Tag: Roboforex
EURUSD, “Euro vs US Dollar” On H4, at the resistance level the pair has formed a Shooting Star reversal pattern. Currently, the pair may go by the signal in a correctional wave. The goal of the decline will be 1.0311. However, the price may still continue the uptrend with our correcting to the support level. […]
EURUSD, “Euro vs US Dollar” The pair has secured under the Tenkan-Sen line and is preparing to develop a correction by the Head and Shoulders pattern. The pair is going above the Ichimoku Cloud, which indicates an uptrend. A test of the Kijun-Sen line at 1.0220 is expected, followed by growth to 1.0685. An additional […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI is testing the descending trendline. As a result, we should expect a test of 1/8 (139.06), a breakaway of it, and falling to the support level of 0/8 (137.50). The […]
Volatility in the BTC has somewhat subsided. On Wednesday, it is mainly fluctuating near 16,860 USD. Buyers are very cautious, minimum active. As expected, the market will need a lot of time to acquire at least some balance at the platform. After the story with Binance and FXT investors remain noticeably stressed out. Even more […]
EURUSD, “Euro vs US Dollar” The pair has extended the consolidation range to 1.0480. At the moment the market performed an impulse of decline to 1.0280. Today the market has corrected this impulse to 1.0386. At the moment, the market is forming a new consolidation range under this level. The main scenario is an escape […]
The British pound against the US dollar continues growing. The current quote is 1.1860. The weakness of the USD is actively used by pound fans to help the GBP recover after preceding crashes. On Wednesday, a large block of statistics is due in Great Britain. Take a look at the CPI in October. British inflation […]
The market major on Wednesday preserves its impulse of growth. The current quote is 1.0350. The main reason for the crash of the USD and the sky-rocketing of the EUR is the all-market strong belief that at the meeting in December the Federal Reserve System will change its policy. Looks like these are the expectations […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates an uptrend. The RSI is nearing the overbought area. We should expect rising over 7/8 (0.6713) and growth to the resistance level of 8/8 (0.6835). The scenario can be cancelled by a breakaway of the support level […]
EURUSD, “Euro vs US Dollar” The pair has completed a wave of decline to 1.0270 and a link of growth to 1.0357. At the moment, the market is forming a consolidation range under this level. With an escape upwards, the range may extend to 1.0410. With an escape downwards, a pathway to 1.0175 will open. […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. Currently, the pair is going by the signal in an ascending wave. The goal of the growth will be 1.3880; later the price may bounce off the resistance level and extend the downtrend. However, the […]
