Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes have broken through the 200-day Moving Average and are now above it, which hints on possible development of an uptrend. However, the RSI is nearing the overbought area. As a result, we should expect a test of 4/8 (0.6347), a breakaway of it, and a […]
EURUSD, “Euro vs US Dollar” The currency pair has left the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.9945 is expected, followed by growth to 1.0250. An additional signal confirming the growth will be a bounce off the […]
EURUSD, “Euro vs US Dollar” The pair has extended the consolidation range to 1.0033. Today a link of correction to 0.9957 is expected (a test from above). Then a structure of growth to 1.0160 may develop. GBPUSD, “Great Britain Pound vs US Dollar” The pair has extended the consolidation range to 1.1540. Today a decline […]
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 0.9945. However, the price may grow to 1.0090, break through this level, and continue the uptrend […]
The Japanese yen against the US dollar looks quite confident. The current quote is 146.76. The morning statistics from Japan came out non-homogenous. First thing, we are interested in household spending. The indicator has grown by 2.3% y/y, while a month before it grew by 5.1%. The forecast was conservative, suggesting a decline to 2.6% […]
The market major is stuck to parity, unwilling to give it up. The current quote is 1.0000. Yesterday, a monetary politician from the European Central Bank has mentioned that sooner or later the regulator will have to start Quantitative Tightening. Also, the ECB will have to increase interest rates to the level that would bring […]
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 […]
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 […]
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 […]
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 […]