Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates an uptrend. The RSI is nearing the overbought area. We should expect rising over 7/8 (0.6713) and growth to the resistance level of 8/8 (0.6835). The scenario can be cancelled by a breakaway of the support level […]
EURUSD, “Euro vs US Dollar” The pair has completed a wave of decline to 1.0270 and a link of growth to 1.0357. At the moment, the market is forming a consolidation range under this level. With an escape upwards, the range may extend to 1.0410. With an escape downwards, a pathway to 1.0175 will open. […]
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 signal in an ascending wave. The goal of the growth will be 1.3880; later the price may bounce off the resistance level and extend the downtrend. However, the […]
The Japanese yen against the US dollar is getting every moment weaker. The current USDJPY quote is 140.54. The morning Japanese statistics show that in Q3 the GDP of the country dropped by 1.2% y/y, while the forecast was a decline by 1.1% y/y. Quarter-wise, the decline was 0.3% against the expected growth by 0.3%. […]
EURGBP, “Euro vs Great Britain Pound” The pair is correcting by the Triangle pattern, going above the Ichimoku Cloud, which indicates an uptrend. A test of the upper border of the Cloud at 0.8725 is expected, followed by growth to 0.8965. An additional signal confirming the growth will be a bounce off the lower border […]
XAUUSD, “Gold vs US Dollar” At the resistance level, the instrument has formed a Shooting Star reversal pattern. Currently, the pair may go by the signal in a yet another correction wave. The goal of the pullback will be 1745.00. After a test of the support level, gold may bounce off it and continue the […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates an uptrend. However, the RSI has already reached the overbought area. As a result, we should expect a test of 4/8 (1.0253), a breakaway of it, and falling to the support level of 3/8 (1.0131). The scenario can […]
On Monday, the BTC is balancing near 16,746 USD. The morning session was much more complicated than expected, with a noticeable decline and sales. Losses of the BTC over the week exceeded 20%. The crucial reason for the sales, as you remember, is the story with Binance and FXT. At the market, they are actively […]
GBPUSD GBPUSD is testing the Tenkan-Sen line of the indicator, going above the Cloud, which indicates an uptrend. A test of the Kijun-Sen line is expected at 1.1600, followed by growth to 1.2175. An additional signal confirming the growth will be a bounce off the lower border of the ascending channel. The scenario can be […]
The British pound against the US dollar is at the highs since the end of August. The current quote is 1.1789. The main trigger for the growth of the GBP is the weakness of the USD. This is the factor that has let the pound climb up so high. Fundamentally speaking, there are very few […]