Tag: Roboforex

Jan 12
GBP remains balanced. Overview for 12.01.2023

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. […]

Jan 12
Forex Technical Analysis & Forecast 12.01.2023

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 […]

Jan 12
Japanese Candlesticks Analysis 11.01.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Harami reversal pattern. Currently, the pair may go by the signal in the form of a correctional wave. The goal of the pullback might be 1.0700. However, the price may grow to 1.0820, break through it, and continue the […]

Jan 11
Ichimoku Cloud Analysis 11.01.2023 (EURUSD, NZDUSD, USDCAD)

EURUSD, “Euro vs US Dollar” The currency pair has secured above the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0665 is expected, followed by growth to 1.0895. An additional signal confirming the growth will be a bounce off the upper border […]

Jan 11
Murray Math Lines 11.01.2023 (USDJPY, USDCAD)

USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, indicating prevalence of a downtrend. The RSI is testing the resistance line. A downward breakaway of 0/8 (131.25) should be expected, followed by falling to the support level of -1/8 (129.68). The scenario can be cancelled by rising over […]

Jan 11
The cryptocurrency market digest (BTC, USDC). Overview for 11.01.2023

The BTC is trying to grow and for now it is doing a good job. On Wednesday, the crypto is chiefly moving around 17,431 USD. This is very close to a new intermediate resistance level of 17,500 USD that can open a pathway to 18,500 USD. The market enjoys good dynamics of American stock indices, […]

Jan 11
Forex Technical Analysis & Forecast 11.01.2023

EURUSD, “Euro vs US Dollar” The currency pair is consolidating near 1.0740. Today the price might spring to 1.0767. The goal is local. After this level is reached, correction to 1.0637 might start, followed by growth to 1.0788. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair completed a wave of correction to 1.2110. […]

Jan 11
JPY: a step back. Overview for 11.01.2023

The Japanese yen has somewhat retreated against the US dollar, the current quote being 132.14. Minor fluctuations of the rates are lawful because investors remain sensitive to liquidity that comes to the market out of the blue. Factually, the JPY now has only two triggers: interventions of the BoJ and the behaviour of the USD. […]

Jan 11
EUR remains strong. Overview for 12.01.2023

On Wednesday, the market major remains vigorous. The current quote is 1.0750. The market supports the EUR, and there are no reasons as yet for this attitude to change. The US statistics from yesterday could hardly be called impressive. Optimism index of small business in December dropped to 89.8 points from 91.9 previously. This is […]

Jan 10
EUR is going up. Overview for 10.01.2023

The market major continues growing. The current quote is 1.0740. The EUR is supported by the interest to risk and the weakness of the US currency. The market is selling the dollar because globally investors are overvaluing the prospects of further actions of the Federal Reserve System. Market players have several important releases at hand, […]