Tag: Roboforex

Nov 03
Aussie got on sale. Overview for 03.11.2022

On Thursday, the Australian dollar against the US dollar is falling. The current quote is 0.6345. The morning trade balance statistics turned out interesting. In September, the results in Australia turned out better than expected. Export grew by 7% against 2.6% previously. Import dropped to 0% from 4.6% previously. The statistics could support the Aussie […]

Nov 03
EUR got down. Overview for 03.11.2022

On Thursday, the market major is depressed; the current quote is 0.9820. Yesterday the US Federal Reserve System completed its two-day meeting by lifting the interest rate to 4% annual. This is the high since 2008. The most important comment made right after the decision was announced touched upon the probability of further increases in […]

Nov 03
Murrey Math Lines 02.11.2022 (USDJPY, USDCAD)

USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are above the 200-day Moving Average, indicating the prevalence of an uptrend. The RSI is testing the support level. A movement towards 7/8 (148.43) should be expected, followed by a breakaway and growth to the resistance level of 8/8 (150.00). The scenario can be cancelled by […]

Nov 02
Ichimoku Cloud Analysis 02.11.2022 (GBPUSD, USDCAD, AUDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” The pair is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.1485 is expected, followed by growth to 1.1935. An additional signal confirming the growth will be a bounce off […]

Nov 02
Forex Technical Analysis & Forecast 02.11.2022

EURUSD, “Euro vs US Dollar” The pair bounced off 0.9952 downwards. It may fall deeper to 0.9820. After this level is reached, a wave of growth to 1.0094 might begin. GBPUSD, “Great Britain Pound vs US Dollar” The pair completed a wave of correction to 1.1438. Today the market is forming a structure of growth […]

Nov 02
EUR continues retreat. Overview for 02.11.2022

On Wednesday, the market major is decreasing moderately, while the market is waiting for the decision of the Federal Reserve System. The current quote is 0.9870. The demand for the US currency is growing before the two-day meeting of the US Fed ends. Almost without a doubt, the rate will be raised by 75 base […]

Nov 02
Japanese Candlesticks Analysis 02.11.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the pullback near the support level, the pair has formed a Doji reversal pattern. Currently, the pair may go by the signal in the form of an ascending wave. The goal of growth will be 1.0010. However, the price may pull back to 0.9845, bounce off this […]

Nov 02
The cryptocurrency market digest (BTC, TON). Overview for 02.11.2022

The BTC paused again. On Wednesday, it mainly fluctuates near 20,507 USD. Investors are saving powers before the Federal Reserve System decides anything about the interest rate. The main forecast implies an increase by 75 base points to 4% annual. According to the CME, the probability of such a scenario is 86%. However, the main […]

Nov 02
Yen manages to remain stable. Overview for 02.11.2022

Japanese yen against the US dollar today is quite balanced. The current quote is 147.17. Today the minutes of the last meeting of the Bank of Japan have been published. It says that the Japanese economy is speeding up, and in the long run the weakness of the yen will augment overseas economic activity. Monetary […]

Nov 01
Japanese Candlesticks Analysis 01.11.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” On H4, at the resistance level, the pair has formed a Sandwich reversal pattern. Currently, the pair is going be the signal in a descending wave. The goal of the pullback will be 1.3545. Later the price may bounce off the support level and continue the uptrend. However, the […]