Tag: Roboforex
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 3/8, break it, and then continue falling to reach the support at 2/8. Still, this scenario may no longer […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from Tenkan-Sen and Kijun-Sen. 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 0.6720 and then resume moving downwards to reach 0.6555. Another signal in favour of a further downtrend will […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hanging Man reversal pattern close to the resistance level, USDCAD may reverse in the form of a new descending impulse. In this case, the downside correctional target may be at 1.3225. Later, the market may rebound from this […]
EURUSD, “Euro vs US Dollar” After a mighty decline to 0.9955, the pair is consolidating around 0.9988. Today it may drop to the lower border of the range at 0.9955, and with a breakaway of this level downwards, a pathway to 0.9800 will open. GBPUSD, “Great Britain Pound vs US Dollar” The pair has formed […]
XAUUSD, “Gold vs US Dollar” At a pullback from the support level, gold has formed a reversal pattern Hammer. If the pair goes by the pattern, it may form an ascending impulse. The goal of growth is probably 1680.00. However, the quotes may fall to 1645.50 without correcting to the resistance level. NZDUSD, “New Zealand […]
The BTC has fallen again. On Friday, the main fluctuations are at 19,797 USD. Everything which is going on with the BTC now has a lot to do with the situation in the US stock market. The latter, in turn, is experiencing totally not the best times. After capital markets dropped on Tuesday, there happened […]
The currency major has stabilised; the current quote is 1.0000. There are several days left before the meeting of the Federal Reserve System, and the market is unlikely to risk these days. The statistics published yesterday demonstrated that retail sales in the US in August grew by 0.3% m/m, while no changes had been expected. […]
EURUSD, “Euro vs US Dollar” The pair is correcting inside the Triangle pattern, going under the Cloud, which implies a downtrend. A test of the lower border of the Cloud is expected at 1.0005, followed by falling to 0.9850. An additional signal confirming the decline will be a bounce off the upper border of the […]
BRENT On H4, oil quotes are under the 200-day Moving Average, which indicates a downtrend. A downwards breakaway of 1/8 and subsequent falling to the support level of 0/8 should be expected. The scenario can be canceled by rising over the resistance level of 2/8, which might make the price rise to 3/8. On M15, the […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a reversal pattern Harami. The quotes can go by the signal in a descending impulse, possibly aiming at 0.9875. However, the price may grow to 1.0035 and bounce off this level, continuing the downtrend after the correction. USDJPY, “US Dollar […]