Tag: Roboforex
The Japanese yen against the US dollar is getting every moment weaker. The current USDJPY quote is 140.54. The morning Japanese statistics show that in Q3 the GDP of the country dropped by 1.2% y/y, while the forecast was a decline by 1.1% y/y. Quarter-wise, the decline was 0.3% against the expected growth by 0.3%. […]
EURGBP, “Euro vs Great Britain Pound” The pair is correcting by the Triangle pattern, going above the Ichimoku Cloud, which indicates an uptrend. A test of the upper border of the Cloud at 0.8725 is expected, followed by growth to 0.8965. An additional signal confirming the growth will be a bounce off the lower border […]
XAUUSD, “Gold vs US Dollar” At the resistance level, the instrument has formed a Shooting Star reversal pattern. Currently, the pair may go by the signal in a yet another correction wave. The goal of the pullback will be 1745.00. After a test of the support level, gold may bounce off it and continue the […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates an uptrend. However, the RSI has already reached the overbought area. As a result, we should expect a test of 4/8 (1.0253), a breakaway of it, and falling to the support level of 3/8 (1.0131). The scenario can […]
On Monday, the BTC is balancing near 16,746 USD. The morning session was much more complicated than expected, with a noticeable decline and sales. Losses of the BTC over the week exceeded 20%. The crucial reason for the sales, as you remember, is the story with Binance and FXT. At the market, they are actively […]
GBPUSD GBPUSD is testing the Tenkan-Sen line of the indicator, going above the Cloud, which indicates an uptrend. A test of the Kijun-Sen line is expected at 1.1600, followed by growth to 1.2175. An additional signal confirming the growth will be a bounce off the lower border of the ascending channel. The scenario can be […]
The British pound against the US dollar is at the highs since the end of August. The current quote is 1.1789. The main trigger for the growth of the GBP is the weakness of the USD. This is the factor that has let the pound climb up so high. Fundamentally speaking, there are very few […]
EURUSD, “Euro vs US Dollar” The currency pair completed a wave of growth to 1.0360. At the moment, the market is forming a consolidation range under this level. Today we expect an escape downwards to 1.0145, followed by growth to 1.0260 and a decline to 1.0080, from where the wave may continue to 1.0000. GBPUSD, […]
BRENT On H4, Brent quotes have broken through the 200-day Moving Average and are now below it, which signifies possible development of a downtrend. The RSI is testing the resistance line. In such circumstances, we should expect a downward breakaway of 6/8 (93.75) and subsequent falling to the support level of 5/8 (90.62). The scenario […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Harami reversal pattern. Currently, the pair may go by the reversal signal in the form of a correctional wave. The goal of the decline will be 1.0170. However, the price may grow to 1.0310, break through this level, and […]
