Tag: Roboforex
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 […]
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” […]