Tag: Roboforex
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI has bounced off the support line. As a result, a test of 7/8 (1.0925) should be expected, followed by a breakaway and growth to the resistance level of 8/8 (1.0986). The scenario […]
EURUSD, “Euro vs US Dollar” The currency pair has completed the first impulse of decline to 1.0850. Today the market has completed a correction of this wave to 1.0899. At the moment, the quotes are forming a new impulse of decline to 1.0850. Then a consolidation range should form around this level, followed by an […]
Brent On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI has broken through the resistance line. The quotes are now expected to rise above 8/8 (87.50) and later reach the resistance level of +2/8 (90.62). The scenario can be cancelled by a downward breakaway of the […]
EURUSD, “Euro vs US Dollar” EURUSD 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 1.0840 is expected, followed by growth to 1.1055. An additional signal confirming the growth will be a bounce off […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Harami reversal pattern. The instrument may now go by the signal in an ascending wave. The goal of the growth will be 1.0980. However, the price may pull back to 1.0830, bounce off the level, and continue the uptrend […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range around 1.0890. Today the market has extended it to 1.0924. A link of decline to 1.0890 is expected. Then growth to 1.0946 might follow. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a new link of growth to […]
XAUUSD, “Gold vs US Dollar” Gold has secured above 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 1925 is expected, followed by growth to 1995. An additional signal confirming the growth will be a bounce off the lower […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the currency pair has formed a Harami reversal pattern. The pair may now go by the pattern in a descending wave. The goal of the decline might be 1.3325; later the pair may break through the support level and continue the decline. However, the price may pull […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI has bounced off the support level. As a result, a downward breakaway of 2/8 (0.9155) is expected, followed by falling to the support level of 1/8 (0.9094). The scenario can be […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, which implies a downtrend. The RSI is nearing the resistance line. A test of 3/8 (129.68) is expected, followed by a breakaway and falling to the support level of 2/8 (128.12). The scenario can be cancelled by rising over […]