Tag: Roboforex
The market major remains depressed. The current quote is 0.9900. As previously, the euro is affected by the energy crisis unveiling in Europe. While the winter season is coming, this factor will be acquiring more and more significance. On the other hand, the USD is supported by the demand for safe-haven assets from investors who […]
The BTC is inclined downwards, and it becomes more noticeable every day. On Wednesday, the leading cryptocurrency is balancing at 18,773 USD. Triggers are all the same. First and foremost, the reason is the falling of US stock indices and the rally in the USD. The dollar enjoys crazy demand in anticipation of the upcoming […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes have reached the overbought area. We should expect a bounce off 8/8 and subsequent falling to the nearest support level of 7/8. The scenario can be cancelled by rising over the resistance level of +1/8, in which case growth will continue so that the quotes […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Harami reversal pattern at the support level. Going by the reversal signal, the pair might end up in an ascending impulse. The goal of growth should be 1.3245; later the price might break through it continue growing. However, the quotes might pull […]
On Tuesday, the Australian dollar is losing positions against its American colleague. The current quote is 0.6775. At a meeting in September, the Reserve Bank of Australia decided to lift the interest rate from 1.85% to 2.35%, as expected. The RBA then commented that it would do everything possible to bring inflation to its target […]
The British pound against the USD has been trying to recover for two days in a row. The current quote is 1.1597. The main political intrigue of the month finally came to its ending: Liz Truss became the new Prime Minister of Great Britain. She is simultaneously the head of the Conservative Party. In fact, […]
EURUSD, “Euro vs US Dollar” The pair is testing the signal lines of the indicator upon bouncing off the support area. It is moving under the Ichimoku Cloud, indicating a downtrend. A test of the lower border of the Cloud is expected at 0.9985, followed by falling to 0.9735. An additional signal confirming the decline […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, AUDUSD quotes are in the oversold area. Currently, the level of 0/8 is expected to be taken, followed by growth to the resistance level of 1/8. The scenario can be cancelled by a breakaway of the support level of -1/8 downwards. In this case, the pair is […]
Our major starts the first full week of September by a decline. The current quote is 0.9920. The main factor that undermines the EURUSD rate is the development of the energy crisis in Europe. The EU, on its side, is doing everything to avoid fuel supply problems in the upcoming winter season, yet there are […]
XAUUSD, “Gold vs US Dollar” Near the support level, gold has formed yet another reversal pattern Hammer. Currently, going by the pattern, the pair might end up in an ascending impulse. The goal of growth can be 1720.50. However, the quotes might still fall to 1690.50 and continue the downtrend without testing the resistance level. […]