Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair has corrected to 1.0868. After the correction was over, a wave of decline to 1.0793 followed. At the moment, the market is forming a consolidation range around this level. Today an escape upwards is expected, so that the wave will extend to 1.0718. The goal is local. […]
The Japanese yen against the US dollar has dropped noticeably. The current quote is 130.91. Today the BoJ had a meeting where they decided to keep the ultra soft monetary policy in force. The interest rate remained at -0.10% as expected. In the parallel universe, there are market expectations that the CB corrects its monetary […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average which indicates a downtrend. The RSI is nearing the overbought area. As a result, a bounce off 4/8 (131.25) is expected, followed by falling to the support level of 2/8 (128.12). The scenario can be cancelled by rising over […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level the pair has formed a Hammer reversal pattern. The pair is now going by the signal in a correctional wave. The goal of the decline might be 1.3455; then the price may bounce off the resistance level and continue falling. However, the price […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is testing the resistance level. The instrument is going above the Ichimoku Cloud, which implies an uptrend. A test of the Kijun-Sen line is expected at 1.2170, followed by growth to 1.2485. An additional signal confirming the growth will be a bounce off the lower border […]
On Wednesday, the BTC is balancing near 21,278 USD. The bullish mood is still raging over the market, so the pause in buying is is no way suspicious. The buyers are heading for 22,000 USD. The resistance area is between 21,500-22,500 USD. On the whole, the situation is quite benevolent to those who support crypto. […]
The British Pound against the US dollar on Wednesday is ready to keep growing. The current quote is 1.2286 So, Britain presented the first block of interesting macro statistics. The unemployment rate in November did not change, remaining at 3.7%. The number of unemployment claims in December increased to 19.7 thousand from 16.1 thousand. Average […]
On Tuesday, the British pound against the US dollar remains neutral. The current quote is 1.2194. This week, Great Britain will be very active on the macroeconomic calendar. And the news can make the pound nervous. For example, today the employment market statistics for December are due. Both the number of unemployed and average wage […]
The Australian dollar against the US dollar is eager to grow. The current quote is 0.6970. Aussie got support from Chinese statistics. China is the key trade and economic partner of Australia, hence, its statistics are extremely important for the Green continent. So, the Chinese GDP in Q4, 2022 grew by 2.9% y/y, while the […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which implies prevalence of an uptrend. The RSI is testing the support level. A test of 7/8 (0.7019) should be expected, followed by growth to the resistance level of 8/8 (0.7080). The scenario can be cancelled by a downward […]