Tag: Roboforex

Dec 02
Ichimoku Cloud Analysis 02.12.2022 (GBPUSD, USDCHF, NZDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” The pair is growing in a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the signal lines of the indicator at 1.2155 is expected, followed by growth to 1.2890. An additional signal confirming the growth will be a bounce […]

Dec 02
Murrey Math Lines 02.12.2022 (Brent, S&P 500)

BRENT On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI has broken through the ascending trendline downwards. Hence, we should expect a test of 3/8 (84.38), a breakaway of it, and falling to the support level of 2/8 (81.25). The scenario can be cancelled by […]

Dec 02
The cryptocurrency market digest (BTC). Overview for 02.12.2022

The BTC was heading for 17,150 USD but failed to break through the intermediate resistance level of 17,200 USD. Now the leading cryptocurrency is correcting moderately with a probable goal at 16,885 USD. There is still a chance it will return to attack 17,200 USD, from where a pathway to 18,500 USD will open. These […]

Dec 02
Forex Technical Analysis & Forecast 02.12.2022

EURUSD, “Euro vs US Dollar” The currency pair has broken through 1.0475 upwards and continues growth to 1.0555. Upon reaching this level, a link of correction to 1.0430 is not excluded, followed by growth to 1.0590. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a wave of growth at 1.2306. Today […]

Dec 02
Murrey Math Lines 01.12.2022 (USDCHF, XAUUSD)

USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI has broken through the ascending trendline downwards. Currently, we should expect a test of 1/8 (0.9399), a breakaway, and falling to 0/8 (0.9277). The scenario can be cancelled by rising […]

Dec 02
Ichimoku Cloud Analysis 01.12.2022 (EURUSD, XAUUSD, USDCAD)

EURUSD, “Euro vs US Dollar” The currency pair is testing the upper border of the Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0360 is expected, followed by growth to 1.0765. An additional signal confirming the growth will be […]

Dec 02
Japanese Candlesticks Analysis 01.12.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed a Harami reversal pattern. Currently, the pair is going by the signal in a descending wave. The goal of the decline may be 1.3330; next thing, the price might break through the support level and extend the downtrend. However, […]

Dec 01
EUR: what did Powell say? Overview for 01.12.2022

The market major on Thursday is growing. The current quote is 1.0450. Yesterday was full of statistics, but the key catalyst was different. Activity of investors heated up after the speech of the head of the US Fed Jerome Powell. He confirmed that the next increase in the interest rate might be more modest that […]

Dec 01
Forex Technical Analysis & Forecast 01.12.2022

EURUSD, “Euro vs US Dollar” The currency pair has completed a structure of decline to 1.0290. Getting support at this level, the market has performed a link of growth to 1.0440. Today a consolidation range might form around this level. With an escape upwards, a pathway up to 1.0590 will open. With an escape downwards, […]

Dec 01
Forex Technical Analysis & Forecast for December 2022

EURUSD, “Euro vs US Dollar” The currency pair has broken through 1.0160 and has completed a structure of growth to 1.0496. At the moment, the market continues forming a consolidation range under this level. A link of correction to 1.0160 is not excluded. With an escape from the range upwards, a pathway to 1.0580 will […]