Tag: Roboforex
XAUUSD, “Gold vs US Dollar” At the resistance level, gold has formed a Hanging Man reversal pattern. The pair is now going by the signal in a descending wave. The goal of the correction might be 1915.00. Upon testing the support level, the pair will get the chance for bouncing off it and continue the […]
EURUSD, “Euro vs US Dollar” The currency pair might demonstrate a structure of decline to 1.0835. Today the market has developed a structure of growth to 1.0892. At the moment, the market is forming a consolidation range around this level. With an escape upwards, the price might leap up to 1.0940. With an escape downwards, […]
EURUSD, “Euro vs US Dollar” The currency pair is testing the broken resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0860 is expected, followed by growth to 1.1035. An additional signal confirming the growth will be a bounce off […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are nearing the overbought area, while the RSI is nearing the resistance line. A test of 8/8 (0.7080) should be expected, followed by a bounce off it and falling to the support level of 6/8 (0.6958). The scenario can be cancelled by rising over the […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. The pair now continues going by the signal in an ascending wave. The goal of the growth might be 1.0960. However, the price may pull back to 1.0835, bounce off it, and continue the uptrend […]
EURUSD, “Euro vs US Dollar” The currency pair has corrected to 1.0846. Today the market goes on developing a structure of growth to 1.0948. After this level is reached, the pair may correct to 1.0840. Then the quotes might grow to 1.0965 and extend the wave to 1.0980. GBPUSD, “Great Britain Pound vs US Dollar” […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF is correcting in a descending channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper border of the Cloud at 0.9230 is expected, followed by falling to 0.9045. An additional signal confirming the decline will be a bounce off the […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are in the overbought area. The RSI is also nearing the overbought area. As a result, a downward breakaway of +1/8 (1.0864) should be expected, from where the price might fall to the support level of 8/8 (1.0741). The scenario can be cancelled by rising over […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the currency pair has formed a Hammer reversal pattern. The pair is now going by the signal in a correctional wave. The goal of the pullback might be 1.3450; then the price may bounce off the resistance level and continue the decline. However, […]
EURUSD, “Euro vs US Dollar” The currency pair has formed a consolidation range around 1.0860 and today with an escape upwards the wave of growth might extend to 1.0941. Then falling to 1.0872 should follow, after which the price might leap up to 1.0960. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has […]