Tag: Roboforex
The Japanese yen against the US dollar looks stable. The current quote is 137.36. This morning, Japan issued some statistics that demonstrated an improvement in the leading indicator index in October to 99% from 97.5%. This is an averaged index containing 12 economic parameters that describes the state of the economy for the upcoming 3-6 […]
EURUSD, “Euro vs US Dollar” The currency pair completed an impulse of decline to 1.0460. Today a consolidation range is forming around this level. An escape downwards and further decline to 1.0388 is expected. After this level is reached, growth to 1.0460 may begin. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues […]
The BTC is being dragged down again. On Wednesday, the leading crypto is declining to 16,827 USD. And while yesterday there was a good chance to return above the resistance level of 17,200 USD, today this scenario just has no reason to be considered realistic. There is no correlation with the US stock markets, neither […]
The market major this Wednesday declined and took a pause. The current quote is 1.0450. EURUSD remains very sensitive to the turbulence of market moods. On Wednesday, there are minimum important statistics, so consolidation may take time. The main market sentiment is uncertainty. There is still a week left till the meeting of the US […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, at the resistance level, the currency pair has formed a Shooting Star reversal pattern. Currently, the pair can go by the signal in a descending wave. The goal of the decline will be 1.3545; later the price may bounce off the support level and extend the uptrend. […]
On Tuesday, the market major demonstrates quite limited activity. Current quote is 1.0510. Investors keep despising the USD because they are sure that in December the Fed will lift the interest rate by 50 base points instead of 75 base points as planned before. The European statistics published yesterday demonstrated that the Sentix CCI in […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is correcting inside a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2045 is expected, followed by growth to 1.2735. An additional signal confirming the growth will be a bounce […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI has bounced off the support line. Currently, we should expect a test of 8/8 (0.6835), a breakaway of it, and growth to the resistance level of +1/8 (0.6958). The scenario […]
On Tuesday, the Australian dollar against the US dollar is growing. The current quote is 0.6718. At the latest meeting, the Reserve Bank of Australia lifted the interest rate to 3.10% from 2.85%. This decision had been anticipated. The increase by 25 base points is quite by the previously voiced monetary policy of the RBA. […]
EURUSD, “Euro vs US Dollar” The currency pair completed an impulse of decline to 1.0496. Today a link of growth to 1.0535 looks probable. Then the correction might continue to 1.0388. After the correction is over, a new structure of growth to 1.0664 should start. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]