Tag: Roboforex
The Japanese yen against the US dollar remains neutral. The quote is 137.05. Curiously enough, the market somehow manages to keep the yen balanced. With the huge difference between monetary policies of the Bank of Japan and the US Federal Reserve System, the JPY continues devaluation. However, due to excessive market expectations concerning the pause […]
On Thursday, the British pound against the US dollar is slightly declining, but looks stable, on the whole. The quote is 1.2182. The pound is taking advantage of the weakness of the USD quite efficiently and remains not far from the peaks of June. Yet indeed, Great Britain and the GBP have quite a bunch […]
EURUSD, “Euro vs US Dollar” The currency pair performed an impulse of decline to 1.0443 and corrected to 1.0548. Today a structure of a declining wave to 1.0433 is forming. And with a breakaway of this level downwards as well a pathway to 1.0320 will open. After this level is reached, growth to 1.0320 might […]
GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is correcting by a Wedge reversal pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2155 is expected, followed by growth to 1.2545. An additional signal confirming the growth will be […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of the downtrend. The RSI is testing the resistance line. A downward breakaway of the support level of 1/8 (0.9399) should be expected, followed by falling to 0/8 (0.9277). The scenario can be cancelled by rising […]
XAUUSD, “Gold vs US Dollar” On H4, at the support level, gold has formed a Harami reversal pattern. Currently, the pair is going by the signal in an ascending wave. The goal of the growth may be 1810.00. Upon testing the resistance level, the pair will get the chance for breaking through it and continuing […]
EURUSD, “Euro vs US Dollar” The currency 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 1.0385 is expected, followed by growth to 1.0755. An additional signal confirming the growth will be a bounce off […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI is testing the resistance line. A bounce off 4/8 (137.50) should be expected, followed by falling to the support level of 3/8 (134.37). The scenario can be cancelled by rising […]
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 […]