Tag: Roboforex

EURUSD, “Euro vs US Dollar” EURUSD is falling towards the downside border of the consolidation range at 0.9945 and may later grow to test 0.9990 from below. After that, the instrument may start a new decline with the target at 0.9890, or even extend this structure down to 0.9800. GBPUSD, “Great Britain Pound vs US […]

EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 0.9992; it has already expanded the range up to 1.0049 and is currently falling to return to 0.9992. If later the price breaks this range to the downside, the market may form a new descending wave to reach 0.9800; if to the upside – resume […]

AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to break 2/8 and continue falling to reach the support at 0/8. However, this scenario may no longer be valid […]

EURUSD, “Euro vs US Dollar” EURUSD is correcting within the Wedge pattern. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0045 and then resume moving downwards to reach 0.9845. Another signal in favour of a further […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance area, EURUSD may reverse in the form of a new descending impulse. In this case, the downside target may be at 0.9955. However, an alternative scenario implies that the price may […]

EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 0.9992. Today, the pair may expand the range up to 1.0040 and then fall with the target at 0.9920, or even extend this structure down to 0.9800. GBPUSD, “Great Britain Pound vs US Dollar” Having reached the short-term downside target at 1.1350, GBPUSD is expected […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 3/8, break it, and then continue falling to reach the support at 2/8. Still, this scenario may no longer […]

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 0.6720 and then resume moving downwards to reach 0.6555. Another signal in favour of a further downtrend will […]

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hanging Man reversal pattern close to the resistance level, USDCAD may reverse in the form of a new descending impulse. In this case, the downside correctional target may be at 1.3225. Later, the market may rebound from this […]

EURUSD, “Euro vs US Dollar” After a mighty decline to 0.9955, the pair is consolidating around 0.9988. Today it may drop to the lower border of the range at 0.9955, and with a breakaway of this level downwards, a pathway to 0.9800 will open. GBPUSD, “Great Britain Pound vs US Dollar” The pair has formed […]