Tag: Roboforex
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 […]
XAUUSD, “Gold vs US Dollar” At the resistance level, Gold has formed an Engulfing reversal pattern. The instrument is now going by the signal in a descending wave. The goal of the correction might be 1895.50. Upon testing the support level the pair might bounce off it and continue the uptrend. However, the quotes may […]
EURUSD, “Euro vs US Dollar” The currency pair is forming a consolidation range around 1.0820. Today an escape downwards to 1.0768 is expected, followed by growth to 1.0820 and a decline to 1.0717, from where the trend might continue to 1.0660. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is forming a consolidation […]
EURUSD, “Euro vs US Dollar” The currency pair is pushing off the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, implying an uptrend. A test of the Kijun-Sen line is expected at 1.0775, followed by growth to 1.1005. An additional signal confirming the growth will be a bounce off the […]
The market major sticks to the peaks of April. The current quote is 1.0860. The USD remains stressed by the market expectations of the upcoming end of the tight monetary policy of the Federal Reserve System as long as inflation in the country is slowing down. After the December report on the CPI was published, […]
On Monday, the leading crypto has grown to 21,150 USD. Growth over the week amounted to 22.64%, the main part of this happening over the last four days. Since the beginning of the year, the BTC has grown by more than 28.00% – and this has happened on a low-liquid market. Buyers went through all […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are in the overbought area. A divergence has appeared on the RSI. As a result, a bounce off +1/8 (1.0864) is to happen, followed by falling to the support level of 7/8 (1.0620). The scenario can be cancelled by rising over the resistance level of +1/8 […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Hanging Man reversal pattern. The pair may now go by the signal in a correctional wave. The goal of the pullback might be 1.0800. However, the pair may grow to 1.0930, break through it, and continue the uptrend without […]
EURUSD, “Euro vs US Dollar” The currency pair has reached the main goal of the wave of growth at 1.0871. Today a wave of decline to 1.0700 may begin. Then growth to 1.0800 and a decline to 1.0660 may follow, from where the trend might continue to 1.0480. GBPUSD, “Great Britain Pound vs US Dollar” […]