Tag: Roboforex
GBPUSD remains under pressure; the asset is trading at its 30-month lows. On Tuesday morning, the Pound Sterling is looking as weak against the USD as before. The current quote for the instrument is 1.1715. It appears that the British economy can’t handle one problem before another starts knocking on the door. This continuous stress […]
EURUSD got very close to parity again. The major currency pair recovered a little bit after plunging earlier this week. The current quote for the instrument is 0.9984. The key negative vibe for EURUSD was the speech delivered by US Fed Chair Jerome Powell at the economic symposium in Jackson Hole. Powell said that the […]
EURUSD, “Euro vs US Dollar” After rebounding from 0.9914 and completing a new ascending structure at 1.0000, EURUSD is consolidating below the latter level. Possibly, the pair may expand the range up to 1.0030 and then resume moving downwards the target at 0.9830. GBPUSD, “Great Britain Pound vs US Dollar” Having rebounded from 1.1648 and […]
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 test 4/8, break it, and then continue falling to reach the support at 3/8. However, this scenario may no […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1805 and then resume moving downwards to reach 1.1395. Another signal in favour of a further […]
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 rising impulse. In this case, the upside correctional target may be at 1.0065. However, an alternative scenario implies that the price […]
GBPUSD is plunging and updating its multi-month lows. The Pound Sterling can’t help plummeting against the USD. The current quote for the instrument is 1.1674. Apart from the strong ”greenback” factor and global risk aversion, negative news came from the British energy regulator, The Office of Gas and Electricity Markets (Ofgem). The regulator said that […]
EURUSD, “Euro vs US Dollar” 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 2/8, break it, and then continue falling to reach the support at 1/8. Still, this scenario may no longer be valid if the […]
On Monday, the BTC is trying to recover but not too successfully. It is chiefly fluctuating at $19,879. Over the last week, the leading cryptocurrency has lost more than 9%. Sellers took the BTC to $19,520 but the market recovered fast. Today everyone is perplexed as to whether to keep buying or to stop and […]
EURUSD, “Euro vs US Dollar” After completing the correction at 1.0045, EURUSD is falling; it has already broken 0.9950 and may continue moving towards the target at 0.9800. Later, the market may correct up to 0.9900 and then start another decline to reach 0.9730. GBPUSD, “Great Britain Pound vs US Dollar” Having finished the correction […]