Tag: Roboforex
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0240, EURUSD is consolidating there. If later the price breaks the range to the upside, the market may form one more ascending wave towards 1.0306; if to the downside – resume falling with the target at 1.0145, or even extend this structure down to […]
Something special has happened in the crypto market: the BTC has attacked $25,000 for the first time since June. On the whole, the leading cryptocurrency grew by almost 5% over last week. Please, notice the geopolitical risks, namely – the news about a new American delegation heading for Taiwan. China reacted by calling this visit […]
EURUSD retreated; investors see the events unfold. The major currency pair is looking rather calm on Monday – market players are waiting for new catalysts. The current quote for the instrument is 1.0230. Last Friday’s preliminary data on the Consumer Sentiment from the University of Michigan showed 55.1 points in August after being 51.5 points […]
BRENT In the H4 chart, after breaking 0/8, Brent is no longer trading within the “oversold area”. In this case, the price is expected to 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 0/8 to the downside. After that, […]
The BTC is looking neutral on Friday and trading at $23,962. It feels like the asset is slowly pushing its trading range upwards. The BTC owes its positive momentum to improved sentiment in the US stock market – the major crypto has a direct correlation with S&P 500/NASDAQ. Indices moved upwards yesterday and the BTC […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing Tenkan-Sen and Kijun-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.2130 and then resume moving upwards to reach 1.2415. Another signal in favour of a […]
GBPUSD is keeping its positive momentum while the “greenback” remains weak. The Pound Sterling is looking good against the USD on Friday. The current quote for the instrument is 1.2178. In the morning, the United Kingdom released a great deal of numbers. Industrial Production lost 0.9% m/m in June after adding 1.3% m/m in the […]
EURUSD, “Euro vs US Dollar” EURUSD is falling to reach 1.0270. After that, the instrument may form one more ascending wave with the target at 1.0355, or even extend this structure up to 1.0400. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading downwards to reach 1.2158. Later, the market may form one more […]
USDCHF, “US Dollar vs Swiss Franc” 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 test 2/8, break it, and then continue falling towards the support at 1/8. However, this scenario may be cancelled if the price breaks […]
EURUSD took advantage of the reasons for growth and may yet continue to improve. The major currency pair remains in good spirits on Thursday. The current quote for the instrument is 1.0225. Yesterday, the US released important and long-awaited data on inflation. Although when making monetary decisions the US Fed pays more attention to the other indicators, […]