Tag: Roboforex
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. Currently, the pair is going by the signal by forming another ascending wave. The goal of the growth may be 1795.00. Upon testing the resistance level, the pair may break through it and continue the uptrend. However, the quotes […]
EURUSD, “Euro vs US Dollar” On H4, at the support level the pair has formed a Harami reversal pattern. Currently, the pair is going by the signal in an ascending wave. The goal for further growth might be 1.0550. However, the price may pull back to 1.0335, bounce off it, and continue the uptrend upon […]
AUDUSD, “Australian Dollar vs US Dollar” The currency pair is growing inside the bullish channel, moving above the Ichimoku Cloud, which suggests the prevalence of an uptrend. A test of the upper border of the Cloud is expected at 0.6695, followed by growth to 0.6945. Growth will be additionally supporter by a bounce off the […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. However, the RSI is already in the oversold area. Here we should expect a test of the support level at 0/8 (0.9277), a bounce off it, and growth to the resistance level of […]
On Thursday, the market major has turned out much higher than expected. The current quote is 1.0430. All eyes in the market yesterday were glued to the minutes of the previous meeting of the US Federal Reserve System. One thing that got immediately notices is the wording “uncertainty lags”. This is something new to the […]
EURUSD, “Euro vs US Dollar” The currency pair formed a consolidation range around 1.0330 and with an escape upwards extended the structure of growth to 1.0445. Thus the market suggests considering continuation of the wave to 1.0590. Today a link of decline to 1.0330 (a test from above) is expected, followed by growth to 1.0500 […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. Currently, the pair may go by the signal in an ascending wave. The goal of the growth will be 1.3465; later the price may bounce off the resistance level and extend the downtrend. However, the […]
The Australian dollar against the US dollar is smoothly declining. The current quote is 0.6634. The downtrend has formed a week ago and remains in force. The November PMI in services in Australia turned out at 47.2 points against the expected 49.1 points. The same indicator in the processing industry dropped to 51.5 points against […]
NZDUSD, “New Zealand Dollar vs US Dollar” The pair is testing the upper border of the Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.6110 is expected, followed by growth to 0.6385. An additional signal confirming the growth will […]
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 has broken through the ascending trendline downwards. As a result, we should expect a test of 2/8 (140.62), a breakaway, and falling to the support level of 1/8 (139.06). The […]