Tag: Roboforex

Feb 15
Japanese Candlesticks Analysis 15.02.2023 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. The instrument may now go by the signal in an ascending wave. The goal of the growth might be 1860.00. After testing the resistance level, the pair might break through it and continue the uptrend. However, the quotes may […]

Feb 15
The cryptocurrency market digest (BTC, BLUR). Overview for 15.02.2023

The BTC found a foothold and recovered. The quote on Wednesday is 22,127 USD. The fact that the BTC has out falling on halt is good news. The market did not reach the support level of 21,500 USD, after all. This means, sliding down to 20,500 USD is postponed. To go on growing, the BTC […]

Feb 15
GBP gave in to USD. Overview for 15.02.2023

The British pound is again affected by the US dollar. The current quote is 1.2105. The CPI in January in Britain dropped to 10.1% y/y while the forecast was 10.3% y/y. Month-wise, inflation dropped by 0.6% while investors had expected a decline by 0.4%. Thus, inflation continues retreating from the peak of 11.1% that it […]

Feb 14
JPY took a pause. Overview for 14.02.2023

The US dollar in the pair with the Japanese yen found a foothold. The current quote is 132.00. The wave of growth that started in the USD some time ago made the yen go down. Moreover, the market argument that the US Federal Reserve System would go on lifting the interest rate also pressed down […]

Feb 14
Murrey Math Lines 14.02.2023 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes have broken through the 200-day Moving Average and are now above it, which reveals possible development of an uptrend. The RSI has bounced off the support line. An upward breakaway of 7/8 (0.7019) should be expected, followed by growth of the resistance level of 8/8 […]

Feb 14
Japanese Candlesticks Analysis 14.02.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1.0800. However, the price may pull back to 1.0665, bounce off it and continue the uptrend after […]

Feb 14
Forex Technical Analysis & Forecast 14.02.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a link of growth to 1.0720. Today the market has formed a narrow consolidation range around this level and with an escape upwards a link of growth to 1.0775 might follow. After this level is reached, a link of decline to 1.0720 is expected. Then […]

Feb 14
GBP: hidden powers. Overview for 14.02.2023

The British pound against the US Dollar has recovered after a previous wave of decline. The current quote is 1.2142. Britain presented the first block of macro statistics scheduled for this week. The unemployment rate in December remained at 3.7%. Average wage in October-December grew by 5.9% from 6.4% earlier. The decline of the growth […]

Feb 14
Ichimoku Cloud Analysis 14.02.2023 (EURUSD, USDJPY, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD has pushed off the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0755 is expected, followed by falling to 1.0505. An additional signal confirming the decline will be a bounce off the upper […]

Feb 13
Forex Technical Analysis & Forecast 13.02.2023

EURUSD, “Euro vs US Dollar” The currency pair has completed a link of decline to 1.0645. Today the market might develop a structure of growth to 1.0695. Next, a decline to 1.0639 and growth to 1.0740 should follow. Then the price might drop to 1.0605, from where the range should extend to 1.0600. The goal […]