Tag: Roboforex
The BTC lost more than 7% in the last 24 hours. At the moment, the major crypto continues to fall and may soon reach $21,380. The key reason for this decline is that the euphoria passed. Earlier, the crypto market was rising due to the CPI report from the US. Based on the data, investors […]
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 Engulfing, USDCAD may reverse in the form of a new descending impulse. In this case, the downside target may be at 1.2910. Later, the market may break this level […]
GBPUSD continues falling; July lows are ahead. The Pound Sterling is looking weak against the USD. The current quote for the instrument is 1.1858. The statistics published earlier today didn’t provide the Pound with any support. Retail Sales in the United Kingdom added 0.3% m/m in July against the expected reading of -0.25 m/m. Core […]
EURUSD, “Euro vs US Dollar” EURUSD has fixed below the support level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.0140 and then resume moving downwards to reach 0.9805. Another signal in favour of a further downtrend will be […]
EURUSD, “Euro vs US Dollar” EURUSD is consolidating around 1.0170. Possibly, today the pair may expand the range down to 1.0142 and then correct to reach 1.0222. After that, the instrument may start another decline with the target at 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” After completing the ascending wave at 1.2141 along […]
USDCHF, “US Dollar vs Swiss Franc” As we can see 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 rebound from 4/8 and resume falling towards the support at 2/8. However, this scenario may be cancelled if the […]
AUDUSD has been plunging for the fifth consecutive trading session; the labour market data turned out to be very weak. The Australian Dollar is looking unimpressive against the USD. The current quote for the instrument is 0.6940. The statistics published by Australia in the morning were rather controversial. On one hand, Unemployment Rate in the […]
EURUSD is consolidating; investors are monitoring the unfolding situation. The major currency pair remains stable on Thursday. The current quote for the instrument is 1.0168. The currency market volatility is extremely low – investors aren’t willing to expend their energy in responding to the events they are usually interested in. However, it’s quite okay for […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed an Inverted Hammer reversal pattern not far from the support area. At the moment, the asset may reverse in the form of a new rising impulse. In this case, the upside target may be at 1792.00. At the same […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the support area. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.2090 and then resume moving downwards to reach 1.1835. Another signal in favour of a further downtrend will […]