Tag: Roboforex
BRENT On H4, Brent quotes are under the 200-day Moving Average, which indicates a downtrend. The RSI has broken through the descending trendline. In this situation, further falling to the support level of 1/8 (78.12) is expected. The scenario can be cancelled by an upwards breakaway of the resistance level of 3/8 (84.38), which might […]
EURUSD, “Euro vs US Dollar” The currency pair has formed the first impulse of decline to 1.0592. Today the market might correct to 1.0684. Practically, the pair is forming a consolidation range at these levels. The main scenario suggests breaking away the lower border of this channel. With an escape downwards, a pathway to 1.0515 […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the lower border of a bullish channel. The instrument is going insode the Ichimoku Cloud, which suggests a flat. A test of the upper border of the Cloud at 1.2215 is expected, followed by falling to 1.1865. An additional signal confirming the decline will be […]
On Friday, the BTC is retracing moderately, balancing near 17,492 USD. At the same time, weekly growth of the BTC amounts to 1.6%. A great victory of the leading crypto is securing above the intermediate resistance level of 17,200 USD. The market is holding above it, still having a chance to reach 18,500 USD. There […]
The market major used the US statistics quite efficiently. The current quote is 1.0650. EURUSD is trying and trying to grow, though investors look quite tired after the active week. The US statistics published yesterday demonstrated a decline in November retail sales by 0.6% m/m, while a decline by 0.2% had been forecast after previous […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are in the oversold area. The RSI has bounced off the support line. An upwards breakaway of 0/8 (0.9277) is expected, followed by growth to the resistance level of 2/8 (0.9521). The scenario can be cancelled by a downward breakaway of the support level of […]
EURUSD, “Euro vs US Dollar” The currency pair has formed a consolidation range around 1.0646. At some point, the range got expanded upwards to 1.0693. Today the market has returned to 1.0646. The decline is expected to continue to 1.0616, i.e. the lower border of the range. Next, a correction to 1.0646 looks possible, followed […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0610 is expected, followed by growth to 1.0935. An additional signal confirming the growth will be a bounce off the lower border of the bullish […]
The British pound against the US dollar remains expensive. The current quote is 1.2392. To tell you the truth, the current quote of the pound looks even stronger keeping in mind how much the market was affected by the change of the PM and how hard it took the conservative financial policy of the BoE. […]
The market major reacted to the Fed’s decision quite effectively. The current quote is 1.0650. The brightest event of December has happened: the US Federal Reserve System carried out the last meeting this year and made some decisions about its credit and monetary policy. The interest rate was lifted by 50 base points to 4.50% […]