Tag: Roboforex
XAUUSD, “Gold vs US Dollar” As we can see in the daily chart, XAUUSD is forming another rising wave within the uptrend after convergence on MACD; the previous wave has tested 50.0% fibo. In this case, the pair is expected to continue the uptrend to reach 61.8% and 76.0% fibo at 1908.00 and 1969.50 respectively. […]
EURUSD, “Euro vs US Dollar” Having finished the descending structure and reached the short-term target at 1.1414, EURUSD is expected to continue the correction to reach 1.1390. Possibly, today the pair may return to test 1.1436 from below and then complete the correction by falling towards 1.1390. Later, the market may resume trading upwards with […]
EURUSD stopped growing; the statistics failed the “greenback”. The major currency pair is rather neutral early in the week. The current quote for the instrument is 1.1426. The statistics published by the US were disappointing. It seems like the Omikron strain together with surging inflation penetrated the country’s economy and financial system much deeper […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1413; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.1375 and then resume moving upwards to reach 1.1560. Another signal in favour of a further uptrend will be […]
BRENT In the H4 chart, Brent is trading above the 200-day Moving Average, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and then continue growing towards the resistance at 8/8. However, this scenario may no longer be valid if the asset breaks 6/8 to the downside. After that, […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern not far from the support level, XAUUSD is reversing and may continue forming its ascending impulse. In this case, the upside target may be the resistance area at 1845.00. At the same time, an opposite scenario […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the daily chart, the asset is still moving to the upside after testing 38.2% fibo and convergence on MACD. This movement should be considered as a short-term ascending correction, which may later be followed by a further downtrend towards 50.0% fibo at 0.6758. The […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading at 1.3726; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3695 and then resume moving upwards to reach 1.3840. Another signal in favour of a further uptrend […]
USDJPY is falling at the end of the week; the Yen is happy with the possibility of the rate hike. The Japanese yen is rising against the USD on Friday. The current quote for the instrument is 113.86. The Yen has been strengthening for almost the entire week due to the “greenback” weakness, which […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.1458. If later the price breaks this range to the upside, the market may resume trading upwards with the target at 1.1507; if to the downside – start a new correction towards 1.1385 and then form one more ascending structure to reach the above-mentioned target. […]
