Tag: Roboforex

Aug 09
EURUSD: consolidation continues. Overview for 09.08.2022

EURUSD remains neutral while investors are saving strengths. The major currency pair is looking stable on Tuesday. The current quote for the instrument is 1.0200. It feels like EURUSD is on a holiday – the market volatility is almost zero. It happens, although not so often. In this particular case, the summer spleen meets the […]

Aug 09
Ichimoku Cloud Analysis 09.08.2022 (EURUSD, AUDUSD, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is stuck inside the Triangle pattern. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0215 and then resume moving downwards to reach 1.0095. Another signal in favour of a further […]

Aug 08
Murrey Math Lines 08.08.2022 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” In the H4 chart, EURUSD is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to test 2/8, break it, and then continue falling to reach the support at 1/8. Still, this scenario may no longer be valid if the price […]

Aug 08
The cryptocurrency market digest (BTC, DOGE). Overview for 08.08.2022

At the beginning of the new week of August, the BTC is growing. This is good news: if the leading crypto remains stubborn and confident, it might escape the flat by the upper border. Now the BTC costs $23,787. The task of the crypto sector for the nearest few days is securing above $25,000. Next, […]

Aug 08
Forex Technical Analysis & Forecast 08.08.2022

EURUSD, “Euro vs US Dollar” Having broken 1.0186 downwards, EURUSD is expected to continue falling towards 1.0122 and may later start another growth to return to 1.0186. After that, the instrument may resume trading downwards with the target at 1.0120, or even extend this structure down to 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” […]

Aug 08
EURUSD is confused. Overview for 08.08.2022

EURUSD reached stability; the asset remains inside its strategic sideways channel. The major currency pair is slowly rising, but it can be clearly seen that investors have no idea of what to do next. The current quote for the instrument is 1.0183. On one hand, investors got a very clear signal that the stability of […]

Aug 08
Ichimoku Cloud Analysis 08.08.2022 (GBPUSD, XAUUSD, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD 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 Kijun-Sen at 1.2115 and then resume moving downwards to reach 1.1765. Another signal in favour of a further downtrend […]

Aug 05
Murrey Math Lines 05.08.2022 (Brent, S&P 500)

BRENT As we can see in the H4 chart, Brent is trading within the “oversold area”. In this case, the price is expected to break -1/8 and 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 -2/8 to the downside. […]

Aug 05
Forex Technical Analysis & Forecast 05.08.2022

EURUSD, “Euro vs US Dollar” After breaking 1.0186 upwards, EURUSD is expected to continue growing towards 1.0256. Later, the market may resume trading downwards with the target at 1.0115, or even extend this structure down to 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed the descending wave at 1.2065; right now, it […]

Aug 05
Ichimoku Cloud Analysis 05.08.2022 (EURUSD, AUDUSD, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD continues testing the resistance area. 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 downside border at 1.0190 and then resume moving upwards to reach 1.0415. Another signal in favour of a further uptrend […]