Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD is correcting inside the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 0.9705 and then resume moving downwards to reach 0.9310. Another signal in favour of a further downtrend will be […]
EURUSD, “Euro vs US Dollar” After completing the descending wave at 0.9700 and then forming a new consolidation range around this level, EURUSD has broken it to the downside to finish another descending structure towards 0.9555. Today, the pair may correct to test 0.9700 from below and then resume falling with the target at 0.9490, […]
EURUSD, “Euro vs US Dollar” EURUSD has completed the correction to test 0.9903 from below. Today, the pair may continue trading downwards with the target at 0.9785. After that, the instrument may form one more ascending structure towards 0.9833 and then start a new decline to reach 0.9760. GBPUSD, “Great Britain Pound vs US Dollar” […]
BRENT As we can see in the H4 chart, Brent is trading below the 200-day Moving Average it to indicate a possible descending tendency. The Relative Strength Index has rebounded from the descending trendline; it is still moving downwards. In this case, the pair is expected to continue falling towards the support at 4/8 (87.50). […]
The BTC is trying to recover, but its hopes were shipwrecked. Yesterday, the major crypto gained almost 4%, but today it is retreating to $19,065. We’ve already told earlier that important support level at $18,000-$19000 “survived”. However, the BTC still stands a good chance to reach this range, because there are no good reasons to […]
The Pound sterling is plunging against the USD. The current quote for the instrument is 1.1158. During its September meeting, the Bank of England raised the benchmark interest rate for the seventh consecutive time, by 50 basis points, to 2.25%. Such a hike was widely expected, but some investors believed it could have been more […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support area, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside correctional target may be at 0.9900. However, an alternative scenario implies that the price may […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is falling within the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 1.1310 and then resume moving downwards to reach 1.1020. Another signal in favour of a further downtrend […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance level, USDCAD may reverse in the form of a new descending impulse. In this case, the downside target may be at 1.3410. Later, the market may rebound from this level […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading above it to indicate a possible ascending tendency. The Relative Strength Index is testing the ascending trendline. In this case, the pair is expected to rebound from 6/8 (0.9643), and then resume […]
