Tag: Roboforex

EURUSD, “Euro vs US Dollar” As we can see in the daily chart, after reaching the predicted downside target at 0.9554, EURUSD is forming the first ascending structure towards 0.9954. Later, the market may resume trading downwards to reach the key target at 0.9388 and then start a new growth towards 1.0360. GBPUSD, “Great Britain […]

EURUSD, “Euro vs US Dollar” EURUSD is testing the bearish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.9760 and then resume moving upwards to reach 1.0085. Another signal in favour of a […]

On Monday, the BTC is balancing near 19,093 USD, slightly growing. The market situation is not changing. The area between 18,000-19,000 USD remains the range of important support levels, and all the bearish attacks until now failed to break through the lower border of the channel. To go confidently and consistently, the BTC must rise […]

The major currency pair is looking rather neutral early in a new week, which is promising to be quite volatile. The current quote for the instrument is 0.9788. In September, EURUSD lost 2.5%. Also, it has declined 16% since the beginning of 2022. This week, the US will release new numbers on the labour market. […]

EURUSD, “Euro vs US Dollar” After finishing the ascending wave at 0.9853 along with the descending structure towards 0.9734, EURUSD is forming a new consolidation range around 0.9790. If later the market breaks this range to the upside, the market may form one more ascending wave to reach 0.9944; if to the downside – resume […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average, thus indicating a possible descending tendency. The Relative Strength Index is correcting towards the trendline. In this case, the price is expected to break 1/8 (0.9765) and continue falling to reach the support at […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support area, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside correctional target may be at 0.9900. However, an alternative scenario implies that the price […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is no longer moving inside the bearish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.1105 and then resume moving upwards to reach 1.1855. Another signal in favour of a […]

EURUSD, “Euro vs US Dollar” After forming a new consolidation range below 0.9744 and breaking it to the upside, EURUSD has completed the ascending wave at 0.9840. Today, the pair may fall to test 0.9744 from above and then start another correction up to 0.9946. Later, the market may resume trading downwards with the target […]

BRENT As we can see in the H4 chart, Brent is trading below the 200-day Moving Average it to indicate a possible descending tendency. The Relative Strength Index has broken the ascending trendline to the downside. In this case, the pair is expected to break 4/8 (87.50) and continue falling towards the support at 2/8 […]