Tag: Roboforex
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is falling within the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.1865 and then resume moving downwards to reach 1.1585. Another signal in favour of a further downtrend […]
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 target may be at 1.0070. However, an alternative scenario implies that the price may […]
EURUSD, “Euro vs US Dollar” EURUSD has finished the descending wave at 1.0080; right now, it is consolidating around this level. If later the price breaks the range to the downside, the market may resume falling towards 1.0020; if to the upside – start another correction with the target at 1.0140. GBPUSD, “Great Britain Pound […]
BRENT In the H4 chart, Brent is trading within the “oversold area”. In this case, the price is expected to test 0/8, break it, and then continue moving upwards to reach the resistance at 1/8. However, this scenario may no longer be valid if the asset breaks the support at -1/8 to the downside. After […]
The BTC lost more than 7% in the last 24 hours. At the moment, the major crypto continues to fall and may soon reach $21,380. The key reason for this decline is that the euphoria passed. Earlier, the crypto market was rising due to the CPI report from the US. Based on the data, investors […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns close to the resistance level, such as Engulfing, USDCAD may reverse in the form of a new descending impulse. In this case, the downside target may be at 1.2910. Later, the market may break this level […]
GBPUSD continues falling; July lows are ahead. The Pound Sterling is looking weak against the USD. The current quote for the instrument is 1.1858. The statistics published earlier today didn’t provide the Pound with any support. Retail Sales in the United Kingdom added 0.3% m/m in July against the expected reading of -0.25 m/m. Core […]
EURUSD, “Euro vs US Dollar” EURUSD has fixed below 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 Tenkan-Sen at 1.0140 and then resume moving downwards to reach 0.9805. Another signal in favour of a further downtrend will be […]
EURUSD, “Euro vs US Dollar” EURUSD is consolidating around 1.0170. Possibly, today the pair may expand the range down to 1.0142 and then correct to reach 1.0222. After that, the instrument may start another decline with the target at 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” After completing the ascending wave at 1.2141 along […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the pair is expected to rebound from 4/8 and resume falling towards the support at 2/8. However, this scenario may be cancelled if the […]