Tag: Roboforex
EURUSD, “Euro vs US Dollar” The pair is testing the signal lines of the indicator upon bouncing off the support area. It is moving under the Ichimoku Cloud, indicating a downtrend. A test of the lower border of the Cloud is expected at 0.9985, followed by falling to 0.9735. An additional signal confirming the decline […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, AUDUSD quotes are in the oversold area. Currently, the level of 0/8 is expected to be taken, followed by growth to the resistance level of 1/8. The scenario can be cancelled by a breakaway of the support level of -1/8 downwards. In this case, the pair is […]
Our major starts the first full week of September by a decline. The current quote is 0.9920. The main factor that undermines the EURUSD rate is the development of the energy crisis in Europe. The EU, on its side, is doing everything to avoid fuel supply problems in the upcoming winter season, yet there are […]
XAUUSD, “Gold vs US Dollar” Near the support level, gold has formed yet another reversal pattern Hammer. Currently, going by the pattern, the pair might end up in an ascending impulse. The goal of growth can be 1720.50. However, the quotes might still fall to 1690.50 and continue the downtrend without testing the resistance level. […]
The BTC is going down smoothly. On Monday, 5 September, it is retreating to 19,854 USD. Over the last two weeks, the BTC has secured inside a flat of 19,500-20,560 USD. To begin some noticeable growth, the crypto needs to secure above 22,000 USD. In all other cases, the main scenario will imply a smooth […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is pushing off the signal lines of the indicator. It rests under the Ichimoku Cloud, indicating a downtrend. A test of the Kijun-Sen line is expected at 1.1585, followed by falling to 1.1150. An additional signal confirming the decline will be a bounce off the upper […]
EURUSD, “Euro vs US Dollar” On H4, the quotes rest under the 200-days Moving Average, which indicates the prevalence of a downtrend. We expect a test of 2/8, a breakaway of this level, and falling to the support level of 1/8. The scenario can be cancelled by a breakaway of the resistance level of 3/8 […]
EURUSD, “Euro vs US Dollar” After completing the descending structure at 0.9910, EURUSD is expected to correct up to 0.9980. Later, the market may resume trading downwards with the target at 0.9888. GBPUSD, “Great Britain Pound vs US Dollar” Having finished the descending wave at 1.1500, GBPUSD is expected to grow and reach 1.1644. After […]
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 […]