Tag: Roboforex
EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.0190 and then forming a new consolidation range around this level, EURUSD has broken it to the downside. Later, the market may resume trading downwards with the target at 1.0100, or even extend this structure down to 1.0080. GBPUSD, “Great Britain Pound vs US […]
After moving away from its 8-week low, USDJPY is recovering. The Japanese Yen is falling against the USD on Wednesday. The current quote for the instrument is 133.17. The Yen was in demand when the US bond yield was plunging and the “greenback” was getting weaker, but these tendencies are now over. Nevertheless, the Yen […]
EURUSD has plunged in the last 24 hours; the “greenback” is in demand. The major currency pair plummeted. The current quote for the instrument is 1.0180. Demand for “safe haven” assets went up and the USD took advantage of the situation. Geopolitics, of course, is talking on the central stage. We’re talking about the speaker […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, AUDUSD is trading above the 200-day Moving Average, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 6/8 […]
EURUSD resumed its growth after weak PMI releases. The major currency pair is back to growing. The current quote for the instrument is 1.0244. The start of this trading week was rather struggling – the economic calendar offered a lot of PMI data from China, the US, and the Euro Area, which was minor. On […]
EURUSD, “Euro vs US Dollar” Having formed the consolidation range around 1.0240 and broken it to the upside, EURUSD is expected to extend this ascending structure up to 1.0334 without any corrections. After that, the instrument may resume trading downwards to return to 1.0240 and then start another growth with the target at 1.0381. GBPUSD, […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing Tenkan-Sen. 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 1.2115 and then resume moving upwards to reach 1.2465. Another signal in favour of a further uptrend will be a […]
GBPUSD is keeping the positive momentum gained earlier. The Pound Sterling continues to rise against the USD. The current quote for the instrument is 1.2235. The statistics published yesterday showed that Manufacturing PMI in the United Kingdom dropped to 52.1 points in July against the expected reading of 52.2 points. The indicator is slowing down […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.0207. Possibly, today the pair may grow towards 1.0275 and then resume trading downwards with the target at 1.0117, or even extend this structure down to 1.0077. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues consolidating around 1.2167. Possibly, the pair may move upwards […]
EURUSD, “Euro vs US Dollar” As we can see 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 3/8, break it, and then continue falling to reach the support at 2/8. Still, this scenario may no longer be […]