Tag: Roboforex

The currency major has stabilised; the current quote is 1.0000. There are several days left before the meeting of the Federal Reserve System, and the market is unlikely to risk these days. The statistics published yesterday demonstrated that retail sales in the US in August grew by 0.3% m/m, while no changes had been expected. […]

EURUSD, “Euro vs US Dollar” The pair is correcting inside the Triangle pattern, going under the Cloud, which implies a downtrend. A test of the lower border of the Cloud is expected at 1.0005, followed by falling to 0.9850. An additional signal confirming the decline will be a bounce off the upper border of the […]

BRENT On H4, oil quotes are under the 200-day Moving Average, which indicates a downtrend. A downwards breakaway of 1/8 and subsequent falling to the support level of 0/8 should be expected. The scenario can be canceled by rising over the resistance level of 2/8, which might make the price rise to 3/8. On M15, the […]

EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a reversal pattern Harami. The quotes can go by the signal in a descending impulse, possibly aiming at 0.9875. However, the price may grow to 1.0035 and bounce off this level, continuing the downtrend after the correction. USDJPY, “US Dollar […]

The Australian dollar against the US dollar continues falling. The current quote is 0.6742. After a crash on Tuesday, the Aussie has somewhat stabilized but sellers are still prevailing. As morning statistics demonstrated, the unemployment rate in Australia in August grew to 3.5% against 3.4% in July, while no changes had been expected. The number […]

USDCHF, “US Dollar vs Swiss Franc” On H4, the pair is under the 200-day Moving Average, which means the prevalence of a downtrend. A test of 6/8 is expected, followed by a bounce off it and falling to the support level of 4/8. The scenario can be cancelled by a breakaway of 6/8 upwards, which might […]

The market major today remains weak, the current quote being 0.9975. The statistics from the Euro zone published yesterday disappointed investors and compromised the EUR. Industrial production in the region in July dropped by 2.3% m/m against the forecast 1% and by 2.4% y/y against the forecast growth by 0.4% and growth in June by […]

GBPUSD, “Great Britain Pound vs US Dollar” The pair is testing the support level. It is going inside the Cloud, which means the prevalence of a flat. A test of the upper border of the Cloud is expected at 1.1545, followed by falling to 1.1275. The decline will be signaled by a bounce off the […]

The market major on Wednesday is depressed, the current quote is 0.9980. The euphoria in the EUR did not last long: as soon as demand for the USD retuned, the parity level reminded of itself. Rally in the dollar pushed aside both aggression of the ECB and a decline in the stop prices for gas […]

USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are in the overbought area. A breakaway of 8/8 downwards should be expected, followed by a falling to the support level of 6/8. The scenario can be cancelled by rising over the resistance level of +1/8, in which case the growth might continue to +2/8. […]