Tag: Roboforex
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 […]
GBPUSD remains under slight pressure on Wednesday after the United Kingdom released numbers on inflation. The Pound Sterling is slowly falling against the USD. The current quote for the instrument is 1.2114. The British CPI skyrocketed in July and reached 10.1% y/y after being 9.4% y/y in June and against the expected reading of 9.8% […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0160, EURUSD is consolidating there. If later the price breaks the range to the upside, the market may form one more ascending wave to reach 1.0222, and then start another decline with the target at 1.0080; if to the downside – resume falling towards […]