Tag: Roboforex
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed Harami and Hammer reversal patterns. Currently, the pair is forming an ascending wave by the signal. The goal of growth might be 1795.00. Upon testing the resistance level, the pair might get the chance for breaking it away and continuing the uptrend. However, […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a structure of decline to 1.0320 and continues forming a consolidation range. This new range is now forming at the lows of the declining impulse around 1.0356. With an escape from the range downwards, a pathway down to 1.0274 will open, from where the trend […]
USDCHF, “US Dollar vs Swiss Franc” The currency pair has pushed off the lower border of the Double Bottom reversal pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.9460 is expected, followed by growth to 0.9785. An additional signal confirming […]
The cryptocurrency market has started recovery. No one knows whether this will last long, so investors are actively using their chances. The BTC is rising to 16,894 USD. Curiously enough, the background is overloaded with news and fears, and interest to risk is minimal. However, the crypto market seems to be autonomous, focused on its […]
On Wednesday, the market major remains balanced. The current quote is 1.0350. Yesterday the macroeconomic calendar started coming back to life, step by step. The US issued a Conference Board CCI report for November. The index had fallen to 100.2 points from 102.2 points previously. The forecast had been weaker, suggesting a decline to 100.0. […]
The market major has again risen. The current quote is 1.0390. On Monday, the macroeconomic calendar was empty but there were things to pay attention to. The head of the European Central Bank Christine Lagarde yesterday underlined the readiness of the regulator to keep increasing the interest rate even if the PMI slowed down in […]
The Japanese yen against the US dollar cunningly avoids devaluation. The current quote is 138.67. The weak US dollar helps the yen remain neutral. This is a big victory if we keep in mind that the main course of the yen is devaluation, connected to a huge difference in trends and interest rates of the […]
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. The quotes are expected to rise above 7/8 (0.6713) and then reach the resistance level of 8/8 (0.6835). The scenario can be cancelled by […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Harami reversal pattern. Currently, the pair may go by the signal in an ascending wave. The goal of the growth may be 1.0540. However, the price may pull back to 1.0320, bounce off it, and continue the uptrend after […]
EURUSD, “Euro vs US Dollar” The currency pair continues forming a consolidation range around 1.0333. At the moment, the market has extended the range to 1.0496. Today the market has completed an impulse back to 1.0333 and is now forming a correction to 1.0411. With an escape from the range downwards a pathway down to […]