Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, after breaking 8/8, AUDUSD is no longer moving within the “overbought area”. In this case, the price is expected to test 6/8, break it, and then continue falling to reach the support at 5/8. However, this scenario may no longer be valid if the price […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is no longer trading within the bullish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.2115 and then resume moving downwards to reach 1.1775. Another signal in […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns close to the resistance level, such as Harami, USDCAD may reverse in the form of a new descending impulse. In this case, the downside target may be at 1.2830. Later, the market may break this level […]
GBPUSD is falling on Tuesday; bears are getting more aggressive. The Pound Sterling continues to fall against the USD without any breaks. The current quote for the instrument is 1.2022. Earlier today, the United Kingdom released several reports on its labour market. The Unemployment Rate remained unchanged in June at 3.8%. Average Earnings Index added […]
EURUSD is losing momentum; investors are interested in the safe “greenback”. The major currency pair is falling on Tuesday. The current quote for the instrument is 1.0134. The situation in the currency market remains the same – investors are trying to escape from the risks. These risks are already known, but yesterday they were once […]
EURUSD, “Euro vs US Dollar” In the H4 chart, after breaking the 200-day Moving Average, EURUSD is trading below, thus indicating a 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 be valid if […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed an Engulfing reversal pattern not far from the resistance area. At the moment, the asset may reverse in the form of a new descending impulse. In this case, the downside target may be at 1780.50. At the same time, […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting within the bullish channel. 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 1.0205 and then resume moving upwards to reach 1.0445. Another signal in favour of a further […]
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 […]