Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair has extended the consolidation range to 1.0688. Today the market is forming an impulse of decline to 1.0630. After this level is reached, a link if correction to 1.0660 is not excluded, followed by a decline to 1.0600, from where the trend might continue to 1.0550. The […]
GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is correcting by a Triangle pattern. The pair is going under the Ichimoku Cloud, which indicates prevalence of a downtrend. A test of the lower border of the Cloud is expected at 1.2065, followed by falling to 1.1805. An additional signal confirming the decline will […]
BRENT On H4, Brent quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI is testing the resistance line. A test of 2/8 (81.25) should be expected, followed by a breakaway and falling to the support level of 1/8 (78.12). The scenario can be cancelled by rising over the resistance […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Harami reversal pattern. The pair is now going by the signal in an ascending wave. The goal of the growth might be 1.0725. However, the price may pull back to 1.0610, bounce off it, and continue the uptrend without […]
USDCHF, “US Dollar vs Swiss Franc” The currency pair is correcting in a Wedge reversal pattern. The instrument is going below the Ichimoku Cloud, which indicates a downtrend. A test of the upper border of the Cloud is expected at 0.9305, followed by falling to 0.9115. An additional signal confirming the decline will be a […]
On Thursday, the market major is declining. The current EURUSD quote is 1.0620. USD owes it mainly to the growth of the US state bonds yield. The return on 10-year bonds has reached the month peak. This provoked recovery of the USD and a local decline of the main currency pair. The market is quiet. […]
EURUSD, “Euro vs US Dollar” The currency pair completed an impulse of decline to 1.0610. Today the market is consolidating above this level. The range m8ght extend to 1.0638. Then a decline to 1.0581 should follow. With an escape from the range downwards, the wave of decline should continue to 1.0550. The goal is first. […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. The pair is now going by the signal in an ascending wave. The goal of the growth will be 1.3675; later the price may break through the resistance level and extend the uptrend. However, the […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI has bounced off the resistance line. Further falling to the nearest support at 3/8 (0.9155) is expected. The scenario can be cancelled by an upward breakaway of 4/8 (0.9277). In this […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, which indicates the downtrend. The RSI is nearing the overbought area. A bounce off the 3/8 (134.37) is expected, followed by falling to the support level of 2/8 (131.25). The scenario can be cancelled by rising over the resistance […]