Tag: Roboforex
AUDUSD has been plunging for the fifth consecutive trading session; the labour market data turned out to be very weak. The Australian Dollar is looking unimpressive against the USD. The current quote for the instrument is 0.6940. The statistics published by Australia in the morning were rather controversial. On one hand, Unemployment Rate in the […]
EURUSD is consolidating; investors are monitoring the unfolding situation. The major currency pair remains stable on Thursday. The current quote for the instrument is 1.0168. The currency market volatility is extremely low – investors aren’t willing to expend their energy in responding to the events they are usually interested in. However, it’s quite okay for […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed an Inverted Hammer reversal pattern not far from the support area. At the moment, the asset may reverse in the form of a new rising impulse. In this case, the upside target may be at 1792.00. At the same […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the support area. 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 1.2090 and then resume moving downwards to reach 1.1835. Another signal in favour of a further downtrend will […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading below the 200-day Moving Average to indicate a descending tendency. In this case, the price is expected to test the support at 5/8, break it, and then continue falling and reach 4/8. However, this scenario may no longer […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the bullish channel’s downside border. 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 1.0220 and then resume moving downwards to reach 1.0005. Another signal in favour of a further downtrend will […]
EURUSD, “Euro vs US Dollar” Having expanded the consolidation range down to 1.1022, EURUSD is growing to expand it upwards. Possibly, the pair may reach 1.0222 and then start another decline with the target at 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues trading upwards to reach 1.2122 and may later form a […]
EURUSD remains neutral in anticipation of the FOMC Meeting Minutes. The major currency pair is barely moving on Wednesday. The current quote for the instrument is 1.0163. Despite getting a lot of information in the last 24 hours, investors aren’t very active. One may assume that they are saving strengths in anticipation of the FOMC […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a 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 1.0225. However, an alternative scenario implies that the price may correct […]
The BTC is slowly falling. On Wednesday, the major crypto is moving to $23,832. At the same time, the US stock market, which has a direct correlation with the BTC, continued rising yesterday, and the S&P 500 index even updated its highs. Why can’t the crypto market catch up with American exchanges? Probably, it’s because […]