Tag: Roboforex
EURUSD, “Euro vs US Dollar” The currency pair is growing inside 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 1.0055 is expected, followed by growth to 1.0525. An additional signal confirming the growth will be a bounce off […]
The BTC has returned to 17,360 USD, but the week has been unbelievably volatile and tough. The turmoil might be not over yet: cryptocurrencies have proved fragile again, and this might be a turning point for the market trust to digital assets. Over the week, the BTC lost 15.6%. Today the capitalisation of the crypto […]
On Friday, the market major is heading up. The current quote is 1.0260. The market is buying actively because the attitude to the future actions of the Federal Reserve System has changed. After the inflation statistics in October for the currency sector were published, a whole revolution happened. So, the CPI in the US over […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes of the pair and the RSI are nearing the oversold area. Currently, we should expect a test of 0/8 (0.9765), a bounce off it, and growth to the resistance level of 2/8 (1.0009). The scenario can be cancelled by a downward breakaway of the support […]
EURUSD, “Euro vs US Dollar” The pair has corrected to 0.9999. Today we expect growth to 1.0113 and prospective growth to 1.0160. The goal is local. After this level is reached, a wave of decline to 0.9800 should begin. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a wave of decline […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. Currently, the pair is going by the signal in an ascending wave. The goal of the growth will be 1.3635; later the price may break through the resistance level and extend the uptrend. Still, […]
On Thursday, the market major looks neutral. The current quote is 1.0030. Investors in global markets lost some of their optimism, and this inevitably impacted their attitude to risk, making them drop some of the corresponding assets. The EUR also lost some energy. The news is neutral on the verge of the key publication of […]
The British pound against the US dollar has recovered. The current quote is 1.1400. GBP rate remains quite volatile, while investors are engaged with the news. At the same time, it must be admitted that after Rishi Sunak was appointed Prime Minister, political disturbance subsided. However, there are questions to the economy and monetary policy. […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes have broken through the 200-day Moving Average and are now below it, which indicates possible development of a downtrend. However, the RSI is nearing the oversold area. As a result, we should currently expect a bounce off 5/8 (145.31) and growth to the resistance level […]
XAUUSD, “Gold vs US Dollar” Near the resistance level, gold has formed a Hanging Man reversal pattern. Currently, if the pair goes by the signal, it may result in another correctional wave. The goal of the pullback will be 1690.00. Upon testing the support level, the price may bounce off it and continue the uptrend. […]