Tag: Roboforex
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 […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support area during the pullback, EURUSD may reverse in the form of a new rising impulse. In this case, the upside correctional target may be at 0.9980. However, an alternative scenario implies that […]
The Australian Dollar reached stability against the USD on Thursday. The current quote for the instrument is 0.6534. The Aussie had difficult times handling the RBA’s decision to raise the benchmark interest rate below market expectations. The next thing that put pressure on the Australian currency was a local recovery of the “greenback”. However, these […]
The major currency pair is consolidating on Thursday. The current quote for the instrument is 0.9910. Yesterday, a situation arose when investors seemed to be ready to break parity amid global risk attitude and sentiment improvement. However, cautiousness prevailed. The final data published by the Euro Area showed that the Services PMI dropped to 48.8 […]
USDJPY, “US Dollar vs Japanese Yen” In the H4 chart, USDJPY is trading within the “overbought area”. The Relative Strength Index is slowly moving towards 30. In this case, the pair is expected to break 8/8 (143.75) and then continue falling to reach the support at 7/8 (142.18). However, this scenario may be cancelled if […]
EURUSD, “Euro vs US Dollar” After completing the ascending wave at 0.9872 and then forming a new consolidation range around this level, EURUSD has broken it to the upside to reach 0.9990 and may later start a new decline to return to 0.9872. After that, the instrument may form one more ascending structure towards 1.0010 […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support level, USDCAD is reversing in the form of a new rising wave. In this case, the upside target may be at 1.3700. Later, the market may break the resistance area and […]
The BTC recovered pretty much, but doesn’t want to follow the American stock market. On Wednesday, the asset is mostly fluctuating at $20,238. So, the major crypto was supported from two sides: a rebound of the American exchanges and a correction in the DXY. All technical aspects for the BTC remain pretty much the same, […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rising inside the bullish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.1375 and then resume moving upwards to reach 1.1895. Another signal in favour of a further uptrend […]
