Tag: Roboforex
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Shooting Star reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside correctional target may be at 1.1415. However, an alternative scenario […]
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading below it, thus indicating a possible descending tendency. In this case, the price is expected to test 5/8, break it, and then continue falling to reach the support at 4/8. However, this scenario may be cancelled […]
EURUSD continued rising after the US reported on inflation. The major currency pair continues growing on Thursday. The current quote for the instrument is 1.1468. The CPI in the US showed 7.0% y/y, the same as expected. The “greenback” plummeted in response to this report: investors started to reduce their long positions because the […]
EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.1452, EURUSD is consolidating below this level. Possibly, the pair may grow to reach the short-term upside target at 1.1457 and then start a new correction towards 1.1363. Later, the market may form one more ascending structure with the target at 1.1506. GBPUSD, “Great […]
Brent As we can see in the H4 chart, the situation has significantly changed over the last week. At the moment, Brent is steadily growing towards the high at 86.63. However, the asset may yet slightly correct before attacking this level. After breaking the high, the price may continue trading upwards to reach the post-correctional […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1440; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1395 and then resume moving upwards to reach 1.1525. Another signal in favour of a further uptrend will be a […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading at 1.3639; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.3605 and then resume moving upwards to reach 1.3730. Another signal in favour of a further uptrend will […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY has rebounded from the resistance at 8/8. In this case, the price is expected to break 7/8 and correct downwards to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks 8/8 to […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, GBPUSD has reached 61.8% fibo after convergence on MACD and may boost its growth towards 76.0% fibo at 1.3672. After that, the pair may start a new correction to the downside before attacking the high at 1.3824. The key support […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.1313 and rebounding from this level, EURUSD is still growing and has already reached 1.1363; right now, it is consolidating around the latter level. Later, the market may break the range to the upside and form one more ascending structure with the short-term target […]
