Tag: Roboforex

EURUSD, “Euro vs US Dollar” As we can see in the daily chart, after reaching the short-term downside target at 0.9964, EURUSD has completed the ascending impulse along with the correction; right now, it is forming one more ascending structure towards 1.0360 and may later consolidate there. If the price breaks the range to the […]

A month ago, we wrote that the crypto market was panicking. Over the time that passed, the crypto sector has somewhat gained balance: buyers did not have enough power to regain control but balanced out quite easily. On Monday, the BTC is near $23,303. The past week and month ended up with growth: over July, […]

EURUSD, “Euro vs US Dollar” EURUSD continues testing the bearish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may re-test the cloud’s upside border at 1.0175 and then resume moving upwards to reach 1.0405. Another signal in favour of a […]

Early in the week, EURUSD is consolidating and waiting for news. The major currency pair prefers to save strengths on Monday. The current quote for the instrument is 1.0222. The most anticipated and nervous event has already happened – the US FOMC raised its benchmark interest rate by 75 basis points, up to 2.25-2.5% last week. Investors […]

EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.0222, EURUSD is trading close to the bearish channel’s upside border. Possibly, today the pair may fall towards 1.0077 and then form a new consolidation range around 1.0177. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continue growing towards 1.2227 and may later fall […]

BRENT As we can see in the H4 chart, Brent is trading below the 200-day Moving Average, thus indicating a possible descending tendency. In this case, the price is expected to test 1/8, break it, and then continue moving downwards to reach the support at 0/8. However, this scenario may no longer be valid if […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support area, EURUSD may reverse in the form of another ascending impulse. In this case, the upside target may be at 1.0290. However, an alternative scenario implies that the price may fall to […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is growing 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 Tenkan-Sen at 1.2140 and then resume moving upwards to reach 1.2410. Another signal in favour of a further uptrend […]

EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0100 along with the correction up to 1.0220, EURUSD is forming a new consolidation range around the latter level. If later the price breaks the range to the downside, the market may start a new decline with the short-term target at 1.0000. GBPUSD, “Great […]

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 […]