Tag: Roboforex
USDJPY is falling on Thursday after interventions by the Bank of Japan. The Japanese Yen reached stability against the USD. The current quote for the instrument is 142.85. The Yen was weakening against the USD yesterday but managed to reach stability this morning. The Japanese currency might be interesting for investors as a “safe haven” […]
EURUSD reached another bottom, the lowest in the last 20 years. The major currency pair continues to retreat on Thursday. The current quote for the instrument is 0.9866. The USD is in high demand from investors who are trying to escape risks. So, the most important monetary event of the month is over – the […]
EURUSD, “Euro vs US Dollar” EURUSD has fixed above the support level. 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 0.9895 and then resume moving downwards to reach 0.9365. Another signal in favour of a further downtrend will be […]
EURUSD, “Euro vs US Dollar” EURUSD has completed the descending wave at 0.9814 along with the correction up to 0.9900. Today, the pair may resume trading downwards with the target at 0.9800, or even extend this structure down to 0.9760. GBPUSD, “Great Britain Pound vs US Dollar” Having finished the descending wave at 1.1237 along […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading near the downside border of the “overbought area”. In this case, the price is expected to rebound from 8/8 and then correct down to the support at 6/8. However, this scenario may no longer be valid if the […]
GBPUSD is plummeting non-stop. The Pound Sterling reached another low against the USD. The current quote for the instrument is 1.1343. American dollar is putting more and more pressure on the currency market. Most investors are trying to escape risks considering the current escalation in geopolitics and the increasing possibility of a recession. On Thursday, […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the resistance level. 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 1.1425 and then resume moving downwards to reach 1.1125. Another signal in favour of a further downtrend […]
The crypto market continues falling. On Wednesday, the BTC is approaching $18,865. One of the most important things is an increase in the correlation between the S&P 500 index and the BTC – it’s 72% now, which is very close to the May high. What does it mean? It means that almost all risky assets […]
EURUSD is falling pressured by the “greenback”; market players are focused on the Fed meeting. The major currency pair is falling on Wednesday. The current quote for the instrument is 0.9927. All investors are focused on the Fed’s meeting to be over later in the evening, where the regulator is expected to announce its rate […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset may reverse in the form of a new ascending impulse. In this case, the upside correctional target may be at 1685.00. At the same […]
