Tag: Roboforex
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which signifies prevalence of an uptrend. However, the RSI is nearing the overbought area. As a result, the quotes are expected to test 7/8 (1.0620), a bounce off it, and falling to the support level of 5/8 (1.0376). The scenario […]
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. Currently, the pair is going by the signal in an ascending wave. The goal of growth might be 1835.50. Upon testing the resistance level, the pair might break through it and continue the uptrend. However, the quotes may pull […]
EURUSD, “Euro vs US Dollar” The currency pair corrected to 1.0430 and started the development of a new wave of growth. Today the market has reached 1.0555. At the moment, the market has formed a consolidation range around this level. With an escape upwards, a pathway to 1.0677 should open. With an escape downwards, a […]
EURUSD, “Euro vs US Dollar” The pair is testing the upper border of the bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0445 is expected, followed by growth to 1.0935. An additional signal confirming the growth will be a […]
At the beginning of this new winter week, the BTC looks not bad, looking for further opportunities for growth. On Monday, it is mostly moving at 17,342 USD. Over a week, the leading crypto grew by 6.8%. This is not bad, especially with the whole market being rather inactive and quite worried about the prospects. […]
The market major began the week by growth. The current quote is 1.0540. The US dollar got trapped by market inferences and previous comments of the Fed’s head Jerome Powell. First, Powell allowed for a more loyal attitude to the interest rate at the December meeting, and then investors came to their own conclusions based […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Shooting Star reversal pattern. Currently, the pair may go by the signal in a correctional wave. The goal of the pullback will be 1.0435. However, the pair might grow to 1.0650, break through the level, and continue the uptrend […]
On Friday, the market major is, indeed, happy. The current quote is 1.0510. Investors keep drowning the USD after the speech delivered this week by the head of the US Federal Reserve System Jerome Powell. According to CME, the probability of an increase of the interest rate by 50 base points at the meeting on […]
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 […]
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 […]