Tag: Roboforex
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 […]
Volatility in the BTC has somewhat subsided. On Wednesday, it is mainly fluctuating near 16,860 USD. Buyers are very cautious, minimum active. As expected, the market will need a lot of time to acquire at least some balance at the platform. After the story with Binance and FXT investors remain noticeably stressed out. Even more […]
EURUSD, “Euro vs US Dollar” The pair has extended the consolidation range to 1.0480. At the moment the market performed an impulse of decline to 1.0280. Today the market has corrected this impulse to 1.0386. At the moment, the market is forming a new consolidation range under this level. The main scenario is an escape […]