Tag: Roboforex
EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.0025, EURUSD is correcting down to 0.9933 and may later grow to reach 0.9988, thus forming a new consolidation range. If the price breaks this range to the downside, the market may start another decline with the target at 0.9800; if to the upside […]
Brent As we can see 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 4/8 and continue moving downwards to reach the support at 3/8. However, this scenario may no longer be valid if the asset breaks 5/8 […]
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 target may be at 1770.50. At the same time, […]
Despite the strong “greenback”, USDJPY has been slowly falling the entire week. The Japanese Yen is retreating a little bit against the USD on Friday. The current quote for the instrument is 137.02. The statistics published in the morning showed that the Tokyo Core CPI was 2.6% y/y in August after being 2.3% y/y and […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting inside the Triangle pattern. 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 1.1835 and then resume moving downwards to reach 1.1565. Another signal in favour of […]
Once again, activity in the BTC is low. On Friday, the major crypto remains at $21,420; it has been moving inside a narrow range the entire week. The BTC isn’t moving away from $21,500. The scenario remains the same – to resume rising, the asset must secure above $22,000. Today’s highlight is an annual symposium […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading above it to indicate a possible ascending tendency. In this case, the pair is expected to rebound from 6/8 and resume growing towards the resistance at 8/8. However, this scenario may be […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from 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 bullish channel’s upside border at 1.0040 and then resume moving downwards to reach 0.9780. Another signal in favour of a further downtrend […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 0.9909, EURUSD is growing towards 1.0030. After that, the instrument may start another with the target at 0.9950, or even extend this structure down to 0.9807. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending wave at 1.1755, GBPUSD is growing towards […]
After three days of plummeting, EURUSD managed to recover to parity. The major currency pair is trying to regain its positions. The current quote for the instrument is 0.9990. The statistics published by the US yesterday turned out to be not as disappointing as it could have been. The Durable Goods Orders report showed no […]