Tag: Roboforex

Nov 07
Japanese Candlesticks Analysis 07.11.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. Currently, the pair is going by the reversal signal in an ascending wave. The goal of growth will be 1.3600; later the price can break through the resistance level and extend the uptrend. However, the […]

Nov 07
Murrey Math Lines 07.11.2022 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” On H4, the quotes have broken through the 200-day Moving Average and are going above it, which signifies possible development of an uptrend. However, the RSI is nearing the overbought area. As a result, we should expect a test of 2/8 (1.0009), a bounce off it, and falling to the support […]

Nov 07
Forex Technical Analysis & Forecast 07.11.2022

EURUSD, “Euro vs US Dollar” The pair has formed an impulse of growth to 0.9962. At the moment, the market is forming a consolidation range under this level. With an escape downwards, we might see a correction to 0.9800. With an escape upwards, the wave of growth will extend to 1.0150. GBPUSD, “Great Britain Pound […]

Nov 07
Ichimoku Cloud Analysis 07.11.2022 (GBPUSD, USDJPY, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” The pair is pushing off the lower border of the ascending channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.1345 is expected, followed by falling to 1.0815. An additional signal confirming the decline […]

Nov 07
The cryptocurrency market digest (BTC, EUROC, KLAY). Overview for 07.11.2022

The BTC is correcting after preceding growth, on Monday balancing near 20,723 USD. Earlier the BTC rose to 21,258 USD. The rally – and for the crypto that had long been lingering to a narrow range this was a real rally – was based on rather good labour market statistics from the US. On Friday, […]

Nov 07
EURUSD played back losses. Overview for 07.11.2022

The market major starts the new week neutrally. The current quote is 0.9950. The statistics issued in the US on Friday turned out quite ambiguous. The unemployment rate in October grew to 3.7%, while a month ago it was 3.5%. The forecast had suggested growth to 3.6%. The NFP grew by 261 thousand against the […]

Nov 03
Ichimoku Cloud Analysis 03.11.2022 (EURUSD, GOLD, NZDUSD)

EURUSD, “Euro vs US Dollar” The pair has secured under the resistance level and is going under the Ichimoku Cloud, which indicates a downtrend. A test of the lower border of the Cloud is expected at 0.9885, followed by falling to 0.9605. An additional signal confirming the decline will be a bounce off the upper […]

Nov 03
Murrey Math Lines 03.11.2022 (USDCHF, XAUUSD)

USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are above the 200-day Moving Average, which means the prevalence of an uptrend. The RSI has bounced off the support line and is going up gradually. Here we expect growth of the quotes to the nearest resistance level of 3/8 (1.0131). The scenario can be […]

Nov 03
Japanese Candlesticks Analysis 03.11.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” Gold has formed a Harami reversal pattern at the support level. Currently, it may go by the signal of the pattern in yet another correctional wave. The goal of the pullback will be 1645.50. Upon testing the resistance level, the price may bounce off it and continues the downtrend. However, […]

Nov 03
Forex Technical Analysis & Forecast 03.11.2022

EURUSD, “Euro vs US Dollar” The pair has bounced off 0.9970 downwards. This practically opens a pathway down to 0.9684. After this level is reached, a link of correction to 0.9820 (a test from below) is not excluded. Next, a decline to 0.9565 should follow. GBPUSD, “Great Britain Pound vs US Dollar” The pair has […]