Tag: Roboforex
Brent In the H4 chart, Brent is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to break 2/8 and continue moving downwards to reach the support at 0/8. However, this scenario may no longer be valid if the asset breaks 3/8 to the upside. After […]
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 1.0025. However, an alternative scenario implies that the price […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the support level. 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 0.9995 and then resume moving downwards to reach 0.9765. Another signal in favour of a further […]
On Friday, the BTC is barely moving close to $20,101. The major crypto is slowly cheapening, but market players remain cautious and don’t want to sell without news. The news might come up later today – labour market data for August from the US. Actually, market expectations are rather average: both Unemployment Rate and Average […]
GBPUSD keeps updating its lows; there are very few options on how to stop the plunge. After updating another low against the USD, the Pound Sterling is trying to reach stability. The current quote for the instrument is 1.1562. The political factor should be cleared up as early as next Monday. The Conservative Party will […]
EURUSD managed to recover a little bit after plunging earlier; however, investors are very cautious. The major currency pair may get under pressure on Thursday. The current quote for the instrument is 1.0025. Sure, EURUSD reached parity and even moved a bit higher, but it will be extremely difficult to stay there. The “greenback” is […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading within the “overbought area”. In this case, the pair is expected to test 8/8, break it, and the continue falling towards the support at 7/8. However, this scenario may be cancelled if the price breaks the resistance at […]
USDJPY is ready to update its multi-year lows again. The Japanese Yen is back to devaluating against the USD. The current quote for the instrument is 139.38. The “greenback” is extremely strong. In addition to that, market players didn’t get any signal from the Bank of Japan concerning the revision of its monetary policy. It […]
EURUSD, “Euro vs US Dollar” After completing the ascending structure at 1.0077, EURUSD is being pressured to fall. Possibly, today the pair may reach 0.9983 and then resume growing towards 1.0030, thus forming a new consolidation range around 0.9986. If the price breaks this range to the downside, the market may start another decline with […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is successfully 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 the cloud’s downside border at 1.1610 and then resume moving downwards to reach 1.1420. Another signal in favour […]