Tag: Roboforex
On Friday, the market major sticks to its local h8ghs. The current quote is 1.0840. The main event of the previous trading session was the publication of the US inflation reports. This was beautiful. The CPI in December dropped to 6.5% y/y as expected from 7.1% previously. Monthly speaking, inflation decreased by 0.1% after an […]
BRENT On H4, the quotes have broken through the 200-day Moving Average and are now below it, indicating possible development of a downtrend. The RSI is nearing the support level. The quotes are expected to rise above 6/8 (84.38) and then grow to the resistance level of 8/8 (87.50). The scenario can be cancelled by […]
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 an ascending wave. The goal of the growth might be 1.3455; later the price might break through it and extend correction. However, the price may drop […]
EURUSD, “Euro vs US Dollar” The currency pair has completed the main wave of growth to 1.0866. Today a wave of decline to 1.0707 should begin, followed by growth to 1.0786 and a decline to 1.0630, from where the trend might continue to 1.0545. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has […]
EURUSD, “Euro vs US Dollar” The currency pair is correcting after serious growth. The instrument is going above the Ichimoku Cloud, which indicates an uptrend. A test of the Kijun-Sen line at 1.0745 is expected, followed by growth to 1.1025. An additional signal confirming the growth will be a bounce off the lower border of […]
XAUUSD, “Gold vs US Dollar” At the support level, Gold has formed a Hammer reversal pattern. Now it is going by the signal in an ascending wave. The goal of the growth is still 1900.00. Upon testing the resistance level, the pair will get a chance for breaking through it and continuing the uptrend. However, […]
AUDUSD, “Australian Dollar vs US Dollar” The currency pair has pushed off the support level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.6850 is expected, followed by growth to 0.7105. An additional signal confirming the growth will be a bounce […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, indicating prevalence of a downtrend. The RSI is approaching the resistance level. A test of 1/8 (0.9338) is expected here, followed by a bounce off it and falling to the support level of -1/8 (0.9216). The scenario can be […]
On Thursday, the British pound against the US dollar remains neutral. The current quote is 1.2147. According to BRC, retail sales in Britain in December grew by 6.5% y/y. This is higher than forecast and higher than in November. Of course, the time of Christmas sales matters. Yet the situation is good all in all. […]
EURUSD, “Euro vs US Dollar” The currency pair has reached a local goal of the wave of growth at 1.0773. Today a correction to 1.0710 should start. After the correction is over, growth to 1.0788 is expected. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is forming a consolidation range around 1.2140. A […]