Tag: Roboforex

Dec 16
EUR holds positions. Overview for 16.12.2022

The market major used the US statistics quite efficiently. The current quote is 1.0650. EURUSD is trying and trying to grow, though investors look quite tired after the active week. The US statistics published yesterday demonstrated a decline in November retail sales by 0.6% m/m, while a decline by 0.2% had been forecast after previous […]

Dec 16
Murrey Math Lines 15.12.2022 (USDCHF, XAUUSD)

USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are in the oversold area. The RSI has bounced off the support line. An upwards breakaway of 0/8 (0.9277) is expected, followed by growth to the resistance level of 2/8 (0.9521). The scenario can be cancelled by a downward breakaway of the support level of […]

Dec 15
Forex Technical Analysis & Forecast 15.12.2022

EURUSD, “Euro vs US Dollar” The currency pair has formed a consolidation range around 1.0646. At some point, the range got expanded upwards to 1.0693. Today the market has returned to 1.0646. The decline is expected to continue to 1.0616, i.e. the lower border of the range. Next, a correction to 1.0646 looks possible, followed […]

Dec 15
Ichimoku Cloud Analysis 15.12.2022 (EURUSD, BRENT, AUDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0610 is expected, followed by growth to 1.0935. An additional signal confirming the growth will be a bounce off the lower border of the bullish […]

Dec 15
GBP counts on Bank of England. Overview for 15.12.2022

The British pound against the US dollar remains expensive. The current quote is 1.2392. To tell you the truth, the current quote of the pound looks even stronger keeping in mind how much the market was affected by the change of the PM and how hard it took the conservative financial policy of the BoE. […]

Dec 15
Everyone looks up at EUR. Overview for 15.12.2022

The market major reacted to the Fed’s decision quite effectively. The current quote is 1.0650. The brightest event of December has happened: the US Federal Reserve System carried out the last meeting this year and made some decisions about its credit and monetary policy. The interest rate was lifted by 50 base points to 4.50% […]

Dec 15
Ichimoku Cloud Analysis 14.12.2022 (GBPUSD, USDJPY, NZDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has secured above the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2210 is expected, followed by growth to 1.2720. An additional signal confirming the growth will be a […]

Dec 14
EURUSD will need stamina. Overview for 14.12.2022

On Wednesday, the currency major is waiting for the Fed’s decision. The current quote is 1.0630. Yesterday EURUSD went through a real rally, and for a serious reason. The US published the CPI for November, and these statistics surprised investors and economists. Inflation dropped to 7.1% y/y from 7.7% previously, while the forecast result had […]

Dec 14
Forex Technical Analysis & Forecast 14.12.2022

EURUSD, “Euro vs US Dollar” The currency pair escaped the consolidation range upwards and exhausted the whole potential of the wave of growth at 1.0670. Today the market is forming an impulse of decline to 1.0594. After this level is reached, growth to 1.0633 will become possible. Then a decline to 1.0540 will follow. GBPUSD, […]

Dec 14
The cryptocurrency market digest (BTC). Overview for 14.12.2022

At the third attempt, the BTC finally did rise above the intermediate resistance level of 17,200 USD and secured above it. On Wednesday, the leading cryptocurrency is fluctuating near 17,798 USD. This is very good news. Securing above the resistance level the BTC opened for itself a pathway to an important resistance level of 18,500 […]