Tag: Roboforex
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading near the downside border of the “overbought area”. In this case, the price is expected to rebound from 8/8 and then correct down to the support at 6/8. However, this scenario may no longer be valid if the […]
GBPUSD is plummeting non-stop. The Pound Sterling reached another low against the USD. The current quote for the instrument is 1.1343. American dollar is putting more and more pressure on the currency market. Most investors are trying to escape risks considering the current escalation in geopolitics and the increasing possibility of a recession. On Thursday, […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the resistance level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 1.1425 and then resume moving downwards to reach 1.1125. Another signal in favour of a further downtrend […]
The crypto market continues falling. On Wednesday, the BTC is approaching $18,865. One of the most important things is an increase in the correlation between the S&P 500 index and the BTC – it’s 72% now, which is very close to the May high. What does it mean? It means that almost all risky assets […]
EURUSD is falling pressured by the “greenback”; market players are focused on the Fed meeting. The major currency pair is falling on Wednesday. The current quote for the instrument is 0.9927. All investors are focused on the Fed’s meeting to be over later in the evening, where the regulator is expected to announce its rate […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset may reverse in the form of a new ascending impulse. In this case, the upside correctional target may be at 1685.00. At the same […]
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 […]