Tag: Roboforex

Aug 15
The “greenback” is strong again. Overview for 15.08.2022

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 […]

Aug 12
Murrey Math Lines 12.08.2022 (Brent, S&P 500)

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, […]

Aug 12
The cryptocurrency market digest (BTC, ETH). Overview for 12.08.2022

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 […]

Aug 12
Ichimoku Cloud Analysis 12.08.2022 (GBPUSD, AUDUSD, USDCAD)

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 […]

Aug 12
The Pound is trying to rise. Overview for 12.08.2022

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 […]

Aug 12
Forex Technical Analysis & Forecast 12.08.2022

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 […]

Aug 11
Murrey Math Lines 11.08.2022 (USDCHF, GOLD)

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 […]

Aug 11
EURUSD succeeded in rising Overview for 11.08.2022

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, […]

Aug 11
Forex Technical Analysis & Forecast 11.08.2022

EURUSD, “Euro vs US Dollar” After breaking the consolidating range to the upside and reaching the short-term target at 1.0366, EURUSD is correcting downwards. Possibly, the pair may test 1.0270 from above and then form one more ascending wave with the target at 1.0404. GBPUSD, “Great Britain Pound vs US Dollar” Having broken the consolidation […]

Aug 11
Ichimoku Cloud Analysis 11.08.2022 (EURUSD, XAUUSD, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is no longer moving inside the Triangle pattern. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Kijun-Sen at 1.0245 and then resume moving upwards to reach 1.0505. Another signal in favour of a further uptrend […]