structure at 1.1226 along with […]
