Tag: Roboforex
EURUSD The pair is pushing off the signal lines of the indicator, going below the Ichimoku Cloud, which suggests the prevalence of an uptrend. A test of the upper border of the Cloud is expected at 1.0285, followed by growth to 1.0715. An additional signal confirming the growth will be a bounce off the lower […]
XAUUSD, “Gold vs US Dollar” At the resistance level, the instrument has formed a Shooting Star reversal pattern. Currently, the pair is following the signal, forming another correctional wave. The goal of the pullback might be 1742.50. After a test of the support level, the price may bounce off it and continue the uptrend. However, […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI are nearing the resistance line. Currently, we should expect a test of 1/8 (0.9399), a breakaway of it, and falling to the support level of 0/8 (0.9277). The scenario can […]
The British pound against the US dollar is aiming up high. The current quote is 1.1910. Sky-rocketing of British inflation and verbal interventions of the Bank of England have given the pound a foothold for growth. No one knows whether for long or not, yet for now the GBP is growing. The British CPI in […]
The market major on Thursday starts growing again. The current quote is 1.0390. The evening statistics from the US turned out mixed. Retail sales volume in October grew by 1.3% m/m, while the forecast had been 0.9%. The growth amounted to 8.3% y/y. Industrial production in the US in October dropped by 0.1% m/m upon […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range around 1.0357. The main scenario suggests an escape from the range downwards to 1.0280. And with a breakaway of this level a pathway to 1.0175 will open. The goal is local. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues […]
USDJPY, “US Dollar vs Japanese Yen” The currency pair is testing the Tenkan-Sen line of the indicator, going under the Ichimoku Cloud, which indicates a downtrend. A test of the Kijun-Sen line is expected at 139.95, followed by falling to 133.26. An additional signal confirming the decline will be a bounce off the upper border […]
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 decline will be 1.0311. However, the price may still continue the uptrend with our correcting to the support level. […]
EURUSD, “Euro vs US Dollar” The pair has secured under the Tenkan-Sen line and is preparing to develop a correction by the Head and Shoulders pattern. The pair is going above the Ichimoku Cloud, which indicates an uptrend. A test of the Kijun-Sen line at 1.0220 is expected, followed by growth to 1.0685. An additional […]
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 descending trendline. As a result, we should expect a test of 1/8 (139.06), a breakaway of it, and falling to the support level of 0/8 (137.50). The […]